What form will the sublease of a Subleased Property be in for a Noodles & Company franchise?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
You agree that any lease or sublease for the Premises must, in form and substance satisfactory to us, include all of the provisions set forth in the Addendum to Lease Form, as modified from time to time and which is contained in the Operations Manual, shall be for an aggregate term of (at least) 20 years in a combination of initial term and renewals, and shall include any other provisions as we may determine desirable from time to time. You may not execute a lease, sublease or purchase contract or any modification thereof without our approval. Our approval of the lease, sublease or purchase contract does not constitute a warranty or representation of any kind, express or implied, as to its fairness or suitability or as to your ability to comply with its terms and we do not assume any liability or responsibility to you or to any third parties due to such approval. You must deliver a copy to us of the fully signed lease, sublease or purchase contract within five days after its execution.
Source: Item 23 — RECEIPT (FDD pages 99–350)
What This Means (2025 FDD)
According to Noodles & Company's 2025 Franchise Disclosure Document, any lease or sublease for the premises must be in a form and substance satisfactory to Noodles & Company. The sublease must include all of the provisions set forth in the Addendum to Lease Form, as modified from time to time and contained in the Operations Manual.
The sublease must be for an aggregate term of at least 20 years, combining the initial term and renewals. It should also include any other provisions that Noodles & Company may determine are desirable from time to time.
A prospective Noodles & Company franchisee must obtain approval from Noodles & Company before executing any lease, sublease, or purchase contract, or any modifications to these agreements. However, Noodles & Company's approval does not provide any warranty or representation regarding the fairness or suitability of the lease, nor does it guarantee the franchisee's ability to comply with its terms. Noodles & Company assumes no liability or responsibility to the franchisee or any third parties due to such approval. The franchisee must provide Noodles & Company with a copy of the fully signed lease, sublease, or purchase contract within five days of its execution.