The Original Steaks & Hoagies franchise
2023 filing · March 8, 2023
The Original Steaks & Hoagies at a glance
A sandwich shop serving cheesesteaks, hoagies and fresh-made sides.
The business
- Franchisor
- J & J Restaurant Franchises, LLC
- The company that sells the franchises
- Franchising since
- 2021
- 2 years of selling franchises
- Franchisor based in
- Medina, Ohio
What you pay
- Cost to open
- $112K–$269K
- Fee, build-out and opening working capital
- Franchise fee
- $29,500
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross sales, paid weekly, plus 1% to the marketing fund
- Brand fund
- 1%
- 1% of gross sales, paid weekly
- Agreement length
- 10 years
- Territory
- Protected
- Protected territory
- Franchisor financing
- None offered
Where it is
- Franchised, 2022
- 2
- As printed in the filing
From J & J Restaurant Franchises, LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
The Original Steaks & Hoagies among all franchises with the same figure.
| Figure | The Original Steaks & Hoagies | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $190,500 | Costs less than 71% of franchises |
| Franchise feePaid once, when you sign | $29,500 | Lower than 81% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
How much a The Original Steaks & Hoagies franchise costs
Opening one The Original Steaks & Hoagies costs an estimated $112,250 to $268,750. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements ($10,000 to $100,000) and additional funds (for first 3 months) ($25,000 to $50,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial franchise fee | $29,500 | ||
| Rent and Lease Security Deposit | $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) | $25,000 | $50,000 | |
| Total | $112,250 | $268,750 | |
Source: J & J Restaurant Franchises, LLC, 2023 filing, page 15
The Original Steaks & Hoagies franchise fee
The franchise fee is $29,500. You pay it when you sign the franchise agreement.
Source: J & J Restaurant Franchises, LLC, 2023 filing, page 11
Royalty and ongoing fees
| Royalty | 6% of gross sales, paid weekly, plus 1% to the marketing fund. |
|---|---|
| Brand or marketing fund | 1% of gross sales, paid weekly. |
| Transfer fee | $10,000 plus any broker fees and other out-of-pocket costs we incur |
| Replacement/Additional Training fee | Currently, $50 per day |
| Local Marketing/Required Spending | (Up to) 2% of your gross sales |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: J & J Restaurant Franchises, LLC, 2023 filing, page 12
Other fees as filed, from pages 12–14. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures The Original Steaks & Hoagies does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: J & J Restaurant Franchises, LLC, 2023 filing, page 37
How The Original Steaks & Hoagies compares
Of the 80 sandwich franchises on this site, The Original Steaks & Hoagies is the 3rd cheapest to open.
| Figure | The Original Steaks & Hoagies | Typical sandwich brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $112K | $321K | $222K |
| Cost to open, high end | $269K | $683K | $477K |
| Franchise fee | $30K | $32K | $40K |
| Royalty | 6% | 6% | 6% |
| Brand fund | 1% | 2% | 2% |
| Shares earnings figures | No | 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 |
|---|---|---|
| 2020 | 0 (0) | 6 |
| 2021 | 0 (0) | 6 |
| 2022 | 2 (+2) | 6 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
These figures don't add up as printed: the 2020 counts come to 5, but the filing shows 6. Worth asking the franchisor.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: sandwich and sub franchise costs and franchise failure rates.
Source: J & J Restaurant Franchises, LLC, 2023 filing, page 38
Where The Original Steaks & Hoagies locations are
At the end of 2022, The Original Steaks & Hoagies had locations in 2 states. The most are in Ohio and Indiana.
- Ohio7
- Indiana1
Source: J & J Restaurant Franchises, LLC, 2023 filing, page 38
Who owns The Original Steaks & Hoagies?
The Original Steaks & Hoagies franchises are sold by J & J Restaurant Franchises, LLC. Its filing names no parent company.
From J & J Restaurant Franchises, LLC’s 2023 filing, page 9.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
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: J & J Restaurant Franchises, LLC, 2023 filing, litigation on page 11, bankruptcy on page 11
The Original Steaks & Hoagies filings
The figures on this page come from J & J Restaurant Franchises, LLC’s 2023 filing, issued March 8, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | March 8, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other sandwich franchises
All sandwich franchises
The Original Steaks & Hoagies is also on these lists: restaurant franchises, food franchises.