How many franchised Potbelly Sandwich Works outlets were at the end of 2022?
Potbelly_Sandwich_Works Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 46 | 45 | -1 |
| 2023 | 45 | 79 | +34 | |
| 2024 | 79 | 95 | +16 | |
| Column 1 Outlet Type | Column 2 Year | Column 3 Outlets at the Start of the Year | Column 4 Outlets at the End of the Year | Column 5 Net Change |
| --- | --- | --- | --- | --- |
| Company- Owned | 2022 | 397 | 384 | -13 |
| 2023 | 384 | 345 | -39 | |
| 2024 | 345 | 346 | +1 | |
| Total Outlets | 2022 | 443 | 429 | -14 |
| 2023 | 429 | 424 | -5 | |
| 2024 | 424 | 441 | +17 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 70–78)
What This Means (2025 FDD)
According to Potbelly Sandwich Works's 2025 Franchise Disclosure Document, there were 45 franchised outlets at the end of 2022. The FDD provides a table summarizing the status of franchised outlets from 2022 to 2024. This table shows the number of franchised outlets at the start and end of each year, as well as the net change in the number of outlets.
For a prospective franchisee, this information is useful in understanding the recent growth and changes within the Potbelly Sandwich Works franchise system. The decrease of one franchised location during 2022 indicates that there were more closures than openings.
It's important to note that this data reflects past performance and may not be indicative of future results. However, it provides a snapshot of the franchise's recent history, which can be a valuable piece of information for potential franchisees when evaluating the opportunity.