What was the depreciation and amortization cost for Noodles & Company in 2024?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
ber 31, 2024 | 48,161,878 | $ | 482 | 2,423,871 | $ (35,0 | 00) | $ 213,396 | $ (184,457) | $ (5,579) |
(1) Unless otherwise noted, activity relates to Class A common stock.
Noodles & Company Consolidated Statements of Cash Flows (in thousands)
| Fiscal Year Ended | |||||
|---|---|---|---|---|---|
| December 31, 2024 |
Source: Item 22 — CONTRACTS (FDD pages 98–99)
What This Means (2025 FDD)
According to Noodles & Company's 2025 Franchise Disclosure Document, the depreciation and amortization costs for the fiscal year ended December 31, 2024, were $29,066.
Depreciation and amortization are accounting methods used to allocate the cost of tangible (depreciation) and intangible (amortization) assets over their useful lives. For a Noodles & Company franchisee, understanding these costs is crucial because they reflect the reduction in value of assets like equipment and leasehold improvements over time. These non-cash expenses impact the net income reported on the income statement.
The depreciation and amortization figure of $29,066 indicates the total expense recognized by Noodles & Company for the wear and tear or consumption of its assets during 2024. Franchisees should note that while depreciation and amortization reduce taxable income, they do not involve an actual outflow of cash. Therefore, while these expenses affect profitability metrics, they don't directly impact the cash flow available to the company.
Prospective franchisees should consider these figures in the context of the overall financial health of Noodles & Company. Reviewing trends in depreciation and amortization over several years, as presented in the FDD, can provide insights into the company's investment in long-term assets and its accounting practices. This information, combined with other financial statement analysis, helps potential franchisees assess the financial stability and operational efficiency of Noodles & Company.