From a financial standpoint, it should be noted that Potbelly’s makes a lot of money because stores can generate $1mm in sales and nearly 20% pre-tax margins. Some locations in Chicago generate upwards of $50k in sales per week.
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How many potbelly franchises are there?
The sandwich chain ended 2021 with 443 restaurants, and about 90 percent of that was company-owned. The past 12 months were a turning point in Potbelly's 45-year history.
Who is potbelly owned by?
Bryant KeilLove at first bite: One of Potbelly's regulars, Bryant Keil, buys the shop from owner Peter Hastings. Bryant embarks on creating Potbelly Nation — the culture at the core of all we are. He grew the company from 1 to 250 shops over the next 12 years.
Who is Potbelly's target market?
About Potbelly Sandwich WorksPotbelly Sandwich Works OverviewUSPsimple, made-to-order food, the "neighborhood feel" conceptPotbelly Sandwich Works STPSegmentationFood loversTarget MarketFamily friends , people of age group between 20-405 more rows•Apr 29, 2020
Why is it called potbelly?
It started as an antique shop Six years later, the place reopened strictly as a sandwich shop. Hastings christened it Potbelly in honor of the old potbelly stove he held over from the antiques collection, and not in honor of the havoc he would later wreak on your waistline.
How hot does potbelly heat their sandwiches?
Eating Sandwiches from Potbelly Whilst Pregnant However, if you want to continue to eat deli meat from Potbelly, there's a compromise. Their toasting machines reach a temperature of over 500F, which is enough to kill any potential listeria.
Is a potbelly healthy?
Potbelly or excess belly fat is extremely unhealthy. Much more, research suggests that individuals with potbelly, despite having a normal body weight stand a higher risk of death over the years from heart problems than overweight or obese people whose fat is more concentrated on the hips and thighs.
Does potbelly use nitrates?
is the meat all natural? All of our meats are produced in accordance with USDA regulations and our turkey does not contain any sulfites, nitrites or nitrates.
Where does potbelly come from?
Potbelly was founded in 1977 in Chicago, and its name refers to the potbelly stove. Potbelly's menu features a variety of sandwiches that are all served hot, and the menu includes soup, shakes, smoothies, potato chips and cookies. Some locations have presented live music from local musicians during the lunch hours.
Who is the CEO of potbelly?
Robert D. Wright (Jul 20, 2020–)Potbelly Sandwich Shop / CEOMr. Wright has over 30 years of experience in the restaurant industry, most recently serving as Executive Vice President and Chief Operations Officer of The Wendy's Company, where he ran operations for over 6,000 company and franchise restaurants located in the U.S. and Canada .
Where is potbelly headquartered?
Chicago, ILPotbelly Sandwich Shop / Headquarters
Where does potbelly come from?
Potbelly was founded in 1977 in Chicago, and its name refers to the potbelly stove. Potbelly's menu features a variety of sandwiches that are all served hot, and the menu includes soup, shakes, smoothies, potato chips and cookies. Some locations have presented live music from local musicians during the lunch hours.
Is potbelly publicly traded?
Potbelly is listed on the Nasdaq.
How many franchises does Potbelly have?
Potbelly Sandwich Shop also provides franchise opportunities. As of 2018, the company operates 39 franchises in the United States and 17 ones outside the country.
Where is Potbelly Sandwich Shop located?
The company was founded in the Lincoln Park neighborhood of Chicago, in 1977. Potbelly Sandwich Shop also provides franchise opportunities. As of 2018, the company operates 39 franchises in the United States and 17 ones outside the country.
How many states does Potbelly Sandwich have?
Based on 2019 FDD data, Potbelly Sandwich Works has franchise locations in 18 states. The largest region is the Midwest with 22 franchise locations.
How many franchise locations do they have?
As of the 2019 Franchise Disclosure Document, there are 41 franchised Potbelly Sandwich Works locations in the USA.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
How much does a potbelly employee make?
While Potbelly employees earn an average yearly salary of $28,795, different roles can command different wages. Some of the job titles with high salaries at Potbelly are catering coordinator, associate, shift manager, and assistant manager. A worker with the title catering coordinator salary at Potbelly can earn an average yearly salary of $37,751. To get a better sense of the salaries at Potbelly, other roles such as sandwich artist and crew member can be considered as well. For comparison, the title sandwich artist at Potbelly earns $19,367 per year.
How Much Does Potbelly Pay?
Employees at Potbelly make, on average, $28,871 a year or $13.88 an hour. Those in the bottom 10th percentile earn under $17,000 a year, while the high earners in the top 90th percentile can make over $47,000. Show More
What are the competitors of Potbelly?
Potbelly Competitor Salaries. Some of the competitors of Potbelly are Fazoli's, Bruegger's Enterprises, and OTG Management. Employees at Fazoli's earn more than most of the competition, with an average yearly salary of $31,025. The salaries at Bruegger's Enterprises average $29,805 per year, and the salaries at OTG Management come in ...
What is a Potbelly anyway?
The first incredibly tasty warm sandwich was served over 30 years in Chicago. Since our start in 1977, Potbelly has grown to over 200 stores. We know what works and what doesn't, so we can support you as you accelerate your knowledge base so you can move your business forward.
Our Business Model
The Potbelly advantage is the foundation of everything we do. Its a clear expression of our intentions and our culture. How we look at the business, how we manage the business, and how we plan the business. We also believe in keeping it simple.
Potbelly Training
Hey, if you're successful, then we're successful. As a result, we support our franchisees with an amazing amount of training tools and services. Our training program is extensive and includes both classroom instruction and on-the-job training. Some of the topics we cover include:
Ideal Candidate
Potbelly is looking for "Potbelly People" to become franchisees. That means people that love working with a team, have solid business experience (not necessarily in restaurants), the financial qualifications, possess personal motivation and have been successful. Our franchise owner/operator model is a two person team.
What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
What is net worth?
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
