How many Potbelly Sandwich Works outlets were open in Illinois at the end of 2023?
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 | 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 108 Potbelly Sandwich Works outlets open in Illinois at the end of 2023. At the start of 2023, there were 109 outlets. During 2023, one new Potbelly Sandwich Works location was opened, and two were closed.
This information is valuable for prospective franchisees as it provides insight into the brand's performance and presence in its home state. The data reveals a slight decrease in the number of outlets in Illinois during 2023, which could be due to various factors such as market saturation, underperforming locations, or strategic decisions by Potbelly Sandwich Works.
A prospective franchisee should further investigate the reasons behind the store closures and openings to understand the market dynamics in Illinois. Understanding these trends can help a franchisee assess the potential risks and opportunities associated with opening a Potbelly Sandwich Works location in Illinois or other similar markets.