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Home > Franchises > Philly Connection
Philly Connection
A franchisee is a powerful and effective process that includes the marketing, sale and distribution of products as well as services. Experience of the franchisor and the goodwill of the brand are the vital attributes of a successful franchisee. The franchisor licenses the trademarks and techniques of doing business and performs the distribution of products or services through his associated dealers.
Philly Connection is one of the famous organizations that provide quick service in restaurant specializing in cheesesteak sandwiches. Philly Connection established in 1980 in Atlanta, Georgia. They started franchising service since 1987. Ever since its first store opened in Atlanta, Georgia, in 1984, Philly Connection has been selling Philadelphia cheesesteak and other specialty sandwiches. Franchisees also have the option of serving ice cream cones, sundaes, shakes and malts by adding on a Philly Connection Ice Cream parlor to their restaurants.
The idea of the Philly Franchising Company is to estimate the applicant's candidacy to become a potential Philly Connection Franchisee. The initial 10 year Franchise Agreement fee is $20,000. The Philly Franchising Company will work with you during the complete process of site selection, lease negotiations, design and construction. The Franchisor does not offer direct financing.
Qualified potential franchisees as Philly Connection Franchisees may be able to obtain a loan from a third party financial institution. The loan amount may differ in respect with the applicant's credit history, the liquid assets value of the applicant, as well as the cash amount used by the qualified prospective franchisee as its direct contribution to the total investment in the franchise.
The cost and fees include total investment of $154000 to $261500, franchise fee is $20000, ongoing royalty fee is 6 percent and Term of agreement is 10 years, renewable, renewal fee is $5000. The company’s ranking in Franchise 500 is 462 in 2006, 425 in 2005, 426 in 2004, and 225 in 2003 according to Entrepreneur magazine 2002-2006. Philly Connection tries to keep the high quality or standard quality of food. The Philly Franchising Company establishes advertising and marketing programs on national, regional and local levels. Their main focus is on developing their concepts with intergradient, expanding menu etc.
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