How many Noodles & Company franchises in Kentucky were transferred in 2023?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Kentucky | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Total | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 89–97)
What This Means (2025 FDD)
According to Noodles & Company's 2025 Franchise Disclosure Document, there was one franchise transfer in Kentucky during 2023. This information is part of a table summarizing franchise transfers over the past three fiscal years. Franchise transfers occur when an existing franchisee sells their Noodles & Company business to a new owner, excluding transfers back to the franchisor.
For a potential franchisee, this data point provides insight into the stability and desirability of Noodles & Company franchises in Kentucky. A transfer suggests that a franchisee found a buyer for their business, which could be seen as a positive sign. However, it's essential to investigate the reasons behind the transfer to fully understand the context.
It is important to note that franchise transfers are a normal part of the franchise lifecycle. The number of transfers can be influenced by various factors, including the local economy, the performance of the specific location, and the individual circumstances of the franchisee. Prospective franchisees should consider these factors and conduct thorough due diligence before investing in a Noodles & Company franchise.