Potbelly Sandwich Shop

PBPB · EST. 1977 · Chicago, Illinois

+ CompareFDD notes
US UNITS874−1.6% YOY
GLOBAL UNITS874
AUV (US)$798K
INVESTMENT RANGE$285K–$627K
FRANCHISED %90%

01The Read

Toasty warm sandwiches, salads, soups, and shakes

FIG 1 — US UNIT COUNT, 2019–2025

SOURCE: QSR PRO ESTIMATES

02Our Coverage

Private Equity's 2026 QSR Playbook: How Buyout Firms Are Reshaping Franchise OwnershipMar 24, 2026
QSR Pro Advisory

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