About The Original Steaks and Hoagies Franchise
The Original Steaks & Hoagies is a quick service restaurant franchise serving authentic Philadelphia cheesesteaks and fresh made sides at reasonable prices.
Franchising since 2021, the brand brings the beloved flavors of a true Philly cheesesteak to communities across the country, targeting customers who crave genuine, high quality steak sandwiches.
The initial franchise fee is $29,500.
The Original Steaks and Hoagies Franchise Cost & Fees
Minimum Investment
$112K
Average Investment
$191K
Maximum Investment
$269K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $29,500 | One-time payment upon signing |
| Royalty Fee | 6% of your gross sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% of your gross sales | National brand fund |
| Total Investment Range | $112,250 – $268,750 | Includes build-out, inventory, working capital |
The investment range of $112K–$269K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of your gross sales) and marketing fee (1% of your gross sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial franchise fee (see Note 1) | $29,500 | $29,500 |
| Rent and Lease Security Deposit (see Note 2) | $1,650 | $11,250 |
| Utilities | $100 | $500 |
| Leasehold Improvements | $10,000 | $100,000 |
| Market Introduction Program | $3,000 | $6,000 |
| Furniture, Fixtures, and Equipment | $20,000 | $30,000 |
| Computer Systems | $2,000 | $3,500 |
| Insurance | $2,000 | $4,000 |
| Signage | $7,700 | $13,000 |
| Office Expenses | $500 | $1,000 |
| Inventory | $5,000 | $7,500 |
| Licenses and Permits | $1,000 | $3,000 |
| Dues and Subscriptions | $300 | $500 |
| Professional Fees (lawyer, accountant, etc.) | $1,500 | $3,000 |
| Travel, lodging and meals for initial training | $3,000 | $6,000 |
| Additional funds (for first 3 months) (see Note 3) | $25,000 | $50,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $10,000 plus any broker fees and other out-of-pocket costs we incur |
| Technology Fee | Currently, $60-$125 per month; based upon purchase or lease option of POS System |
| Audit Fee | Our actual cost |
| Market Cooperative Contribution | As determined by co-op. Currently, none. (Up to 5% of gross sales) |
| Local Marketing/Required Spending | (Up to) 2% of your gross sales |
| Replacement / Additional Training fee | Currently, $50 per day |
| Third party vendors | Pass-through of costs, plus reasonable administrative charge. Currently, none. |
| Non-compliance fee | $500 (then $250 per week) |
| Reimbursement | Amount that we spend on your behalf, plus 10% |
| Late fee | $100 plus interest on the unpaid amount at a rate equal to 18% per year (or, if such payment exceeds the maximum allowed by law, then interest at the highest rate allowed by law) |
| Insufficient funds fee | $30 (or, if such amount exceeds the maximum allowed by law, then the maximum allowed by law) |
| Costs of collection | Our actual costs |
| Special support fee | Our then-current fee, plus our expenses. Currently, $600 per day. |
| Customer complaint resolution | Our expenses |
| Special inspection fee | Currently $600, plus our out-of-pocket costs |
| Non-compliance cure costs and fee | Our out-of-pocket costs and internal cost allocation, plus 10% |
| Liquidated damages | An amount equal to royalty fees and marketing fund contributions for the lesser of (i) 2 years or (ii) the remaining weeks of the franchise term. |
| Indemnity | Our costs and losses from any legal action related to the operation of your franchise |
| Prevailing party’s legal costs | Our attorney fees, court costs, and other expenses of a legal proceeding, if we are the prevailing party |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 53 hours |
| On-the-Job Training | 53 hours |
| Training Location | Medina Ohio |
| Additional Training | If a manager or other employee attends training after opening, a fee of $50 per day will be charged. If a new general manager needs training, a fee of $50 per day will be charged. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive |
| Exclusive Territory | Yes |
| Territory Size | 50,000 population-center or a 3-mile radius from the location, whichever is less |
| Description | The territory will be a defined area, generally a 50,000 population-center or a 3-mile radius from the location, whichever is less. It may be specified as a radius around the location or use other boundaries such as county lines, political boundaries, streets, geographical features, or trade area. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years from date of franchise agreement |
| Renewal Term | up to 2 additional 5-year terms |
| Renewal Conditions | Franchisee must give advance notice (90-180 days prior to term end), be in compliance with all contractual obligations, renovate to current standards, sign the then-current standard franchise agreement and related documents (including personal guaranty), and execute a general release (unless prohibited by law). |
| Transfer Fee | $10,000 plus any broker fees and other out-of-pocket costs incurred by franchisor |
| Transfer Conditions | Franchisor receives transfer fee, proposed buyer meets franchisor standards and is not a competitor, buyer and owners sign current franchise agreement and related documents, franchisee has paid all monetary obligations and is not in default, buyer and employees undergo required training, franchisee and transferee execute a general release, and the business complies with all recent System Standards. |
| Termination for Cause | Curable defaults (10-day cure for non-payment, 30-day cure for other breaches) include non-payment, insufficient funds, and other breaches. Non-curable defaults (no cure period) include misrepresentation, false reports, bankruptcy, failure to open, loss of location, material violation of confidentiality or non-compete, abandonment of business, slander/libel, refusal to cooperate with audits/inspections, significant danger to health/safety (48-hour cure), multiple defaults, cross-termination, or felony conviction/accusation. |
| Non-Compete Period | During the term of the franchise agreement and for two years after termination or expiration |
| Non-Compete Details | During the term, neither the franchisee, any owner, nor their spouse may have an ownership interest in, lend money to, provide financial assistance to, provide services to, or be employed by any competitor. For two years after termination or expiration, the same restrictions apply within five miles of the former territory or any other The Original Steaks & Hoagies business operating at the time of termination. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | Franchisees are not required to personally participate in the direct operation of the business, though it is recommended. A 'Principal Executive' must be designated, owning at least 10% of the business, completing initial and future training programs, and making reasonable efforts to attend required meetings. The Principal Executive cannot miss more than three consecutive required meetings. |
| Required Suppliers | The franchisor has the right to require franchisees to purchase or lease all goods, services, supplies, fixtures, equipment, inventory, computer hardware and software, real estate, or comparable items related to establishing or operating the business either from the franchisor or its designee, from approved suppliers, or according to franchisor specifications. |
| Supply Restrictions | Franchisees must obtain insurance as described in the Franchise Agreement and Brand Standards Manual. Franchisees must purchase or lease the point-of-sale software and hardware, and related software and hardware, specified by the franchisor. |
| Franchisor Revenue from Suppliers | The franchisor receives payments from designated suppliers from franchisee purchases, including a 2.5% rebate on all purchases from certain Approved Vendors. |
The Original Steaks and Hoagies Franchise Earnings — Item 19
The Original Steaks and Hoagies does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
The Original Steaks and Hoagies 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.
The Original Steaks and Hoagies Litigation & Risk Flags
Clean Litigation RecordThe Original Steaks and Hoagies has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
The Original Steaks and Hoagies System Growth
Total Units
8
Franchised
2
Company-Owned
6
The Original Steaks and Hoagies currently operates 2 franchised locations and 6 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 0 | 0 | 6 |
| 2021 | 0 | 0 | 6 |
| 2022 | 2 | 0 | 8 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 15 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, OR, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
0
Net Income
$7.91
Total Assets
$46K
The Original Steaks and Hoagies Franchise — FAQ
The total investment to open a The Original Steaks and Hoagies franchise ranges from $112,250 to $268,750, per their Franchise Disclosure Document. This includes the initial franchise fee of $29,500. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
The Original Steaks and Hoagies charges a royalty fee of 6% of your gross sales of gross sales, plus a 1% of your gross sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the The Original Steaks and Hoagies Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from The Original Steaks and Hoagies to ensure you have the most up-to-date version.
The Original Steaks and Hoagies does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
The Original Steaks and Hoagies has been franchising since 2021. The FDD shows an investment range of $112,250-$268,750, a 6% of your gross sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $29,500 and the total investment ranges from $112,250 to $268,750 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from The Original Steaks and Hoagies and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with The Original Steaks and Hoagies or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com