How many Potbelly Sandwich Works outlets were not renewed in Iowa during 2022?
Potbelly_Sandwich_Works Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers | |---|---|---| | All States | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 | | Total | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 | Table No. 3 Status of Franchised Outlets For years 2022 to 2024
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened | Col. 5 Termina- tions | Col. 6 Non- Renewals | Col. 7 Reacquired by Franchisor | Col. 8 Ceased Opera- tions – Other Reasons | Col.
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 no non-renewals of Potbelly Sandwich Works outlets in Iowa during 2022. The FDD provides a table outlining the status of franchised outlets, including non-renewals, for the past three fiscal years.
Specifically, the table shows that in Iowa during 2022, there were 3 outlets at the start of the year, no outlets opened, no terminations, no non-renewals, no outlets reacquired by the franchisor, no outlets that ceased operations for other reasons, and 3 outlets at the end of the year. This indicates that all Potbelly Sandwich Works franchises in Iowa that were open at the beginning of 2022 remained open and were renewed by the end of the year.
For a prospective franchisee, this data point suggests stability within the Iowa market during that period. However, it is essential to consider this information in the context of overall market trends and the performance of specific locations. While no non-renewals occurred in 2022, future performance may vary, and franchisees should conduct thorough due diligence to assess the long-term viability of a Potbelly Sandwich Works franchise in Iowa.