Philly Connection

Founded: 1980 Franchising 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.

120 Interstate N. Pkwy. East, #112 Atlanta, Georgia 30339-2103

Phone: (800)886-8826/ (770)952-6152

Franchisor has 17 employee(s); 3 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2005	130	0	0	1

Where Seeking Franchisees
In the U.S. Alabama, Florida, Georgia, Indiana, Kentucky, North carolina, New jersey, Ohio, South carolina, Tennessee, Texas, United states

Exclusive territories available.

Total investment: $154K-261.5K Franchise fee: $20K

Ongoing royalty fee: 6% Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	No
Payroll	No	No

Third-party financing source(s): various lenders

Qualifications
Net worth requirement: $140K
Cash liquidity requirement: $50K
Business Experience:

• General business experience

Operations

• 40% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 5
• Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training

• At training facility : 80 hours

Ongoing Support

• Toll-free phone line
• Grand opening
• Field operations/evaluations

Marketing Support

• Co-op advertising
• Ad slicks
• Regional advertising

Franchise 500® rank:
#462 (2006); #425 (2005);