- 2024 Franchise 500 Rank
-
#324 Not ranked last year
- Initial investment
-
$595K - $955K
- Units as of 2023
-
427 7% over 3 years
Company Overview
About Potbelly Sandwich Works
Industry | Food |
---|---|
Related Categories | Miscellaneous Sandwiches, Sandwiches, Food: Quick Service |
Founded | 1977 |
Leadership | Bob Wright, CEO |
Corporate Address |
111 N. Canal St., #325 Chicago, IL 60606 |
Social | Facebook, Twitter, LinkedIn, Instagram |
Business Overview
Franchising Since | 2009 (15 years) |
---|---|
# of employees at HQ | 146 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 427 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Potbelly Sandwich Works franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$40,000 |
---|---|
Initial Investment
|
$594,950 - $955,200 |
Net Worth Requirement
|
$1,000,000 |
Cash Requirement
|
$300,000 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
3% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Potbelly Sandwich Works has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 374.5 hours |
---|---|
Classroom Training | 33.5 hours |
Ongoing Support |
Toll-Free Line
Grand Opening
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Potbelly Sandwich Works landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
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