Based out of Dublin, Ohio, Benny's brings authentic cheesesteaks. They try to stay true to the history using lean thin sliced steak, fresh grilled onions and American Cheese. They cook it to order and serve it on Italian bread from Amoroso's Baking Company. The bread is what makes our cheesesteaks famous! You simply cannot make an authentic cheesesteak sandwich without an authentic Philly roll, according to Philadelphians. The roll must be long and thin, not fluffy or soft or too hard. You can add green peppers, mushrooms, sweet peppers, hot peppers or even olives. They'll make it any way you like it. They're sure that once you've tried one, you'll be back for more!
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For more information on owning a Benny's Cheesesteak franchise, please visit the official Benny's Cheesesteak website here.
Franchising Tips and Facts
Can you own another franchise at the same time? Most likely, you will be restricted from purchasing a franchise from a franchisor that would be a direct competitor to a Benny's Cheesesteak franchise. However, you may be allowed to purchase a franchise of another type.
Franchising is a way of doing business. It is a method and marketing tool for companies to expand their market share more rapidly and less expensively. Some companies, which are thought to be franchises, are in fact not franchises. All stores are owned and operated by the company itself Some examples of businesses that are not franchises are: Starbucks, Gap, Victoria's Secret.
According to the Small Business Administration, less than 5% of all franchise units fail each year. This is compared to 30 to 35 percent of small businesses which fail within the first year of operation. However, owning a Benny's Cheesesteak franchise is not a guaranteed recipe for success. You will still have to commit yourself, your time, and perhaps even make some personal sacrifices in order to succeed.
Although the success rate for franchise-owned business is generally better than the success rate for many independent businesses, there is no franchise formula to guarantee victory. The same may also be said of the profits generated. Often the margins you make are a reflection of your ability to properly run your franchise, however you may be able to get a document from the franchisor that illustrates the typical franchise earnings. If the franchisor does not provide such a document, you should contact a number of franchisees in the market you are interested in and seek their advice on the business' profitability.
How much does a Benny's Cheesesteak Franchise cost? Generally the costs associated with buying a franchise can vary considerable, depending on some of the following factors. Some costs that can affect the bottom line are, real estate, inventory, training, marketing, franchise fees, and development costs. The Benny's Cheesesteak UFOC should outline these costs, and give you detailed information on how much it will cost you.
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