How many Potbelly Sandwich Works outlets were operating in Michigan at the start 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 |
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 operating in Michigan at the start of 2023. This information is based on the data compiled as of December 31 of each year. By the end of 2023, the number of outlets decreased to 29, with one outlet having closed during the year.
For a prospective franchisee, this data indicates the existing market presence and potential for growth or contraction in Michigan. It's important to note that while there was a slight decrease in the number of outlets in 2023, the number remained relatively stable. This could reflect market saturation, changing consumer preferences, or other local economic factors that a franchisee should investigate further.
It is also worth noting that in 2024, Potbelly Sandwich Works opened one new location and closed one location, keeping the total number of locations in Michigan at 29. Reviewing this historical data helps potential franchisees understand the dynamics of the Potbelly Sandwich Works market in Michigan and assess the risks and opportunities associated with opening a franchise in that state.