During what hours will Noodles & Company allow the Buyer's representatives access to the Seller's Documents?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
We have the right at any time during business hours, and on 10 days' prior notice to you, to inspect, copy and audit the books, records, tax returns and documents relating to the development, ownership, lease, occupancy or operation of your Noodles & Company Restaurant. You must cooperate fully with our representatives and independent accountants conducting such audits.
Source: Item 23 — RECEIPT (FDD pages 99–350)
What This Means (2025 FDD)
According to the 2025 Noodles & Company Franchise Disclosure Document, Noodles & Company retains the right to inspect, copy, and audit a franchisee's business records. This includes books, records, tax returns, and other documents related to the development, ownership, lease, occupancy, or operation of the Noodles & Company restaurant.
Noodles & Company can exercise this right "at any time during business hours" provided they give the franchisee 10 days' prior notice. The franchisee is obligated to cooperate fully with Noodles & Company's representatives and independent accountants during these audits.
This clause ensures that Noodles & Company can monitor the financial health and operational compliance of its franchisees, protecting the brand and ensuring consistency across all locations. Franchisees should maintain organized and accurate records to facilitate these audits and avoid potential penalties for non-compliance or discrepancies.