Lenny's Sub Shop Recognized by Entrepreneur Magazine
Franchise Gets Nods in Franchise 500 and Fastest Growing Franchises Lists
January 22, 2008 // Franchising.com // Memphis, TN – Lenny's Franchisor, LLC, franchisor of Lenny's Sub Shops, today announced that it has been ranked for the first time in two notable franchise lists published by Entrepreneur. For the first time, the growing company placed in the top 200 among franchises judged in the Franchise 500. Coming in at #191, Lenny's has proved to be a franchise to watch and has become a big name in the QSR industry. In addition, Lenny's was ranked #98 in the Fastest Growing Franchises list, also published by Entrepreneur.
Since Alvord and a group of investors took over Lenny's in 2004, the company has more than tripled in number of restaurants. In addition, the once regional chain now has a national presence that includes restaurants open and in development in 21 states. The future looks bright for Lenny's – in addition to the 153 restaurants open as of today, there are hundreds more scheduled to open in the next few years.
"Entrepreneur has recognized Lenny's for what many people already know – our commitment to more food, more taste, and more personality," said George Alvord, CEO of Lenny's Franchisor. "Our tremendous franchisee base and our dedicated team at the corporate office have all worked very hard, and it is paying off. We also have to thank our loyal guests, who make this all possible."