How much interest was paid by Potbelly Sandwich Works in 2023?
Potbelly_Sandwich_Works Franchise · 2025 FDDAnswer from 2025 FDD Document
| Income taxes paid | 784 | 278 | 139 |
|---|---|---|---|
| Interest paid | 715 | 3,483 | 936 |
Source: Item 23 — RECEIPTS (FDD pages 79–355)
What This Means (2025 FDD)
According to Potbelly Sandwich Works's 2025 Franchise Disclosure Document, the company paid $3,483 in interest during 2023. This figure is part of the supplemental cash flow information provided in the document. Reviewing interest paid is a standard part of assessing a company's financial health, as it indicates the cost of borrowing and the level of debt the company carries.
For a prospective franchisee, understanding the franchisor's interest payments can offer insights into the financial stability and debt management practices of Potbelly Sandwich Works. High-interest payments might suggest a heavy debt burden, which could impact the franchisor's ability to support its franchisees or invest in the brand. Conversely, lower interest payments could indicate better financial management and stability.
It is important to note that interest paid is just one aspect of a company's overall financial picture. A prospective franchisee should consider this figure in conjunction with other financial metrics, such as revenue, net income, and cash flow, to gain a comprehensive understanding of Potbelly Sandwich Works's financial health. Consulting with a financial advisor is recommended to fully assess the implications of these figures.