Do I have any rights of first refusal to acquire additional Potbelly Sandwich Works franchises?

According to Potbelly Sandwich Works's 2025 Franchise Disclosure Document, franchisees do not have options, rights of first refusal, or similar rights to acquire additional franchises. This means that even if a franchisee is performing well and wants to expand their business by opening another Potbelly Sandwich Works location, Potbelly Sandwich Works is not obligated to offer them the first opportunity to do so.

Potbelly Sandwich Works retains the right to construct, develop, and operate Potbelly Shops anywhere they want and on any terms and conditions they deem appropriate. They can also grant these rights to others. This gives Potbelly Sandwich Works significant flexibility in managing its growth and market presence.

Furthermore, Potbelly Sandwich Works and its affiliates can engage in any activities that they desire, at any time or place, even if those activities compete with a franchisee's shop. This includes constructing, developing, and operating any types of stores or other foodservice businesses under any trademarks anywhere they want and on any terms and conditions they deem appropriate. This lack of territorial exclusivity and the absence of rights of first refusal are important factors for potential franchisees to consider, as they highlight the competitive landscape and the franchisor's control over expansion.