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CHARLEYS; CHARLEYS PHILLY STEAK; CHARLEYS GRILLED SUBS

CHARLEYS; CHARLEYS PHILLY STEAK; CHARLEYS GRILLED SUBS

Gosh Enterprises, Inc. franchises Charleys Restaurants, quick-service to fast-casual eateries offering Philadelphia-style cheesesteaks, grilled subs, buffalo-style chicken wings, french fries, lemonade, and soft drinks under names like Charleys Philly Steaks and Charleys Grilled Subs. They provide a comprehensive system including trademarks, designs, recipes, and operational standards for CPS Restaurants in mall food courts, airports, and inline locations, and CPSW Restaurants in freestanding spots or Walmarts with expanded chicken menu items. The business targets the competitive quick-service restaurant industry, serving consumers seeking affordable, grilled hot subs and related items.

766locations
$203K–$1004K
Since 1990
Food & BeverageColumbus, OHwww.charleys.comDisclaimer

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Franchise Costs

Franchise Fee
$24,500
Initial Investment
$202,690 – $1,004,447
Royalty Rate
6.00%
Brand Fund
1.00%
Fixed Monthly Fees
$26,150 – $26,150

6% royalty + 1% marketing fund + 2-3% local store marketing + $6.50/mo technology fee + $150/mo internet + $27.50/week digital menu board

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$845,372
Median Gross Revenue
$743,169

Data Based On: 713 franchised Restaurants that were open during the entire 2025 calendar.

Extracted Item 19 Section

Avg. Revenue: $845,372

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How CHARLEYS; CHARLEYS PHILLY STEAK; CHARLEYS GRILLED SUBS Compares

Key Insights

  • Lower investment than 77% of Fast Food franchises
  • Lower than average SBA loan default rate in Fast Food
FranchiseInvestmentFeeRoyaltyLocations
CHARLEYS; CHARLEYS PHILLY STEAK; CHARLEYS GRILLED SUBS
Current
$203K – $1.0M$25K6.0%766
MCDONALD'S$1.5M – $2.6M$45KN/A12,772
LITTLE CAESARS$377K – $1.8M$20K6.0%3,788
AFC$45K – $151K$6K8.0%3,572
KFC (NON-TRADITIONAL)$1.2M – $4.2M$45KN/A3,404
SONIC DRIVE-IN$1.5M – $2.5M$15K5.0%3,120
Fast Food Average
133 franchises
$597K – $1.6M$35K6.1%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 133 Fast Food franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2025)

Outlets by state across the United States

Top States
1TX
136
2FL
113
3CA
66
4MD
41
5IL
35
6NY
30
7VA
30
8OH
29
9AZ
22
10NJ
21
11GA
20
12PA
17
13CO
15
14MA
13
15NC
13

+32 more states

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SBA Loan History


Historical SBA 7(a) loan data for CHARLEYS; CHARLEYS PHILLY STEAK; CHARLEYS GRILLED SUBS franchisees (20102016)

Total Loans
23
Average Loan
$142,357
Total Volume
$3.3M
Default Rate
4.3%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

23 SBA loans on record

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Franchisee Contacts

819 franchisee contacts on file from official FDD filings.

819 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
23
Transfers
47
Sold to Franchisees
4
Projected New
50

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Frequently Asked Questions

The total initial investment to open a CHARLEYS; CHARLEYS PHILLY STEAK; CHARLEYS GRILLED SUBS franchise ranges from $202,690 to $1,004,447. This includes a franchise fee of $24,500. Ongoing royalty fees are 6.0% of gross sales.