Charley’s Grilled Subs, home of the world’s best Philly Steak sandwich for more than 24 years, ranked No. 93 in Entrepreneur magazine’s 2012 Franchise 500.
Entrepreneur‘s Franchise 500 is the world’s first, best and most comprehensive franchise ranking based on objective, quantifiable measures of success. The most important factors include financial strength and stability, growth rate and size of the system. Only franchise companies that supply full Franchise Disclosure Documents (FDDs) or Canadian Disclosure Documents and whose information is verified by Entrepreneur can receive a listing.
“For the past decade Charley’s has found itself in the upper rankings of this prestigious list,” said Bob Wright, Chief Operating Officer of Charley’s Grilled Subs. “Last year we opened 38 new locations and this year we opened 46. We believe our constant growth has enabled us to break into the top 100.”
This is the 11th consecutive year that Charley’s has been named to the rankings. Since 2002, Charley’s has found itself just outside of the top 100. Along with that, Charley’s has been named “Best in Category” for 10 of the past 11 years.
“Franchises are a great avenue to business ownership for those with the entrepreneurial spirit—and they’re playing a definitive role in driving the economy upward,” says Amy Cosper, VP and editor-in-chief of Entrepreneur. “Unit numbers from the Franchise 500 grew overall in 2010 and 2011, giving individuals a great place to begin investigating some of the brightest opportunities.”
Charley’s has continued to outpace competitors by offering only 100 percent USDA choice steak, all-natural cheeses, fresh produce and bread as well as gourmet cheese fries, lemonade, fresh salads and sub sandwiches – all made-to-order. While consumers flock to Charley’s when it opens a new restaurant, the company is also attracting a record number of franchise inquiries from entrepreneurs who want to be associated with the “it” restaurant brand.
“We’re dedicated to delivering the best experience to each customer on every visit,” said Wright. “It’s an honor to be recognized in the top 100 for all our hard work and commitment.”
To learn more about Charley’s Grilled Subs and Entrepreneur’s Franchise 500, please click here.