factual

According to the Noodles & Company FDD, who is considered 'Immediate Family'?

Noodles_Company Franchise · 2025 FDD

Answer from 2025 FDD Document

"Immediate Family" – Spouse, parents, brothers, sisters and children, whether natural or adopted.

Source: Item 23 — RECEIPT (FDD pages 99–350)

What This Means (2025 FDD)

According to Noodles & Company's 2025 Franchise Disclosure Document, the term 'Immediate Family' is specifically defined within the agreement. This definition is important because certain clauses, such as those regarding transfer of ownership or non-compete agreements, may apply differently to immediate family members.

For a prospective Noodles & Company franchisee, understanding this definition is crucial. It clarifies who is included when the FDD discusses family-related exceptions or obligations. For instance, the franchisor may waive the right of first refusal if a family member who meets the requirements for Area Operators is the proposed purchaser in the event of death or disability.

The definition of 'Immediate Family' includes the franchisee's spouse, parents, brothers, sisters, and children, whether natural or adopted. This definition is fairly standard in franchise agreements, as it clearly delineates the individuals to whom specific terms and conditions apply, especially concerning business transfers or non-compete obligations.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.