

Potbelly Sandwich Shop is a beloved American fast-casual franchise known for its warm, toasted sandwiches and inviting atmosphere. Founded in 1997 by Peter Hastings in Chicago's Lincoln Park neighborhood, Potbelly began as an antique store where Hastings served sandwiches to customers.
The name "Potbelly" pays homage to the potbelly stove that warmed the original shop. The company is headquartered at 111 North Canal Street, Chicago, Illinois, and has grown to over 425 locations nationwide.
In 1996, entrepreneur Bryant Keil acquired Potbelly, sparking a period of rapid growth. The company began franchising in 2009, allowing business owners to bring Potbelly's unique offerings to their local communities.
The franchise serves toasted sandwiches, fresh salads, soups, hand-dipped shakes, and baked goods. Each location is designed to reflect the character of the neighborhood, creating a cozy and welcoming environment.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Potbelly Sandwich Shop provides a comprehensive training program for franchisees to ensure consistent quality and brand standards across locations. The training is mandatory and must be completed before opening the shop. The programs include:
Potbelly Sandwich Shop does not offer exclusive or protected territory rights to its franchisees under the standard Franchise Agreement. Franchisees operate their shop at a specific site approved by Potbelly, but this does not come with any exclusivity in that geographic area.
Potbelly and its affiliates retain the right to operate or authorize other Potbelly locations, or use other distribution channels—including online and retail sales—even in proximity to existing franchises.
Furthermore, the agreement clearly states that the franchisor does not provide any territorial rights such as expansion, non-encroachment, or first refusal unless explicitly outlined in a separate Shop Development Area Agreement.
Below are some of
Potbelly Sandwich
key competitors in the
Sandwich
sector.

95
$40,000
$654,000
$1,274,000
n.a.
$1,299,000
$xxx,xxx
n.a.
n.a.
n.a.
n.a.

Abu Omar Halal is a Mediterranean street-food franchise offering shawarma, falafel, and grilled halal dishes, serving quick-service guests across food trucks and restaurants, and known for generous portions, bold Middle Eastern flavors, and late-night service in busy urban markets.
?
?

Extreme Pita is a fast-casual restaurant franchise offering pita wraps, salads, and Mediterranean-inspired meals, serving health-conscious guests and busy families, and known for customizable pitas, fresh ingredients, and lighter alternatives to traditional fast food, including catering.
?
?

Sub-Ology is a sandwich-and-fast-casual franchise offering premium subs, wraps, salads and soups made with Boar’s Head meats and locally baked bread, serving lunch and dinner diners, and known for gourmet ingredients and community-oriented atmosphere.
?
?

Miller’s Famous Sandwiches is a fast-casual franchise offering toasted sandwiches, soups, salads and coffee, serving lunch crowds and grab-and-go customers, and known for iconic brand history, streamlined operations and community-friendly service.
?
?

D'Angelo Grilled Sandwiches is a fast-casual sandwich franchise offering grilled subs, soups, salads and coffee, serving lunch and dinner crowds, and known for flame-roasted flavour, fresh ingredients and community-based franchise experience.
?
?

Submarina California Subs is a submarine-sandwich franchise offering crafted subs with fresh, quality ingredients, serving take-out and delivery customers, and known for California-style flavor, strong franchise support, and award-winning menu.
?
?
Choosing a franchise goes beyond reviewing fees and financials — it requires an honest assessment of your goals, skills, and risk tolerance. This article outlines the key questions prospective owners should ask before committing. It helps clarify whether the opportunity aligns with your lifestyle, long-term plans, and operational preferences.
Speaking with current and former franchisees is one of the most reliable ways to understand how a franchise really operates. This guide explains how to conduct validation calls, what questions to ask, and how to identify patterns in feedback. It provides a practical framework for uncovering real performance expectations and support quality.
Not all franchise opportunities offer the same potential. This article breaks down how to evaluate a brand’s industry, financial health, support systems, and competitive positioning. It helps prospective buyers compare options and identify franchises with strong long-term viability.
A clear, well-structured business plan is essential for securing financing and preparing for the realities of franchise ownership. This article explains how to build a plan that covers market analysis, operations, staffing, and local marketing. It also outlines how to create realistic pro forma financials, including revenue projections, startup costs, and break-even analysis. Readers gain a practical framework they can use when applying for loans or planning their first years of operations.