- 2024 Franchise 500 Rank
-
#324 Not ranked last year
- Initial investment
-
$644K - $1.2M
- Units as of 2024
-
429 3% 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 in the following US states: Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming |
# of Units | 429 (as of 2024) |
|
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
|
$643,500 - $1,159,090 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$300,000 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
3%-4% |
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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