How many Noodles & Company outlets ceased operations for reasons other than termination, non-renewal, or reacquisition in Michigan during 2023?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | Total | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | Table No. 3 Status of Franchise Outlets For Fiscal Years 2022 to 2024
| State | Year | Outlets at Start of Year | Outlets Opened | Termi nation s | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other Reason | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| California | 2022 | 0 | 15 | 0 | 0 | 0 | 1 | 14 |
| 2023 | 14 | 0 | 0 | 0 | 0 | 0 | 14 | |
| 2024 | 14 | 0 | 0 | 0 | 0 | 4 | 10 | |
| Connecticut | 2022 | 4 | 1 | 0 | 0 | 0 | 0 | 5 |
| 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| Florida | 2022 | 5 | 1 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | |
| 2024 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | |
| Illinois | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 |
| 2023 | 5 | 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, in 2023, two outlets in Michigan ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor. This is according to the table summarizing the status of franchise outlets for fiscal years 2022 to 2024. At the start of 2023, there were 23 Noodles & Company outlets in Michigan. By the end of 2023, this number decreased to 21, with the difference attributed to the two outlets that ceased operations for 'other reasons'.
This information is crucial for potential Noodles & Company franchisees in Michigan as it provides insight into the stability and performance of existing outlets. Understanding the reasons behind these closures, if possible, could further inform their investment decision. While the FDD specifies that these closures were not due to termination, non-renewal, or reacquisition, the 'other reasons' could range from poor performance to landlord disputes or strategic decisions by the franchisee.
It's important to note that while two units closed, the FDD does not elaborate on the specific reasons for these closures. A prospective franchisee should inquire with Noodles & Company about the circumstances surrounding these closures to gain a better understanding of the challenges and opportunities in the Michigan market. This information, combined with other due diligence, can help them assess the potential risks and rewards of investing in a Noodles & Company franchise in Michigan.
Across all states, a total of three Noodles & Company franchise outlets ceased operations for reasons other than termination, non-renewal, or reacquisition in 2023. This suggests that the closures in Michigan represent a significant portion of such closures system-wide during that year. This may warrant further investigation into the specific market dynamics in Michigan.