How many Potbelly Sandwich Works outlets were sold to franchisees in Ohio during 2023?
Potbelly_Sandwich_Works Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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. 9 Outlets at End of the Year | |---|---|---|---|---|---|---|---|---| | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Tennessee | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Texas | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2024 | 5 | 1 | 0 | 0 | 0 | 0 | 6 | | Utah | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | Virginia | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | Washington | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 11 | 2 | 0 | 0 | 0 | 9 | | | 2024 | 9 | 0 | 0 | 0 | 0 | 0 | 9 | | Totals | 2022 | 46 | 1 | 2 | 0 | 0 | 0 | 45 | | | 2023 | 45 | 38 | 4 | 0 | 0 | 0 | 79 | | | 2024 | 79 | 18 | 2 | 0 | 0 | 0 | 95 | Table No. 4 Status 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.
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, four outlets were sold to franchisees in Ohio during 2023. This information is detailed in Table No. 3, which outlines the status of franchised outlets from 2022 to 2024. The table provides a year-by-year breakdown of outlet activity across different states.
For a prospective franchisee, this indicates that Potbelly Sandwich Works does engage in selling existing company-owned stores to franchisees, which can be a quicker path to ownership compared to opening a new location. In 2023, Ohio saw a moderate level of this activity, with four stores being transferred to franchisee ownership. This could represent an opportunity for those looking to enter the Potbelly Sandwich Works system in Ohio.
It's important to note that while four units were sold to franchisees in Ohio during 2023, the number of outlets at the start of the year was 16, and after the sales, the number of outlets at the end of the year was 12. This suggests that while some stores were sold to franchisees, the total number of Potbelly Sandwich Works locations in Ohio decreased during that year. A prospective franchisee should investigate the reasons behind this decrease and the performance of the transferred stores to better assess the opportunity.