Schlotzsky's is a privately held franchise chain of restaurants, specializing in sandwiches, headquartered in Downtown Austin, Texas. As of November 20, 2006, Schlotzsky's has nearly 380 franchised and company-owned locations in 36 states in the United States and in six other countries around the world, generating $210 million in systemwide revenue. Most of the locations are across the south and southwestern United States.
Don and Dolores Dissman founded the company in 1971 in Austin, Texas. The initial menu consisted of a sandwich of mixed meats, cheeses and black olives toasted on a freshly made sourdough bun. The sandwich was called "The Original." The first sandwich was based on the Muffuletta sandwich.
In 1981, the company had 100 franchise stores and $18 million in sales. Real Estate investors, John and Jeff Wooley and Gary Bradley purchased the company for less than $3 million. Bradley split with the Wooleys in 1982. Bradley took the real estate business and the Wooleys kept Schlotzsky's.
The Wooleys expanded Schlotzsky's menu to include panini, specialty pizzas, toasted wraps, freshly tossed salads, soups, and other items. The Wooleys also took the company public on
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