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.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Noodles & Company restaurant ranges from $675,500 to $1,455,000. This includes a $35,000 initial franchise fee that must be paid to us, but does not include the cost of buying or renting the business location.
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
Franchisee Attrition
10 /10
This franchise's rate of attrition in 2023
of 0.00%
was
Lower
than the 2% in the Restaurants (Sit-Down) industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Noodles & Company Franchisees
Noodles & Company Franchise System Development in 2021
FAQ
How much investment do I need to start my own Noodles & Company business?
Franchisees typically require at least
$635,851 to
$1,235,467 investment to get their
Noodles & Company business started
What are the initial franchise fees for Noodles & Company?
Franchisees typically need to pay at least
$35,000 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
6 /10
The Franchisor's investment costs ranges from
$378,270 to $1,638,554
which is
Much Lower
than the $931,012 to $1,843,346 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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