How many Potbelly Sandwich Works outlets opened in Illinois during 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 | 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 was one Potbelly Sandwich Works outlet opened in Illinois during 2024. The table provided in Item 20 of the FDD details outlet openings, closures, and changes across various states. At the start of 2024, there were 108 outlets in Illinois, and by the end of the year, there were 109, with one new outlet opening during that period.
This information is crucial for potential franchisees as it provides insight into the brand's growth and presence in specific markets. Observing the number of openings and closures can indicate the health and potential of the franchise within a particular state. For example, a consistent increase in outlets could signal a strong market, while numerous closures might raise concerns.
It's also important to note that this data reflects company-owned outlets. Franchisees should also consider the projected openings for franchised outlets in the next fiscal year, as shown in a separate table. This forward-looking information can further inform their investment decisions and expectations for growth in specific regions. For Illinois, the FDD projects 3 new franchised outlets in the next fiscal year.
Prospective franchisees should investigate further to understand the reasons behind outlet openings and closures, and how these trends might impact their investment. Understanding the market dynamics in Illinois, and comparing it to other states, can help a franchisee assess the risks and opportunities associated with opening a Potbelly Sandwich Works location.