Chiddy's Cheesesteaks franchise
2026 filing · March 6, 2026GrowingShares sales figures
Chiddy's Cheesesteaks at a glance
A fast-casual restaurant serving Philly-style cheesesteaks, sandwiches and sides. At the end of 2025 there were 6 Chiddy's Cheesesteaks locations in the US, 3 franchised and 3 company-owned.
The business
- Franchisor
- Chiddy's Cheesesteaks Franchising LLC
- The company that sells the franchises
- Franchisor based in
- Commack, New York
- Typical size
- 1,200–2,400 sq ft
What you pay
- Cost to open
- $182K–$447K
- A Chiddy's Cheesesteaks restaurant
- Franchise fee
- $30,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of weekly gross sales with a minimum of $125 a week, plus up to 2% (currently 1%) to the brand development fund
- Brand fund
- 1%
- 1% of gross sales, paid weekly; it can rise to 2%
- Renewal fee
- See terms
- 25% of the then current initial franchise fee with a minimum of $6,250
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2025
- 6
- Franchised and company-owned
- Franchised
- 3
- Company-owned
- 3
- Change in 3 years
- +1
- Franchised locations, 2023–2025
- States
- 1
- Most in New York
From Chiddy's Cheesesteaks Franchising LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Chiddy's Cheesesteaks among all franchises with the same figure.
| Figure | Chiddy's Cheesesteaks | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $314,763 | Costs less than 55% of franchises |
| Franchise feePaid once, when you sign | $30,000 | Lower than 72% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 6 | Fewer than 69% of franchises |
How much a Chiddy's Cheesesteaks franchise costs
Opening a Chiddy's Cheesesteaks restaurant costs an estimated $182,150 to $447,375. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are construction and leasehold improvements, furniture, and fixtures ($58,000 to $187,500) and liquor license ($15,000 to $50,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Is Made Initial Franchise Fee | $30,000 | ||
| Construction and Leasehold Improvements, Furniture, and Fixtures | $58,000 | $187,500 | |
| Lease Deposits – Three Months | $9,000 | $35,000 | |
| Equipment | $25,000 | $43,000 | |
| Signage | $5,000 | $11,000 | |
| Computer, Software, and Point-of-sale System | $1,450 | $3,300 | |
| Grand Opening Marketing | $7,500 | $10,000 | |
| Initial Inventory | $3,500 | $6,500 | |
| Utility Deposits | $500 | $2,000 | |
| Insurance Deposits and Premiums – 12 Months | $1,000 | $2,000 | |
| Travel for Initial Training | $900 | $3,375 | |
| Professional Fees | $8,000 | $15,000 | |
| General Licenses and Permits | $2,000 | $3,000 | |
| Liquor License | $15,000 | $50,000 | |
| Printing, Stationery, and Office Supplies | $300 | $700 | |
| Additional Funds – Three Months | $15,000 | $45,000 | |
| Total | $182,150 | $447,375 | |
Source: Chiddy's Cheesesteaks Franchising LLC, 2026 filing, page 18
Chiddy's Cheesesteaks franchise fee
The franchise fee is $30,000. You pay it when you sign the franchise agreement.
Source: Chiddy's Cheesesteaks Franchising LLC, 2026 filing, page 12
Royalty and ongoing fees
| Royalty | 6% of weekly gross sales with a minimum of $125 a week, plus up to 2% (currently 1%) to the brand development fund. |
|---|---|
| Brand or marketing fund | 1% of gross sales, paid weekly; it can rise to 2%. |
| Technology | Up to $750 per month |
| NSF Check Fee or Failed Electronic Fund Transfer | Greater of $50 per violation or the maximum amount allowed by law |
| Renewal | 25% of the then current initial franchise fee with a minimum of $6,250 |
| Local Marketing | Up to $1,000 per month, $600 per month |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Chiddy's Cheesesteaks Franchising LLC, 2026 filing, page 13
Other fees as filed, from pages 13–16. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Chiddy's Cheesesteaks publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Chiddy's Cheesesteaks Franchising LLC, 2026 filing, page 52
- Estimate Estimated yearly sales per location
- $440K–$770K
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
Growth and closures
Share of franchised locations, 2025 / 2023–2025. Typical means the median: half of brands are above it, half below.
| Measure | Chiddy's Cheesesteaks | Typical sandwich brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | 0% / +50% | 0% / 0% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 0% / 0% | 2% / 13% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical sandwich brand is the median of the 35 brands in sandwich franchises with three years of counts.
How Chiddy's Cheesesteaks compares
Of the 80 sandwich franchises on this site, Chiddy's Cheesesteaks is the 9th cheapest to open and the 51st largest by number of locations.
| Figure | Chiddy's Cheesesteaks | Typical sandwich brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $182K | $321K | $222K |
| Cost to open, high end | $447K | $683K | $477K |
| Franchise fee | $30K | $32K | $40K |
| Royalty | 6% | 6% | 6% |
| Brand fund | 1% | 2% | 2% |
| US locations | 6 | 31 | 21 |
| Shares earnings figures | Yes | 50 of 80 | 2,147 of 3,352 |
Typical is the median across the 80 brands in sandwich franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2023 | 2 (0) | 3 | 0 | 0 |
| 2024 | 3 (+1) | 3 | +1 | 0 |
| 2025 | 3 (0) | 3 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
Chiddy's Cheesesteaks passes four of the five tests on our list of the best franchises to own; it had fewer than 100 US locations three years ago.
More in the guides: sandwich and sub franchise costs and franchise failure rates.
Source: Chiddy's Cheesesteaks Franchising LLC, 2026 filing, page 56
Where Chiddy's Cheesesteaks locations are
At the end of 2025, Chiddy's Cheesesteaks had locations in 1 state. The most are in New York.
- New York6
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| New York | 3 | 3 | 6 |
Source: Chiddy's Cheesesteaks Franchising LLC, 2026 filing, page 56
Who owns Chiddy's Cheesesteaks?
Chiddy's Cheesesteaks franchises are sold by Chiddy's Cheesesteaks Franchising LLC. Its filing names no parent company.
From Chiddy's Cheesesteaks Franchising LLC’s 2026 filing, page 8.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | No bankruptcy of the franchisor. Its chief operating officer filed for personal Chapter 7 bankruptcy in December 2018; it was discharged in June 2019. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Chiddy's Cheesesteaks Franchising LLC, 2026 filing, litigation on page 12, bankruptcy on page 12
Chiddy's Cheesesteaks filings
The figures on this page come from Chiddy's Cheesesteaks Franchising LLC’s 2026 filing, issued March 6, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | March 6, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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