What information must the Noodles & Company buyer include in the business plan delivered to the seller?

According to the 2025 Noodles & Company Franchise Disclosure Document, the buyer must deliver a business plan to the seller. The business plan must be in a form and substance reasonably satisfactory to the seller. Additionally, the buyer must provide all other information required under Section 5.9, ensuring it is satisfactory to the seller.

This requirement means a prospective Noodles & Company franchisee needs to prepare a comprehensive business plan that meets the franchisor's standards. The FDD does not specify the exact contents of Section 5.9 or the business plan, but it emphasizes the plan must be satisfactory to Noodles & Company. This gives Noodles & Company considerable discretion in determining whether to approve the plan.

As a prospective franchisee, it is crucial to communicate with Noodles & Company early in the process to understand their expectations for the business plan. Requesting a template or detailed guidelines can help ensure the plan addresses all necessary points and increases the likelihood of approval. Failure to provide a satisfactory business plan could delay or even prevent the completion of the franchise purchase.