We're serious about food. We want to know you're serious about our business.
Trust us, this isn't about jumping through hoops, it's about making things go as smoothly as possible for you.
What does Charleys look for in a franchisee?
What about financing? How much money do I need to open a Charleys restaurant? Does Charleys offer financing?
What are Charleys franchise fee and royalties?
How much can I make as a Charleys franchisee?
We look for individuals with an entrepreneurial spirit, a strong desire to succeed by being actively involved in the business and a willingness to learn and follow the systems we have developed over many years of experience.
You will typically need $75,000 - $100,00 in liquid assets and a minimum credit score of 700 to qualify for any financing secured by third-party lending sources. Charleys has established professional relationships with both local and national third-party lenders for their potential franchisees to interview.
There is a one-time franchise fee of $24,500 for a single unit. royalties are 6% of gross sales. national advertising is 0.25% of gross sales. franchisees are required to spend 3% of gross sales locally promoting their restaurant.
We are restricted by the Federal Trade Commission and various state franchise sales regulations from providing you with specific profit projections. We will determine your qualification based upon your completed application and then provide you with our Franchise Disclosure Document (FDD). This prospectus contains historical, legal and financial information on Charleys as well as a list of our current franchisees for you to contact.