What do the long-lived assets of Noodles & Company include?

According to Noodles & Company's 2025 Franchise Disclosure Document, long-lived assets include the company's property and equipment, as well as operating lease assets, as presented in the Consolidated Balance Sheets. This information is relevant to understanding the assets that Noodles & Company owns and utilizes in its operations.

For a prospective franchisee, this indicates the types of assets that Noodles & Company considers important for its business operations. Property and equipment typically include items such as restaurant buildings, kitchen equipment, furniture, and fixtures. Operating lease assets refer to the rights to use leased properties, such as restaurant locations, for a specified period.

Understanding the composition of long-lived assets can help a franchisee assess the capital intensity of the business and the potential investments required to establish and operate a Noodles & Company franchise. It also provides insight into how the company manages its resources and finances, which can be useful for evaluating the overall financial health and stability of the franchise system.