South Philly Steaks & Fries franchise
2026 filing · March 23, 2026Shares sales figures
South Philly Steaks & Fries at a glance
A quick-service restaurant serving hot and cold cheesesteaks and sandwiches, fries and onion rings, with beer and wine where allowed. At the end of 2025 there were 6 South Philly Steaks & Fries locations in the US, 1 franchised and 5 company-owned, so most are run by the company itself.
The business
- Franchisor
- Everything Yogurt Brands, LLC
- The company that sells the franchises
What you pay
- Cost to open
- $406K–$905K
- Fee, build-out and opening working capital
- Franchise fee
- $25,000
- $35,000 outside the continental United States
- Royalty
- 5%
- 5% of gross sales, paid weekly, plus local advertising of 3% of gross sales
- Brand fund
- 1%
- 1% of gross sales, paid weekly; it can rise to 3%
- Renewal fee
- See terms
- 50% of the then-current Initial Franchise Fee
- Agreement length
- 10 years
Where it is
- US locations, 2025
- 6
- Franchised and company-owned
- Franchised
- 1
- Company-owned
- 5
- Change in 3 years
- 0
- Franchised locations, 2023–2025
- States
- 6
- Most in Louisiana, Nevada and New York
From Everything Yogurt Brands, LLC’s 2026 filing; revenue and net income from its audited financial statements, page 179; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
South Philly Steaks & Fries among all franchises with the same figure.
| Figure | South Philly Steaks & Fries | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $655,500 | Costs more than 73% of franchises |
| Franchise feePaid once, when you sign | $25,000 | Lower than 82% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 6 | Fewer than 69% of franchises |
How much a South Philly Steaks & Fries franchise costs
Opening one South Philly Steaks & Fries costs an estimated $406,000 to $905,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are building construction ($150,000 to $400,000) and equipment and furnishings ($150,000 to $300,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Franchise Fee | $25,000 | $35,000 | |
| Equipment and Furnishings | $150,000 | $300,000 | |
| Signs | $9,000 | $15,000 | |
| Building Construction | $150,000 | $400,000 | |
| Insurance | $3,000 | $6,000 | |
| Opening Inventory | $5,000 | $10,000 | |
| Utility Deposits | $2,000 | $5,000 | |
| Business Licenses (local health & safety regulation and compliance costs) | $1,000 | $4,000 | |
| Travel, Lodging and Meals for Initial Training | $3,000 | $5,000 | |
| Professional Fees | $20,000 | $50,000 | |
| Additional Funds (three months) | $25,000 | $50,000 | |
| Computer Equipment | $10,000 | $20,000 | |
| Advertising and Marketing | $3,000 | $5,000 | |
| Total | $406,000 | $905,000 |
Source: Everything Yogurt Brands, LLC, 2026 filing, page 17
South Philly Steaks & Fries franchise fee
The franchise fee is $25,000, $35,000 outside the continental United States. You pay it when you sign the franchise agreement.
Source: Everything Yogurt Brands, LLC, 2026 filing, page 13
Royalty and ongoing fees
| Royalty | 5% of gross sales, paid weekly, plus local advertising of 3% of gross sales. |
|---|---|
| Brand or marketing fund | 1% of gross sales, paid weekly; it can rise to 3%. |
| Renewal fee | 50% of the then-current Initial Franchise Fee |
| Local advertising payment | 3% of Gross Sales |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Everything Yogurt Brands, LLC, 2026 filing, page 15
Other fees as filed, from pages 15–16. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures South Philly Steaks & Fries publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average sales
- $1,094,856
- Median sales
- $977,807
Yearly figures for 2025, covering affiliate-owned restaurants (2025). The average is about 1.7 times the midpoint of the cost to open.
Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: Everything Yogurt Brands, LLC, 2026 filing, page 43
SBA loans to South Philly Steaks & Fries franchisees
Lenders approved 2 SBA 7(a) loans for South Philly Steaks & Fries franchisees from 2000 to 2001, $355K in all. All 2 that have ended were paid in full; none was charged off.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
Growth and closures
Share of franchised locations, 2025 / 2023–2025. Typical means the median: half of brands are above it, half below.
| Measure | South Philly Steaks & Fries | Typical sandwich brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | 0% / 0% | 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 South Philly Steaks & Fries compares
Of the 80 sandwich franchises on this site, South Philly Steaks & Fries is the 50th cheapest to open and the 53rd largest by number of locations.
| Figure | South Philly Steaks & Fries | Typical sandwich brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $406K | $321K | $222K |
| Cost to open, high end | $905K | $683K | $477K |
| Franchise fee | $25K | $32K | $40K |
| Royalty | 5% | 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 | 1 (0) | 5 | 0 | 0 |
| 2024 | 1 (0) | 5 | 0 | 0 |
| 2025 | 1 (0) | 5 | 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.
More in the guides: sandwich and sub franchise costs and franchise failure rates.
Source: Everything Yogurt Brands, LLC, 2026 filing, page 44
Where South Philly Steaks & Fries locations are
At the end of 2025, South Philly Steaks & Fries had locations in 6 states. The most are in Louisiana, Nevada and New York.
- Louisiana1
- Nevada1
- New York1
- North Carolina1
- Pennsylvania1
- Virginia1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Louisiana | 1 | 0 | 1 |
| Nevada | 0 | 1 | 1 |
| New York | 0 | 1 | 1 |
| North Carolina | 0 | 1 | 1 |
| Pennsylvania | 0 | 1 | 1 |
| Virginia | 0 | 1 | 1 |
Source: Everything Yogurt Brands, LLC, 2026 filing, page 45
Who owns South Philly Steaks & Fries?
South Philly Steaks & Fries franchises are sold by Everything Yogurt Brands, LLC.
From Everything Yogurt Brands, LLC’s 2026 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on pages 11–12. |
|---|---|
| Bankruptcy | No bankruptcy of the franchisor. It discloses that one of its executives led another company that went through bankruptcy; that case closed in 2017. |
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: Everything Yogurt Brands, LLC, 2026 filing, litigation on pages 11–12, bankruptcy on page 12
South Philly Steaks & Fries filings
The figures on this page come from Everything Yogurt Brands, LLC’s 2026 filing, issued March 23, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | March 23, 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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