Where can I find the cumulative number of Noodles & Company franchises to be granted?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
You must have open and operating continuously in the Development Area in accordance with and pursuant to Franchise Agreements, that cumulative number of Noodles & Company restaurants set forth in Exhibit A by the corresponding dates set forth therein ("Development Schedule").
Source: Item 23 — RECEIPT (FDD pages 99–350)
What This Means (2025 FDD)
According to the 2025 Noodles & Company FDD, the cumulative number of Noodles & Company restaurants to be opened by a specific date can be found in Exhibit A. This exhibit outlines the development schedule that the Area Operator must adhere to.
The development schedule specifies the number of Noodles & Company restaurants the Area Operator is required to have open and operating continuously within the Development Area by certain dates. This schedule is crucial, as failure to meet these milestones, except under specific circumstances like significant weather delays or natural disasters (not exceeding 20 days in aggregate), constitutes a material breach of the agreement.
Exhibit A provides a clear timeline for the Area Operator, detailing the number of restaurants to be opened and the corresponding dates for each milestone. This allows both Noodles & Company and the Area Operator to track progress and ensure that development goals are being met. The FDD states that if the Area Operator's right to develop Noodles & Company restaurants expires or is terminated, Noodles & Company has the right to develop and operate restaurants in the Development Area.