About Chiddy's Cheesesteaks Franchise
Chiddy's Cheesesteaks is a fast casual restaurant franchise featuring a menu built around authentic cheesesteak sandwiches, empanadas, fresh cut french fries, and a variety of other comfort food items.
The concept targets a broad customer base looking for high quality, satisfying meals in a convenient setting.
The franchise fee is $15,000.
Chiddy's Cheesesteaks Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $15,000 | One-time payment upon signing |
| Royalty Fee | 6.0% of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | As established by cooperative members, but not exceeding 2% of Gross Sales | National brand fund |
| Total Investment Range | $149,150 – $298,542 | Includes build-out, inventory, working capital |
The investment range of $149K–$299K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6.0%) and marketing fee (As established by cooperative members, but not exceeding 2% of Gross Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee (Note 1) | $30,000 | $30,000 |
| Construction and Leasehold Improvements, Furniture and Fixtures (Note 2) | $58,000 | $144,000 |
| Lease Deposits – 3 Months (Note 3) | $9,000 | $16,000 |
| Equipment (Note 4) | $31,000 | $31,000 |
| Signage (Note 5) | $5,000 | $11,000 |
| Computer, Software and Point of Sales System (Note 6) | $1,450 | $3,300 |
| Grand Opening Marketing (Note 7) | $500 | $2,500 |
| Initial Inventory (Note 8) | $3,500 | $6,500 |
| Utility Deposits (Note 9) | $500 | $2,000 |
| Insurance Deposits and Premiums – 12 Months (Note 10) | $1,000 | $2,000 |
| Travel for Initial Training (Note 11) | $900 | $3,375 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $50 |
| Renewal Fee | 25% of the then current franchise fee with a minimum of $6,250 |
| Technology Fee | $750 |
| Audit Fee | For costs incurred by us for each financial audit, provided the audit determines |
| Brand Development Fund (Note 4) | Up to 1% of Gross Sales. We reserve the right to raise the Brand Development Fun |
| Local Marketing (Note 5) | $600 |
| Annual Conference Attendance Fee (Note 9) | $1,500 |
| Additional Employee Initial Training | $500 |
| Interest | 1.5% per month of highest rate allowed by law |
| Insufficient Fund Fee | $50 |
| Management Fee | 20% of Gross Sales in the event we |
| Construction and Leasehold Improvements, Furniture and Fixtures (Note 2) | $58,000 |
| Lease Deposits – 3 Months (Note 3) | $9,000 |
| Equipment (Note 4) | $31,000 |
| Signage (Note 5) | $5,000 |
| Grand Opening Marketing (Note 7) | $500 |
| Initial Inventory (Note 8) | $3,500 |
| Utility Deposits (Note 9) | $500 |
| Insurance Deposits and Premiums – 12 Months (Note 10) | $1,000 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | If you meet our conditions for renewal you may renew your franchise for 1 additional 10-year term. |
| Termination for Cause | We can terminate if you are in default of the terms of the Franchise Agreement. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
Chiddy's Cheesesteaks Franchise Earnings — Item 19
Chiddy's Cheesesteaks does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Chiddy's Cheesesteaks Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Chiddy's Cheesesteaks System Growth
Chiddy's Cheesesteaks currently operates 0 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 0 | ||
| 2019 | 3 | ||
| 2019 | 3 | ||
| 2020 | 0 | ||
| 2020 | 3 | ||
| 2020 | 3 | ||
| 2021 | 1 | ||
| 2021 | 2 | ||
| 2021 | 3 |
Chiddy's Cheesesteaks Franchise — FAQ
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