Charleys Again On The Franchise Times Top 400
Iconic Cheesesteak Franchise Ranks High on Annual List
Charleys Philly Steaks has done it again. In recognition of the famed cheesesteak shop’s incredible growth and brand awareness, Charleys Philly Steaks has landed on The Franchise Time’s Top 400 list, one of the most prominent rankings of franchises in the U.S. that’s used by aspiring entrepreneurs everywhere to find out which brands are best bet investments. This year, Charleys Philly Steaks climbed the rankings to take No. 123, an amazing 39 spots better than last year’s ranking.
For years, The Top 400 has been one of the most revered rankings of franchise systems in the U.S., backed by more than 20 years of research. Every year, franchises from all over the country undergo an extensive and comprehensive evaluation of their financials, brand performance, growth trends and a whole host of other factors. That’s why today, The Top 400 remains one of the only objective rankings available for aspiring business owners to look into which franchises are a smart investment in the coming years.
“The Franchise Times Top 400 is an annual ranking of the largest franchise systems in the United States by global systemwide sales, based on the previous year’s performance,” says the Franchise Times ranking methodology. “Our research team spends months compiling information for the rankings, the five-year sales history graphs, Top 10 lists and industry subcategories, and then reconciling to ensure all published data is accurate and all estimates are based on a solid sales formula.”
A Year of Growth and More to Come
In 2023, Charleys Philly Steaks experienced remarkable growth, solidifying a position as a leader in the Quick Service Restaurant (QSR) industry. The expansion was marked by the opening of many new franchise locations, bringing the total number to over 780 franchise locations worldwide. This significant milestone reflects Charleys’ unwavering commitment to excellence, innovation, and customer satisfaction, as well as our strategic efforts to capitalize on emerging market opportunities and adapt to evolving consumer preferences. With each new franchise location, Charleys expands our footprint, bringing our beloved menu of mouthwatering sandwiches and signature flavors to new communities and markets around the globe.
As Charleys continues to expand our presence and reach new milestones, we remain dedicated to delivering exceptional dining experiences and solidifying a position as a beloved household name in the world of fast-casual dining.
Ready to Invest in a Charleys Philly Steaks franchise?
Harness the ongoing demand of the QSR industry with a top rated franchise like Charleys Philly Steaks. Learn more about the Charleys business model, the cost to franchise, and what our franchise owners are saying about their experience by visiting our research pages here.
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