Noodles and Company

At a Glance

Products & Services: Noodles, soups, sandwiches, salads

Number of Locations: 257

Total Investment: $483.7K - $1.2M

Founded: 1995

Began Franchising: 2003

Franchise Units

Year U.S. Canadian International Company Owned
2011 43 0 0 214
2010 43 0 0 212
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $483,733 - $1,198,107
Franchise Fee: $35,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $3,000,000
Liquid Cash Available: $1,500,000
Operations
100% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 15 - 20. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 5 days. At company-owned restaurants : 8-12 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Ad slicks, Regional advertising,

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