How many Potbelly Sandwich Works outlets were in Maryland at the end of 2024?
Potbelly_Sandwich_Works Franchise · 2025 FDDAnswer from 2025 FDD Document
tus of Company-Owned Outlets For years 2022 to 2024
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of the Year | Col. 4 Outlets Opened | Col. 5 Outlets Reacquired From Franchisee | Col. 6 Outlets Closed | Col. 7 Outlets Sold to Franchisee | Col. 8 Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Arizona | 2022 | 10 | 0 | 0 | 0 | 0 | 10 |
| 2023 | 10 | 0 | 0 | 0 | 0 | 10 | |
| 2024 | 10 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 70–78)
What This Means (2025 FDD)
According to Potbelly Sandwich Works' 2025 Franchise Disclosure Document, there were 13 Potbelly Sandwich Works outlets in Maryland at the end of 2024. The FDD provides a table that tracks the number of outlets by state over the previous three years. This table shows the changes in the number of Potbelly Sandwich Works locations due to openings, closures, re acquisitions, and sales.
Specifically for Maryland, the table indicates that in 2022, there were 27 outlets at the start of the year, which decreased to 26 by the end of the year. In 2023, the number started at 26 and further decreased to 13 by the end of the year, with 12 outlets being sold to a franchisee. However, in 2024, the number of outlets remained stable at 13 throughout the year.
Additionally, the FDD includes a projection of one new franchised Potbelly Sandwich Works outlet to open in Maryland in the next fiscal year. This information is valuable for prospective franchisees as it provides insight into the brand's performance and growth trends in specific geographic areas. It also helps in understanding the dynamics of outlet openings, closures, and transfers within the Potbelly Sandwich Works system.