How many Potbelly Sandwich Works outlets were in Michigan at the start of 2022?
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's 2025 Franchise Disclosure Document, there were 30 Potbelly Sandwich Works outlets in Michigan at the start of 2022. The FDD provides a detailed table outlining the number of outlets at the start and end of each year, as well as any changes that occurred during the year, such as openings, closures, or transfers. This information is presented for the years 2022, 2023, and 2024.
For a prospective franchisee, this historical data is valuable in understanding the brand's presence and performance in specific states. It offers insights into market saturation, growth trends, and the stability of existing locations. The table shows that in Michigan, the number of Potbelly Sandwich Works remained consistent at 30 for 2022, indicating a stable market presence during that period.
It is important to note that while the number of outlets remained constant in 2022, the table also shows that in 2023, one outlet closed, reducing the total to 29. In 2024, one outlet opened and one closed, keeping the total at 29. This suggests that while Potbelly Sandwich Works has an established presence in Michigan, there have been some fluctuations in the number of operating stores. A prospective franchisee should investigate the reasons behind these closures and openings to assess the market dynamics and potential risks in the area.