How many Noodles & Company franchise restaurants closed in 2023?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
| respectively. Franchisees opened three restaurants in 2024, | no | restaurants in 2023 and three in 2022. Seven franchise restaurants |
|---|---|---|
| closed in 2024, three franchise restaurants closed in 2023 and one closed in 2022. In addition, there were six company-owned | ||
| locations acquired by a franchisee in 2024 and 15 acquired by a franchisee in 2022. |
Source: Item 23 — RECEIPT (FDD pages 99–350)
What This Means (2025 FDD)
According to Noodles & Company's 2025 Franchise Disclosure Document, three franchise restaurants closed in 2023. This is an important figure for prospective franchisees to consider as it provides insight into the performance and stability of existing franchise locations. Closures can be indicative of various factors, such as poor location choices, management issues, or broader economic challenges affecting the profitability of Noodles & Company restaurants.
In comparison, the FDD notes that seven franchise restaurants closed in 2024, while only one closed in 2022. The number of closures can fluctuate year to year, but it's important to understand the reasons behind these closures to assess the potential risks and challenges of operating a Noodles & Company franchise.
Prospective franchisees should inquire about the reasons for these closures and what measures Noodles & Company is taking to support franchisees and prevent future closures. Understanding these trends can help franchisees make informed decisions and prepare for potential challenges in operating their own Noodles & Company franchise.