Start Up Investment
We have established a start-up process to help Chiddy’s CheeseSteaks owners open their restaurant quickly and cost-efficiently. Our team has negotiated the best equipment pricing and we continue to focus on getting better as we grow.
The chart below outlines key areas of initial investment and ongoing expenses as part of our restaurant brand. For those who want to learn more or want to become pre-qualified click here.
Per our 2020 Franchise Disclosure Document
Initial Fees and Investment Terms
|Notes on Investment|
|Startup Investment||$167,150 to $355,375||For Single Unit/Territory. Additional territory is available for additional fee.|
|Initial Franchise Fee||$30,000||For one unit. This fee is included in the startup investment range.|
|On-going Royalty||6% of Gross Sales||Paid Weekly.|
|Brand Development Fund||1% of Gross Sales||Plus $600/month Franchise Owner spends on Local Advertising/Marketing|
Included in startup range. These funds help launch the restaurant into your new community.
The Initial Franchise Fee includes the Chiddy’s CheeseSteaks pre-opening training. Training is held at one of our affiliate locations in Long Island, NY, and lasts for two weeks. We teach our recipes, daily operations processes, marketing tactics, financial management, staffing recommendations, and management for your new restaurant. We offer additional training and support in your Chiddy’s CheeseSteaks location as you get ready to open. We continue to be available to help you develop and grow serving your community. We look forward to helping you open your Chiddy’s CheeseSteaks!!