How much did Potbelly Sandwich Works spend on purchases of property and equipment in 2023?
Potbelly_Sandwich_Works Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Cash flows from investing activities: | |||
| Purchases of property and equipment | (19,284) | (17,053) | (8,426) |
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's spending on purchases of property and equipment in 2023 totaled $17,053.
This figure reflects the capital expenditures Potbelly Sandwich Works made during that year to acquire or upgrade physical assets necessary for its operations. These assets could include a range of items, such as kitchen equipment, furniture, fixtures, and computer systems. Understanding this investment level can provide insights into the company's growth strategy and its commitment to maintaining and improving its infrastructure.
For a prospective franchisee, this information is valuable as it offers a glimpse into the financial management and investment patterns of Potbelly Sandwich Works. While this number reflects the company's overall investment, franchisees should also consider the initial and ongoing investment required to set up and maintain their own Potbelly Sandwich Works location, as detailed in other sections of the FDD. It is important to note that the franchisee's expenses may vary depending on location, store size, and specific equipment needs.