Charleys Philly Steaks
Food & Beverage · Quick-Service Restaurants
- Active units
- 700
- Avg unit volume
- $942k
- Royalty
- 6.0%
Franchised, year-end 2023
of weekly Net Sales
About Charleys Philly Steaks
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$25k
- Second and subsequent Restaurant fee
$15,000 for your second and any subsequent Restaurant
- Brand fund
1.0% of Net Sales
- Local advertising
2.0% of Net Sales
- Footprint
400 – 2,500 sq ft
- Veteran discount
12250.0% off franchise fee — VetFran reduction of $12,250 with proof of honorable discharge; repay waived amount if transfer or termination within 1 year of opening.
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations744
Franchised units open at year-end
- New openings—
Gross new units opened during the calendar year
- 1-year unit growth rate6.3%
Net unit growth versus prior year
- 3-year unit CAGR4.6%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio—
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate-3.3%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment—
Midpoint of estimated initial investment range
- Time to open—
Midpoint of average time from agreement to opening
- Royalty rate6.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.