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Potbelly Announces 40-Shop Agreement with Royal Restaurant Group
Potbelly Corporation (NASDAQ: PBPB), the iconic neighborhood sandwich shop, today announced the completion of a 40-unit agreement with Royal Restaurant Group, a national franchise group that successfully operates restaurant locations for global brands.
The agreement will involve the future development of 36 Potbelly shops in markets across both Ohio and Florida. As part of the deal, Potbelly will also refranchise four locations in the greater Columbus, Ohio region.
“We’re delighted to have Royal Restaurant Group join the Potbelly system and further our growth in several key areas of the...