Charleys Philly Steaks FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor offers franchises for quick service restaurants operating under the “Charleys” name and mark. Charleys Restaurants feature Philadelphia-style cheese steaks and several other varieties of grilled subs, french fries, lemonade and soft drinks. In this disclosure document, the franchisor refers to Restaurants operating in mall food courts, airports, military bases and inline locations as “CPS Restaurants” and they refer to Restaurants operating in inline and freestanding locations that additionally offer chicken wings and other chicken-based menu items as “CPSC Restaurants”. They further refer to a CPSW Restaurant located within a Walmart Store as a “Walmart Location”.
Gosh Enterprises, Inc. is an Ohio corporation. They were incorporated and began offering franchises for Charleys Restaurants in May 1990. They conduct business under their corporate name and the names “Charleys®”, “Charleys Philly Steaks®”, “Charley’s Grilled Subs®”, and “Charleys Philly Steaks Wings ● Philly Steaks™”. Their principal business address is 5000 Arlington Centre Blvd., Suite 5300, Columbus, Ohio 43220.
The total investment necessary to begin operation of CPS Restaurant is $242,137 to $668,000. This includes $24,500 that must be paid to us. The total investment necessary to beginoperation of a CPSW Restaurant is $269,524 to $1,002,700. This includes $24,500 that must be paid to the franchisor. The total investment necessary to begin operation of a CPSW Restaurant within a Walmart Location is $292,775 to $583,700. This includes $28,250 to $94,250 that must be paid to the franchisor and their affiliates.