Noodles & Company Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$35,000
Investment required
$747,000 - $1,423,000
Royalty fee
5.00%

Noodles & Company: Redefining Fast-Casual Dining with Global Flavors

Noodles & Company, founded in 1995 and headquartered in Broomfield, Colorado, has carved out a significant presence in the fast-casual dining sector. Since beginning its franchising efforts in 2003, the company has successfully expanded its distinctive dining concept nationwide.

The hallmark of Noodles & Company is its extensive menu featuring noodle dishes inspired by diverse global cuisines, complemented by soups, salads, and pasta. This diverse menu caters to a wide range of tastes and dietary preferences, ensuring broad appeal.

By highlighting the universal love for noodles and offering a varied menu, Noodles & Company occupies a unique niche with little direct competition. Their dedication to using fresh, high-quality ingredients and providing prompt service further distinguishes them in the fast-casual dining market.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Franchise Fee $35,000
Leasehold Improvements $490,000 - $891,000
Architectural & Other Design Fees $59,000 - $132,000
Landlord Credits $46,000 - $170,000
Kitchen Equipment $127,000 - $218,000
Millwork & Furniture $22,000 - $44,000
Computer Equipment $30,000 - $56,000
Signage $17,000 - $51,000
Permits & Licenses $0 - $24,000
Supplies & Smallwares $1,000 - $10,000
Opening Inventory $6,000 - $10,000
Safe & Cash on Hand in Registers $1,000 - $3,000
Utilities $0 - $4,000
Training $7,000 - $64,000
Grand Opening Marketing Program $1,000 - $2,000
Additional Funds – 3 months $0 - $46,000
Total $747,000 - $1,423,000

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Number of units

2023
Franchised units

76

76

93

Company-owned units

378

372

369

Total units

454

448

462

Franchise Disclosure Document

Training 

Noodles & Company ensures its franchisees and their staff are well-prepared through a comprehensive training program:

General Training Programs: Initial training is provided for Area Operators, Operating Partners, and the first two general managers of the first two restaurants. This includes covering various expenses such as travel and lodging. Additional or follow-up training is available upon request or as required by the franchisor.

Certification Requirements: General managers and other management personnel must complete certified training programs before taking on their roles. This may involve periodic or additional training for new product launches, equipment usage, and other operational aspects. Initial training for certain roles is provided by the franchisor at no cost.

On-the-Job Training: The franchisor outlines the hours needed for on-the-job training, which vary based on individual skills. The training consists of various modules and is scheduled quarterly to meet the needs of Franchise Area Operators (FAOs).

Training Location and Personnel: Training typically takes place at the Noodles & Company Central Support Office in Colorado and at certified training restaurants across different states. The training team comprises experienced staff and restaurant management from Noodles & Company.

Territory Protection

Franchisees at Noodles & Company do not receive exclusive territory rights. They are authorized to own and operate a Noodles & Company restaurant at a designated location for the duration of the agreement.

Franchisees may encounter competition from other franchisees, Noodles & Company-owned outlets, or other distribution channels or competitive brands managed by Noodles & Company. The Franchise Agreement does not grant franchisees any options, rights of first refusal, or similar privileges to obtain additional franchises.

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