What days are considered 'Business Days' for Potbelly Sandwich Works, and what determines this?

According to Potbelly Sandwich Works' 2025 Franchise Disclosure Document, a "Business Day" is defined as any day other than a Saturday, Sunday, or any other day on which banking institutions in the State of Illinois are required or authorized by law to be closed. This definition is important for franchisees to understand, as it may impact deadlines or obligations outlined in the franchise agreement.

For a prospective Potbelly Sandwich Works franchisee, this definition clarifies when certain actions or notifications must be completed to be considered timely. For example, if a franchisee has a contractual obligation to respond to a notice within a certain number of days, the weekends and bank holidays are excluded from that calculation, effectively giving them more time to respond.

This definition is fairly standard in franchise agreements and business contracts. It's important for franchisees to be aware of this definition and how it applies to various clauses within their agreements with Potbelly Sandwich Works to ensure compliance and avoid potential penalties or missed opportunities.