Quick Verdict · who it fits
The Cheese Steak Shop fits owner-operators looking for an emerging food & beverage concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$358K - $854K
Franchise fee (Item 5)
$21K
Royalty (Item 6)
5% + 2% ad
Item 19 median rev
$747k franchisee-owned units
System size (Item 20)
15 +1
Agreement term
10 yrs
Years in business
9+ yrs
Company-owned units
10
Model The Cheese Steak Shop's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
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.
Where units actually land — not just the headline average.
P25
$457k
Median
$747k
P75
$1.05M
▪ n = 14 units · franchisee-owned units · fiscal year 2025 · Source: 2026 FDD Item 19
Drag to your projected annual sales. Royalty 5% + ad fund 2% on gross sales.
PROJECTED ANNUAL SALES$750,000
$100k$2M
Royalty (5%)
—
Ad fund (2%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
How The Cheese Steak Shop ranks against 811 Food & Beverage peers we've analyzed.
Initial investment
50th pct · of 811 peers
Franchise fee
9th pct · of 811 peers
System size
43rd pct · of 811 peers
Food & Beverage industry averages
Avg investment
$528K - $1.3M
Avg franchise fee
$38K
Avg system size
235
Franchises analyzed
811
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| The Cheese Steak Shop | Disclosed | $21K | $358K - $854K | 5% | 15 |
| Everything Yogurt Brands, Llc (green Leaf's Beyond Great Salads)Similar price | Disclosed | $25K | $285K - $855K | 5% | 12 |
| Doctor's AssociatesBiggest system | None | $15K | $227K - $630K | 8% | 18,773 |
| Vintage Hospitality GroupTop-rated in category | Disclosed | $50K | $3.5M - $6.4M | 5.5% | 33 |
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Free explainers to go deeper before you sign.
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Brand Analysis
Cracker Barrel Old Country Store, Inc. reported 656 company-operated stores in 43 states as of January 30, 2026, and the brand has never sold a franchise. Huddle House and Another Broken Egg cover the same daypart with filed FDDs, at $555,375 to $1,715,275 and $792,500 to $1,804,000.
The Cheese Steak Shop requires a $21,000 initial franchise fee and a total initial investment range of $357,500–$853,500, per the most recent FDD on file.
The Cheese Steak Shop is franchised by One Cheese Steak Franchising, LLC, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.
Yes. The Cheese Steak Shop discloses Item 19 financial performance representations with reported revenue around $746,810. See the financials sub-page for the full distribution.
Franchisees pay a royalty of 5% of Gross Sales and an advertising fund contribution of Up to 2% on gross sales as defined in Item 6 of the FDD.
As of their 2026 FDD, The Cheese Steak Shop has 15 total locations, with 1 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
Per the FDD, The Cheese Steak Shop discloses an initial agreement term of 10 years, a renewal fee of $1,000, a transfer fee of $7,500. Review Items 10 and 17 for the full renewal and termination provisions.
This page is part of VetMyFranchise. View all pages: llms.txt · llms-full.txt