Experts say franchisees watch average unit volume closely, and. Want to learn more about the prospects of this sandwich chain?. Potbelly uses the initial franchise fee to cover, among other things, the costs of evaluating your proposed site, providing the initial training program, and helping. $564,050 Keeping costs in line; And much more to help you manage and understand your business. CHICAGO, May 04, 2023 (GLOBE NEWSWIRE) -- Potbelly Corporation pre-opening costs, restructuring costs, loss on Franchise Growth Acceleration Initiative activities and impairment,. Initial Franchise Fee: $40,000 Total Investment: $534,950 to $817,700. Potbelly Franchise CostGet-togethers should be fun, not stressful! With Potbelly Catering, youve got one less thing on your plate (except for toasty sandwiches, of course). Potbelly is also working toward annual unit volumes of $1. Adjusted net income 1 attributable to Potbelly Corporation was $0. Fun Environment Grow your business with a brand. CHICAGO, Dec. GAAP net loss attributable to. Well provide you the tools and resources to support your goals and ambitions. The estimated investment required to open a Potbelly Sandwich Shop Franchise is between $534,950-$874,000. How much does it cost to open a Potbelly Franchise? To start operating this sandwich chain, you’ll need a liquid capital of $200,000 and a net worth of $500,000. Section II – Estimated Costs Please click herefor detailed estimates of Potbelly. EBITDA 1 increased significantly to ($6. The initial purchase price of any franchised business includes several fees. As for capital, each Potbelly franchisee – alone, or with a partner – must have: • Minimum net worth of $500K per location • $250K in non-borrowed liquid assets Get More Info More of the Potbelly Difference Flexible Footprint Strong AUVs Great Food Fun Environment. Join Potbelly Perks and get 1 free Original sandwich after your first order of $5 of more. Potbelly Franchise Cost Regarding joining Potbelly’s franchise program, the cost is one of the primary considerations or requirements. Complete and submit the Get Started. Working Capital: $10,000 to $25,570. Franchise Potbelly Sandwich Shop; Updated 10 september 2020. The total investment is an estimated $150,050 - $328,700 in the United States and $102,000 to $234,000 in Canada. Top 10 Healthy Food Franchises Over 50 Units. May 4, 2023 at 4:05 PM · 16 min read. 30 new shop agreements year-to-date, signaling momentum in Franchise Growth Acceleration Initiative. EBITDA 1 increased significantly to $2. Performance metrics included quarterly revenue was $118. Potbelly Boasts Robust Franchisee Support Infrastructure. For the full year 2023, our outlook remains unchanged for. Initial investments: $503,950 - $849,000 Net-worth Requirement: $500,000 Liquid Cash Requirement: $200,000 Ongoing Fees Initial Franchise Fee: $40,000 Ongoing Royalty Fee: 6% Ad Royalty Fee: to 4% Support Options. Potbelly reported that average weekly store sales were up to about $23,800 last quarter, up from less than $19,500 the year prior. Initial Franchise Fees $25 ,000 $ 30,000 Deposit for Second Location $ 0 $ 12,500 Initial Application and Document Preparation Fee $ 750 $ 750 Site Selection Assistance $ 0 $. com%2ffranchise%2fpotbelly%2f/RK=2/RS=1gtA3K2t5hHakgYvUV_RRgX0ClY- referrerpolicy=origin target=_blank>See full list on mobile-cuisine. Potbelly Corporation Reports Strong Results for First Fiscal >Potbelly Corporation Reports Strong Results for First Fiscal. As part of the Franchise Growth Acceleration Initiative, Potbelly plans to reach 2,000 shops with at least 85% of those being franchised shops over the next 10 years. So you want to own a Potbelly?. There is an initial franchise fee of $40,000 which grants you the license to run a business under the Potbelly Sandwich Shop name. This month, Potbelly is baking up two springtime flavors into one delicious treat – the Lemon Cheesecake Cookie. Potbelly Corporation Reports Strong Results for First. 09 compared to an adjusted diluted EPS1loss of ($0. Making a celebrated seasonal return to the neighborhood sandwich shop’s cookie lineup, the Lemon Cheesecake has become a must-have for the brand’s legion of devotees. Potbelly Sandwich Works has an initial franchise fee of up to $40,000, with a overall upfront investment range from $534,950 to $817,700. /franchising-investment. form to let us know you are interested. The Complete Cost to Open a Potbelly Franchise: (Fees. Potbelly Sandwich Shop has the franchise fee of up to $40,000, with total initial investment range of $503,950 - $849,000. Opening a Potbelly franchise can set you back about $564,000 Instagram Per the Potbelly Sandwich Shop website, franchise owners would have to make an initial investment that falls between $564,050-$782,700, which is broken down among several fees that are needed for things like construction and food. Potbelly Sandwich Works Franchise Company>Purchase an Established Potbelly Sandwich Works Franchise Company. Shop level margins for the quarter grew to 12%, a 700. Potbelly getting traction on its latest turnaround effort>Potbelly getting traction on its latest turnaround effort. What Does a Potbelly Sandwich Shop Franchise Cost? To buy a franchise with Potbelly Sandwich Shop, youll need to have at least liquid capital of $0. Potbelly CEO charts ambitious expansion of sandwich chain. Individual Unit Costs Initial Investment: $534,950-$874,000 Initial Franchise Fee: $40,000 Royalty Fee: 6% Advertising Fee: Up to 4% Click here to compare with franchises similar to Potbelly Sandwich Shop. Potbelly: The New Franchise Opportunity. Total Estimated Initial Investment (excluding real estate lease / acquisition costs) $564,050 -. They also offer a discount for veterans ( 35% off Franchise Fee ). Potbelly, the iconic neighborhood sandwich shop known for its toasty sandwiches, has reached record-high average unit volumes of $1. Potbelly reported that average weekly store sales were up to about $23,800 last quarter, up from less than $19,500 the year prior. Potbelly Corporation Reports Strong Results for First Fiscal. Start-Up Costs and Fees Mobile: Investment: Subway Franchise: $139,550 - $342,400: Potbelly Sandwich Shop Franchise: $534,950 - $874,000: Franchise Fee: Subway Franchise. How much does it cost to open a Potbelly Franchise? To start operating this sandwich chain, you’ll need a liquid capital of $200,000. 2% same-store sales growth and AUVs of $23,881, driven mostly by traffic 30 new shop agreements year-to-date, signaling momentum in Franchise Growth Acceleration. For the Quarter Ended March 26, March 27, 2023 2022 Net loss attributable to Potbelly Corporation, as reported $ (1,327) $ (7,913) Impairment, loss on disposal of property and equipment and shop. Potbelly CEO charts ambitious expansion of sandwich chain / Crains Chicago Business Home Restaurants April 13, 2022 06:30 AM Potbelly plans ambitious expansion that would quintuple sandwich. 05, 2022 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) (“Potbelly” or the “Company”) announced today it is successfully continuing to build upon its Franchise Growth. 0% The initial purchase price of any franchised business includes several fees. Potbelly is also working toward annual unit volumes of $1. Company-operated comparable store sales or same-store traffic – represents the change in year-over-year sales or transactions for the comparable company-operated store base open for 15 months or. Potbelly Corporation Reports Results for First Fiscal Quarter. Potbelly getting traction on its latest turnaround effort. 2014 average gross sales, net sales, total cost of sales, gross profit, total labor, other operating expenses, occupancy expenses, and shop profits for the 249 affiliate-owned Potbelly Sandwich Shops (excluding airport locations) that were open for at least 15 months as of the end of December 2014. Fun Environment Grow your business with a brand you can really get behind. According to data from Allied Market Research, the market for fast-casual fare is expected to hit $209. Franchise Accelerated Growth Initiative. Potbelly: The New Franchise Opportunity Greg Macchia 14 subscribers Subscribe 0 Share No views 58 seconds ago #franchiseinvestment #franchiseleadership #franchisebusinessmodel Potbelly. Potbelly CEO charts ambitious expansion of sandwich chain / Crains Chicago Business Home Restaurants April 13, 2022 06:30 AM Potbelly plans ambitious expansion that would quintuple sandwich. 2% and adjusted EBITDA between $6. experience Sign the Potbelly Franchise agreement and start looking for your perfect shop Attend the design and construction workshop Get trained on all things Potbelly Build your shop and hire your team Old School Shops Mall Shops Drive-thru Shops Strip Mall shops Opportunities in over 90 cities See available areas. read more Fast Casual Marketing & Promotions. Potbelly Sandwich Shop Aims for Continual Franchise Growth Chicago-based Potbelly Sandwich Shop continues to post growth as the chain focuses on expansion of its franchise markets. Section III - Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees. About Potbelly Sandwich Shop From its humble beginnings as a small antique store on Chicagos North Side, Potbelly has grown from one to more than 200 shops serving neighborhoods in. Jimmy Johns Gourmet Sandwich Shops Franchise. The estimated investment required to open a Potbelly Sandwich Shop Franchise is between $534,950-$874,000. Potbelly is a brand with fans, and that makes all the difference. 8K Salaries 145 Interviews 175 Benefits 21 Photos 325 Diversity + Add a Review Potbelly Sandwich Works Reviews Updated May 3, 2023 Find Reviews Clear All Full-time, Part-time English Filter Found 1,292 of over 1K reviews Sort Popular Popular Most Recent Highest Rating. What Does a Potbelly Sandwich Shop Franchise Cost? To buy a franchise with Potbelly Sandwich Shop, youll need to have at least liquid capital of $0. Potbelly Corporation Reports Strong Results for First>Potbelly Corporation Reports Strong Results for First. Our training program is extensive and includes both classroom instruction and on-the-job training. Potbelly Franchise Cost Regarding joining Potbelly’s franchise program, the cost is one of the primary considerations or requirements. Development Fee: $40,000 for the first Shop, plus a deposit of $20,000 for each additional Shop. Plus earn points towards free food and more. We expect momentum to continue in the second quarter with average unit volumes to range between $25,250 to $25,750, same-store sales of between 10. 9 million compared to EBITDA1of $1. Our goal is to make you as successful as possible. Potbelly Sandwich Works, LLC. There’s a whole range of cost details included here. We are friendly, hard working people serving up simple, high quality food, made fast, as a surprisingly reasonable price. Start a Potbelly Sandwich Shop Franchise, 2023 Costs & Fees. As for capital, each Potbelly franchisee – alone, or with a partner – must have: • Minimum net worth of $500K per location • $250K in non-borrowed liquid assets Get More Info More of the Potbelly Difference Flexible Footprint Strong AUVs Great Food Fun Environment. Opening a Potbelly franchise can set you back about $564,000 Instagram Per the Potbelly Sandwich Shop website, franchise owners would have to make an initial investment that falls between $564,050-$782,700, which is broken down among several fees that are needed for things like construction and food. 6 million compared to an adjusted net loss1of ($1. Franchise Potbelly Sandwich Shop; Updated 10 september 2020. Potbelly uses the initial franchise fee to cover, among other things, the costs of evaluating your proposed site, providing the initial training program, and helping you develop and. The problem with franchising for Potbelly is the cost. CHICAGO, May 04, 2023 (GLOBE NEWSWIRE) -- Potbelly Corporation pre-opening costs, restructuring costs, loss on Franchise Growth Acceleration Initiative activities and impairment,. According to data from Allied Market Research, the market for fast-casual fare is expected to hit $209. The brand is continuing to grow with no signs of slowing down, evident in the opening of 59 restaurants and signing of 129 franchise agreements in 2018. 2% driven by strength in traffic and. Adjusted net income 1 attributable to Potbelly Corporation was $0. What Does a Potbelly Sandwich Shop Franchise Cost? To buy a franchise with Potbelly Sandwich Shop, youll need to have at least liquid capital of $0. How much does an Potbelly Sandwich Works business cost to open? Potbelly Sandwich Works has an initial franchise fee of up to $40,000, with a overall upfront investment range from $534,950 to $817,700. Franchise fee: $40,000 Royalty fee: 6% Minimum Cash: $200,000 Net Worth: $500,000 Training and Support Hey, if youre successful, then were successful. We expect momentum to continue in the second quarter with average unit volumes to range between $25,250 to $25,750, same-store sales of between 10. Who is the Owner of Potbelly?. The Skinny on Potbelly If you are an entrepreneur considering investment in a fast casual, like the Potbelly franchise, let’s examine the brand. 3 million, and during October achieved weekly AUVs that could translate into that amount, Wright said. Attend “Discovery Day” at the Potbelly Support Center in Chicago. Performance metrics included quarterly revenue was $118. The estimated initial investment excluding real estate lease or acquisition costs is around $564,050 to $782,700. 4) million compared to an adjusted net loss 1 of ($46. /franchising-investment. Initial Franchise Fee $40,000 Initial Investment $594,950 - $955,200 Net Worth Requirement $500,000 Cash Requirement $250,000 Royalty Fee 6% Ad Royalty. Adjusted net income1attributable to Potbelly Corporation was $2. How much does an Potbelly Sandwich Works business cost to open? Potbelly Sandwich Works has an initial franchise fee of up to $40,000, with a overall upfront investment. The total investment is an estimated $150,050 - $328,700 in the United States and $102,000 to $234,000 in Canada. Penn Station East Coast Subs has a franchise fee of up to $25,000, with a overall upfront investment range from $383,844 to $613,764. Potbelly CEO charts ambitious expansion of sandwich chain / Crains Chicago Business Home Restaurants April 13, 2022 06:30 AM Potbelly plans ambitious expansion that would quintuple sandwich. 6 million compared to an adjusted net loss 1 of ($4. Company Overviews About Quiznos. We know what works and what doesnt, so we can support you as you accelerate your knowledge base so you can move your business forward. 2% driven by strength in traffic and digital. Potbelly is also working toward annual unit volumes of $1. Potbelly Sandwich Shop has the franchise fee of up to $40,000, with total initial investment range of $503,950 - $849,000. Franchise Potbelly Sandwich Shop. experience Sign the Potbelly Franchise agreement and start looking for your perfect shop Attend the design and construction workshop Get trained on all things Potbelly Build your shop and hire your team Old School. /franchising-why-potbelly. For the Quarter Ended March 26, March 27, 2023 2022 Net loss attributable to Potbelly Corporation, as reported $ (1,327) $ (7,913) Impairment, loss on disposal of property and equipment and shop. com/_ylt=AwriqWOKGltkJz0SloxXNyoA;_ylu=Y29sbwNiZjEEcG9zAzMEdnRpZAMEc2VjA3Ny/RV=2/RE=1683720971/RO=10/RU=https%3a%2f%2fmobile-cuisine. /franchising-why-potbelly. Inside Potbelly’s Plans for Massive Growth. 10 hours ago · This month, Potbelly is baking up two springtime flavors into one delicious treat – the Lemon Cheesecake Cookie. As a result, we support our franchisees with an amazing amount of training tools and services. Potbelly Sandwich Works Engaged Employer Overview 1. As part of the Franchise Growth Acceleration Initiative announced in March 2022, Potbelly plans to reach 2,000 units with at least 85% of those being franchised shops over the next 10 years. How much does it cost to open a Potbelly Franchise? To start operating this sandwich chain, youll need a liquid capital of $200,000 and a net worth of $500,000. Quiznos vs Potbelly Sandwich Shop Franchise Comparison Below is an in-depth analysis and side-by-side comparison of Quiznos vs Potbelly Sandwich Shop including start-up costs and fees, business experience requirements, training & support and financing options. Potbelly Sandwich Shop>Potbelly Sandwich Shop. May 4, 2023 at 4:05 PM · 16 min read. There is an initial franchise fee of $40,000. Potbelly Franchise Cost Regarding joining Potbellys franchise program, the cost is one of the primary considerations or requirements. 16 million for the 2022 fiscal year, according to its Q3 earnings release. Potbelly Corporation Reports Results for Fourth Fiscal. We’ll provide you the tools and resources to support your goals and ambitions. #8 in Franchise 500 for 2020. Franchise fee: $40,000 Royalty fee: 6% Minimum Cash: $200,000 Net Worth: $500,000 Training and Support Hey, if youre successful, then were successful. Section II – Estimated Costs. Veteran Incentives $10,000 off franchise fee About Potbelly Sandwich Shop From its humble beginnings as a small antique store on Chicagos North Side, Potbelly has grown from one to more than 200 shops serving neighborhoods in 12 states. Potbelly Sandwich Works has an initial franchise fee of up to $40,000, with a overall upfront investment range from $534,950 to $817,700. /franchising-why-potbelly. 2% and adjusted EBITDA between $6. For more information, please visit our website at www. Potbelly Franchise: 2023 Cost, Fees & Profit. What Does a Potbelly Sandwich Shop Franchise Cost? To buy a franchise with Potbelly Sandwich Shop, youll need to have at least liquid capital of $0. The FDD will be made available to you by PDF. To open a Potbelly franchise, you’ll need a passion for great food, people skills, and about $565,000+ including a $40,000 franchise fee. Potbelly: The New Franchise Opportunity Greg Macchia 14 subscribers Subscribe 0 Share No views 58 seconds ago #franchiseinvestment #franchiseleadership #franchisebusinessmodel Potbelly. Purchase an Established Potbelly Sandwich Works Franchise Company. How much does a potbelly franchise cost? Potbelly requires a franchise fee of up to $40,000, with a total investment of $534,950-$874,000. 02 compared to an adjusted diluted. Development Fee $40,000 for the first Shop, plus a deposit of $20,000 for each additional Shop. Potbelly Sandwich Shop Franchise Information: 2021 Cost, Fees >Potbelly Sandwich Shop Franchise Information: 2021 Cost, Fees. As for capital, each Potbelly franchisee – alone, or with a partner – must have: • Minimum net worth of $500K per location • $250K in non-borrowed liquid assets Get More Info More of the Potbelly Difference Flexible Footprint Strong AUVs Great Food Fun Environment. Franchise royalties and fees consist of an initial franchise fee, a franchise development agreement fee and royalty income from the franchisee. Which Wich vs Potbelly Sandwich Shop Franchise Cost >Which Wich vs Potbelly Sandwich Shop Franchise Cost. Whether you’re looking to franchise in the United States, Canada, or any of our other international locations, there’s a. Adjusted diluted EPS1was a loss of ($0. This month, Potbelly is baking up two springtime flavors into one delicious treat - the Lemon Cheesecake Cookie. Making a celebrated seasonal return to the neighborhood sandwich shops cookie lineup, the Lemon Cheesecake has become a must-have for the brands legion of devotees. The estimated investment required to open a Potbelly Sandwich Shop Franchise is between $534,950-$874,000. 30 new shop agreements year-to-date, signaling. Potbelly Corporation Reports Strong Results for First Fiscal …. Vitality Bowls Unit count: 50-plus locations nationwide Investment range: $180,000 – $300,000. Beyond the in-shop freebies for the neighborhood heroes, Potbelly will be surprising nurses and teachers by dropping off treats for them at nearby schools, hospitals and medical centers in select Potbelly markets. Beyond the in-shop freebies for the neighborhood heroes, Potbelly will be surprising nurses and teachers by dropping off treats for them at nearby schools, hospitals and medical centers in select Potbelly markets. Get a free sandwich Join Potbelly Perks and get 1 free Original sandwich after your first order of $5 of more. 269 on Entrepreneur’s 2018 Franchise 500 list. Just 8 Simple Steps. The following definitions apply to these terms as used throughout this press release: Revenues – represents net company-operated sandwich shop sales and our franchise operations. 7) million compared to an EBITDA 1 loss of ($51. The company expects to reach AUVs of $1. Subway vs Potbelly Sandwich Shop Franchise Comparison. Potbelly Sandwich Shop ranked No. Potbelly Corporation Reports Results for First Fiscal Quarter 2021. Section II - Estimated Costs Please click herefor detailed estimates of Potbelly Sandwich Shop franchise costs, based on Item 7 of the companys 2019 FDD. Total Estimated Initial Investment (excluding real estate lease / acquisition costs) $564,050 -. 700 cal Start Order Oatmeal Chocolate Chip Cookie 420 cal Start Order YEP, WE DELIVER CATERING TOO We offer delivery and set-up on catering orders. The average investment range for Potbelly is $534,950 to $874,000 with a franchise fee of $40,000. Quiznos vs Potbelly Sandwich Shop Franchise Comparison Below is an in-depth analysis and side-by-side comparison of Quiznos vs Potbelly Sandwich Shop including start-up costs and fees, business experience requirements, training & support and financing options. 52) compared to an adjusted diluted EPS 1 loss of ($1. Potbelly uses the initial franchise fee to cover, among other things, the costs of evaluating your proposed site, providing the initial training program, and helping you develop and open your Shop. Potbelly Drives Franchise Momentum through End of Year with. Key highlights for the quarter ended March 26, 2023, compared to March 27, 2022: Total revenues increased by 20% to $118. “It is the ultimate combination of tart and sweet. Potbelly Sandwich Shop has the franchise fee of up to $40,000, with total initial investment range of $503,950 - $849,000. Go on a “Day in the Life” in-shop. Adjusted net loss 1 attributable to Potbelly Corporation was ($14. Initial investments: $503,950 - $849,000 Net-worth Requirement: $500,000 Liquid Cash. Potbelly Sandwich Works, LLC 22. Sign the Potbelly Franchise agreement and start looking for your perfect shop. Where Does Potbelly Go From Here? (NASDAQ:PBPB). There’s a whole range of cost details included here. Heating up - legacy. Potbelly Franchise Accelerated Growth Initiative Earlier in 2022, Potbelly announced its Franchise Accelerated Growth Initiative. These totals include the following amounts that must be paid to the franchisor or their affiliates: an initial franchise fee of $20,000; the fee for a mural ranges from $3,000 to $4,600; and the MIS System Fee ranges from $0 to $1,200. Capriotti’s Capriotti’s is an award-winning shop that’s won a Top 50 Franchises award. Check out this franchise opportunity to better understand the specific costs required to buy an Potbelly Sandwich Works, such as. Adjusted net income1attributable to Potbelly Corporation was $2. Making a celebrated seasonal return to the. For the full year 2023, our outlook remains unchanged for record-level AUVs, same-store sales. What Does a Potbelly Sandwich Shop Franchise Cost? To buy a franchise with Potbelly Sandwich Shop, youll need to have at least liquid capital of $0. The Complete Cost to Open a Potbelly Franchise: …. Franchise Accelerated Growth Initiative. Potbelly Franchise Cost Regarding joining Potbelly’s franchise program, the cost is one of the primary considerations or requirements. 7 million, driven predominantly by COVID-19 related impacts, which significantly impacted the overall business. News and information presented in this release has not been corroborated by WTWH Media LLC. For the Quarter Ended March 26, March 27, 2023 2022 Net loss attributable to Potbelly Corporation, as reported $ (1,327) $ (7,913) Impairment, loss on disposal of property and equipment and shop. EBITDA1 increased significantly to $5. Franchise Potbelly Sandwich Shop. If you are an entrepreneur considering investment in a fast casual, like the Potbelly franchise, let’s examine the brand. Key highlights for the quarter ended March 26, 2023, compared to March 27, 2022: Total revenues increased by 20% to $118. Opening a Potbelly franchise can set you back about $564,000 Instagram Per the Potbelly Sandwich Shop website, franchise owners would have to make an initial investment that falls between $564,050-$782,700, which is broken down among several fees that are needed for things like construction and food. Initial Franchise Fee $40,000 Initial Investment $594,950 - $955,200 Net Worth Requirement $500,000 Cash Requirement $250,000 Royalty Fee 6% Ad Royalty Fee 4% Term of Agreement 10 years Is. Veteran Incentives Franchise fee waived if opening on a military/government location; 50% off franchise fee if opening on non-government location but receiving government financing #2 on Canadas top franchises 2020. 1MM and an impressive sales to investment ratio. The Skinny on Potbelly If you are an entrepreneur considering investment in a fast casual, like the Potbelly franchise, let’s examine the brand. Total Investment: $383,844 to $613,764. Own Your Own Potbelly Available Areas Investment Get Started Investment Example (Non Drive-Thru Shop) Our Franchise Disclosure Document (FDD) is available to qualified prospects only by email link to our secure website when we have provided a password. The upfront purchase price of any franchise opportunity includes many fees. Beyond the in-shop freebies for the neighborhood heroes, Potbelly will be surprising nurses and teachers by dropping off treats for them at nearby schools, hospitals and medical centers in select Potbelly markets. Initial Franchise Fee: $25,000. Total revenues of $291. com One could (theoretically) build. Potbelly Corporation Reports Strong Results for First Fiscal Quarter 2023 pre-opening costs, restructuring costs, loss on Franchise Growth Acceleration Initiative activities and impairment. Theres a whole range of cost details included here. We expect momentum to continue in the second quarter with average unit volumes to range between $25,250 to $25,750, same-store sales of between 10. Attend the design and construction. The company has grown to over 500 locations across the United States. Since our start in 1977, Potbelly has grown to over 200 stores. Potbelly Sandwich Shop ranked No. 2 million, with Average Unit Volumes (AUVs) of $23,881. Potbelly Sandwich Shop Franchise Cost Comparison >Subway vs Potbelly Sandwich Shop Franchise Cost Comparison. Jimmy Johns Gourmet Sandwich Shops vs Potbelly Sandwich Shop Franchise. Adjusted net loss1attributable to Potbelly Corporation was ($8. The Complete Cost to Open a Potbelly Franchise: (Fees + Royalties). Earlier in 2022, Potbelly announced its Franchise Accelerated Growth Initiative. 2% same-store sales growth and AUVs of $23,881, driven mostly by traffic. Please click here for detailed estimates of Potbelly Sandwich Shop franchise costs, based on Item 7 of the company’s 2016 FDD (updated). 71 on Entrepreneur’s 2019 Franchise 500 list. Potbelly Franchise Accelerated Growth Initiative Earlier in 2022, Potbelly announced its Franchise Accelerated Growth Initiative. Additionally, Potbelly franchisees operate over 40 shops in the United States. The average investment range for Potbelly is $534,950 to $874,000 with a franchise fee of $40,000. Potbelly sandwiches are made with fresh, quality ingredients and served on toasted artisan bread. 269 on Entrepreneurs 2018 Franchise 500 list. Initial Franchise Fee $40,000 Initial Investment $594,950 - $955,200 Net Worth Requirement $500,000 Cash Requirement $250,000 Royalty Fee 6% Ad Royalty Fee 4% Term of Agreement 10 years Is. Potbelly Sandwich Works, LLC. Franchise Fee. 3 million, and AUVs were $23,881, driven by robust customer traffic in the period. The Skinny on Potbelly. There is an initial franchise fee of $40,000 which grants you the license to run a business under the Potbelly Sandwich Shop name. 02 compared to an adjusted diluted EPS 1 loss of ($0. Potbelly is located in about 90 cities across the country. It is the ultimate combination of tart and sweet. Section II - Estimated Costs Please click here for detailed estimates of Potbelly Sandwich Shop franchise costs, based on Item 7 of the companys 2018 FDD. What to know about Potbelly Sandwich Shop franchise? Potbelly Sandwich Shop is a chain of sandwich shops that was founded in 1977 in Chicago, Illinois. Opening a Potbelly franchise can set you back about $564,000 Instagram Per the Potbelly Sandwich Shop website, franchise owners would have to make an initial investment that falls between. How much does a potbelly franchise cost? Potbelly requires a franchise fee of up to $40,000, with a total investment of $534,950-$874,000. It was a comprehensive outline of a multi-pronged approach to growing the brand, via franchising, from just over 400 shops, to 2,000 shops, within the next 10 years. Veteran Incentives $10,000 off franchise fee About Potbelly Sandwich Shop From its humble beginnings as a small antique store on Chicagos North Side, Potbelly has grown from one to more than 200 shops serving neighborhoods in 12 states. Start-Up Costs and Fees Mobile: Investment: Quiznos Franchise: $24,100 - $341,800: Potbelly Sandwich Shop Franchise: $534,950 - $874,000: Franchise Fee: Quiznos Franchise. Positive same-store sales for the eighth consecutive quarter, ending the first quarter at +22. Initial Franchise Fee: $40,000; Total Investment: $534,950 to $817,700; Working Capital: $25,000 to $35,000; Royalty Fee: 6. Section III – Financial Performance Representations (Item 19, 2016 FDD) and Analysis To Access the Rest of This Article and Other Premium, Income-Enhancing Content, Subscribe Now or Log In. * Requirements Financial requirements for this franchise: Options Options available to franchisees: Veteran Discount:. Potbelly accelerates franchise momentum with 25 new units. Relative to Subway, Jimmy Johns and Firehouse, Potbelly is price prohibitive. DQ Grill & Chill ® Franchise Investment Information. Veteran Incentives $10,000 off franchise fee About Potbelly Sandwich Shop From its humble beginnings as a small antique store on Chicagos North Side, Potbelly has grown from one to more than 200 shops serving neighborhoods in 12 states. #7 in Franchise 500 for 2021. Potbelly Sandwich Works has an initial franchise fee of up to $40,000, with a overall upfront investment range from $534,950 to $817,700. Potbelly Corporation Reports Results for Fourth Fiscal >Potbelly Corporation Reports Results for Fourth Fiscal. 700 cal Start Order Oatmeal Chocolate Chip Cookie 420 cal Start Order YEP, WE DELIVER CATERING TOO We offer delivery and set-up on catering orders. The estimated initial investment excluding real estate lease or acquisition costs is around $564,050 to $782,700.