Quick Verdict · who it fits
Charleys Philly Steaks fits owner-operators looking for a mature food & beverage concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$203K - $1.0M
Franchise fee (Item 5)
$25K
Royalty (Item 6)
6% + 1–4% ad
System size (Item 20)
766 +45
Agreement term
10 yrs
Years in business
36+ yrs
Company-owned units
60
Item 3 litigation
None disclosed
Buyer qualifications
•No exclusive territory•Owner-operator required✓No bankruptcy disclosed✓No Item 3 litigation
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Drag to your projected annual sales. Royalty 6% + ad fund 1–4% on gross sales.
PROJECTED ANNUAL SALES$910,000
$100k$2M
Royalty (6%)
—
Ad fund (1–4%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
Free AI summary — the first read on the filing.
826
Total units open
45 franchised units, 0 company-owned units
Units opened last year
23 franchised units
Units closed last year
13 units
Net unit growth
What our analysis flagged across the 2026 filing.
4
Risks to review
4
Strengths identified
5
Questions to ask
How Charleys Philly Steaks ranks against 561 Food & Beverage peers we've analyzed.
Initial investment
24th pct · of 561 peers
Franchise fee
14th pct · of 561 peers
System size
90th pct · of 561 peers
Food & Beverage industry averages
Avg investment
$594K - $1.4M
Avg franchise fee
$44K
Avg system size
346
Franchises analyzed
561
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Charleys Philly Steaks | Disclosed | $25K | $203K - $1.0M | 6% | 766 |
| Sk Restaurants Pvt. Ltd. (khazana)Similar price | None | $85K | $278K - $1.0M | 6–7.5% | 1 |
| Doctor's AssociatesBiggest system | Disclosed | $15K | $227K - $630K | 8% | 18,773 |
| Vintage Hospitality GroupTop-rated in category | Disclosed | $50K | $3.5M - $6.4M | 5.5% | 33 |
Free explainers to go deeper before you sign.
Charleys Philly Steaks requires a $24,500 initial franchise fee and a total initial investment range of $203,492–$1,004,447, per the most recent FDD on file.
Yes. Charleys Philly Steaks discloses Item 19 financial performance representations in its FDD. See the financials sub-page for the disclosed figures.
Franchisees pay a royalty of 6% of Gross Sales and an advertising fund contribution of 1.0% to 4.0% on gross sales as defined in Item 6 of the FDD.
As of their 2026 FDD, Charleys Philly Steaks has 766 total locations, with 45 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
No. Charleys Philly Steaks does not grant exclusive territory rights under Item 12. The franchisor retains the right to operate or grant additional units inside or adjacent to your trade area.
Per the FDD, Charleys Philly Steaks discloses an initial agreement term of 10 years, a renewal fee of $10,000, a transfer fee of $10,000. Review Items 10 and 17 for the full renewal and termination provisions.
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