How many Potbelly Sandwich Works outlets opened in Maryland during 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 |
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 12 outlets opened in Maryland during 2023. The FDD provides a detailed overview of outlet activity, including openings, closures, and transfers, offering prospective franchisees insights into the brand's growth and stability within specific markets. This data helps potential franchisees assess the brand's performance and market penetration in Maryland.
However, it is important to note that while 12 outlets opened in Maryland during 2023, the net change in the number of outlets was -13. This is because there were 1 outlet closure and 12 outlets sold to franchisees. This information is crucial for understanding the dynamics of the Potbelly Sandwich Works market in Maryland.
Reviewing the complete table in Item 20 of the FDD, prospective franchisees can gain a deeper understanding of Potbelly Sandwich Works's performance across different states and years. This comprehensive overview enables them to make informed decisions based on historical data and trends. Understanding the reasons behind outlet closures or transfers, as well as the factors driving new openings, is essential for evaluating the overall health and potential of a Potbelly Sandwich Works franchise in a specific region.