6/10

Franchimp Summary Rating

4 /10
Higher than 64% of peers

Franchise Summary

Description
The franchise offered is for a Noodles & Company restaurant, which will specialize in the retail sale of noodle dishes, salads, soups, desserts, breads, beveragesand other menu items and merchandise related to the Noodles & Company concept, as we may authorize in the future.
Company Background
Noodles & Company is a restaurant franchise that specializes in the sale of noodle dishes, salads, sandwiches, soups, desserts and breads. The company also offers beer, wine and other menu items related to their concept.
Franchise Opportunity
Noodles & Company is a fast-casual restaurant chain that offers more than 50 menu items, including noodles and pastas from around the world. With so many options to choose from, it can be hard to know where to start. We're here to help you find your favorite dish! If you like Asian flavors, try our Pad Thai or Singapore Mei Fun noodle dishes; if Italian food is more your style, we recommend our Spaghetti Pomodoro or Cavatappi Carbonara pasta dishes; if Americana is what gets you going then our Chicken Tenders or Meatballs and Marinara should do the trick; for those who want something a little different there are always salads and sandwiches available as well. However you like your noodles, we have them all at Noodles & Company!
Corporate Structure
Noodles & Company is a Delaware corporation, which was formed on December 19, 2002. Our principal place of business is 520 Zang Street, Suite D, Broomfield, CO 80021. Our agents for service of process for purposes of this FDD are listed in Exhibit F. Noodles & Company currently does business under the names Noodles & Company and The Noodle Shop, Co.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Restaurants (Sit-Down) Industry

$1,070,054 / unit

Franchise Type: Standard

Average Revenue During 2019

$1,070,054
$237,613
Industry Low
$4,847,944
Industry High

Average Gross Profit Per Unit

Compared vs. Restaurants (Sit-Down) Industry

$867,282 / unit

Franchise Type: Standard

Average Gross Profit During 2019

$867,282
$369,714
Industry Low
$867,282
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Noodles & Company Franchisees

Noodles & Company Franchise System Development in 2022

FAQ

How much investment do I need to start my own Noodles & Company business?
Franchisees typically require at least $621 to $2 investment to get their Noodles & Company business started
What are the initial franchise fees for Noodles & Company?
Franchisees typically need to pay at least $35 in fees directly to Noodles & Company in order to earn the right to launch their business
How much money can I make with a Noodles & Company franchise? What are the average revenues for a typical Noodles & Company business?
We estimate that the average revenue of an individual Noodles & Company unit is approximately $1,070,054. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Noodles & Company unit? What is my contractual commitment?
Noodles & Company franchisees are typically required to sign up to a 20 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

4 /10
The Franchisor's investment costs ranges from $621,000 to $2,064,000 which is Much Higher than the $0 to $0 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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