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home / news releases / PBPB - Potbelly enters new shop development agreement in Florida

PBPB - Potbelly enters new shop development agreement in Florida

Potbelly Corporation

2023-04-25 04:54:44 ET

  • Potbelly ( NASDAQ: PBPB ) has finalized a 16-unit shop development agreement in two Florida markets.
  • This agreement includes 14 shops in Broward County and two shops in Gainesville.
  • As part of its 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. The brand also plans to refranchise ~25% of its company owned shops in conjunction with shop development area agreements.

For further details see:

Potbelly enters new shop development agreement in Florida
Stock Information
Company Name: Potbelly Corporation
Stock Symbol: PBPB
Market: NASDAQ
Website: potbelly.com
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