Potbelly Sandwich Shop

Potbelly Sandwich Shop

Toasted sandwiches
Find out what franchise is right for you
2021 Franchise 500 Rank
N/R Ranked #131 last year
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Initial investment
$535K - $874K
Units as of 2019
488 15.4% over 3 years

Company Overview

About Potbelly Sandwich Shop

Industry
Food
Related Categories
Sandwiches
Founded
1977
Leadership
Robin Wright, CEO
Ticker Symbol
PBPB

Franchising Overview

Franchising Since
2009 (12 years)
# of employees at HQ
100
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
488 (as of 2019)

Franchisor Information

Corporate Address
111 N. Canal St., #850
Chicago, IL 60606

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Potbelly Sandwich Shop 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
$534,950 - $874,000
Net Worth Requirement
$500,000
Cash Requirement
$200,000
Royalty Fee
6%
Ad Royalty Fee
to 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 Shop has relationships with third-party sources which offer financing to cover the following: franchise fee, 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
355 hours
Classroom Training
80 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
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 Shop landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021