Noodles & Company logo

Noodles & Company

Noodle dishes, salads, soups, desserts

Investment

$747,000

Initial Franchise Fee

$35,000

Units

461

Growth Rate

+1.5%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Food
Founded 1995
Franchising Since 2003
Parent Company
Leadership John Ramsay, VP Franchise Sales
# of Employees at HQ 150

Units and Growth Chart

About Noodles & Company

Noodles & Company is a fast-casual American restaurant that serves international and American noodle dishes, as well as soups and salads. Noodles & Company also sells baguettes, desserts, and customizable kids' meals. Many meals also come with gluten-free and vegan options.

Noodles & Company was founded in 1995 by Aaron Kennedy in Broomfield, Colorado. After noticing a lack of restaurants that served noodles, Kennedy started developing recipes out of his mother-in-law's kitchen.

Since beginning to franchise in 2003, Noodles & Company has since grown to include more than 400 locations throughout the United States. 

Why You May Want To Start a Noodles & Company Franchise

If you enjoy good food and want to continue the long history of families gathering around a plate of noodles while introducing new flavors to your community, opening a Noodles & Company could be an excellent opportunity for you. Franchisees should have a good work ethic, determination, and a love of new opportunities. Having restaurant experience is not necessary, but some business experience can be highly beneficial. 

Each Noodles & Company franchise is expected to feature a unique concept and family-friendly flavors. Noodles & Company brings together flavors from all over the world and develops bold new ones.

What Might Make a Noodles & Company Franchise a Good Choice?

Noodles & Company is looking for multi-unit franchisees interested in growing with a unique fast-casual concept. They strive to be a value-driven brand with a reputation for inclusivity and collaboration. The Noodles & Company leadership may consist of franchising veterans with a proven track record of growing national and international brands.

Noodles & Company believes in using technology and the right tools to make your life easier. With advanced scheduling technology, you may reduce labor, boost sales with the app, track metrics with an integrated POS, and eliminate paper trails with iPads.

To be part of the Noodles & Company team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

How To Open a Noodles & Company Franchise

If awarded a franchise, franchisees receive a great deal of support from the Noodles & Company brand throughout the franchising process. In addition to pre-opening training, Noodles & Company franchisees receive support through brand awareness, marketing, research, and construction. Franchisees may also receive hands-on training and continued support after their franchise location has opened.

Your general manager will undergo multiple weeks of training at a Noodles & Company restaurant to ensure they're ready to lead your team. Noodles & Company will send experienced trainers to the first two locations each franchisee opens to help onboard their new hires for several weeks.

Before making any financial commitment or signing an agreement with Noodles & Company, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing Noodles & Company franchisees and ask the franchising team questions. 

Investment Details

Initial Franchise Fee $35,000
Initial Investment $747,000 - $1,423,000
Net Worth Requirement
Cash Requirement
Royalty Fee 5%
Ad Royalty Fee 1.25%
Technology Fee 0
Term of Agreement 20 years
Is Franchise Term Renewable? Yes
Financing N/A
Veterans Incentive N/A

Available Territories

Franchising opportunities available in the following regions

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training 300-450 hours
Classroom Training 32-48 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? No
Can this franchise be run part time? No
# of employees required to run 20
Are exclusive territories available? No

Ranking History

Noodles & Company performance in the Franchise rankings over recent years

No data available at this time.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022