JERSEY MIKE'S vs Potbelly Sandwich Shop
Side-by-side figures from each brand's latest FDD Item 20 as we extracted them; verdicts are our opinion under the published methodology, and the source filing and year are on each brand's profile. Green marks the more favorable metric (lower for distress), not a recommendation to buy.
Units · latest run
+54.3% (2021–2025)
Net unit change
+10.6% (2023–2025)
Strong
Exit quality
Weak
Strong
Transfer / churn
Strong
0.4× expected (18 of 367)
SBA losses vs same-year loans
Too few seasoned loans
—
Distress
—
$20,000
Franchise fee
$40,000
$436K–$1.2M
Investment range
$629K–$999K
6.5%
Royalty
6%
Disclosed
Earnings (Item 19)
Disclosed
JERSEY MIKE'S
Potbelly Sandwich Shop
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A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing the numbers, including talking you out of a bad deal.