How many Noodles & Company outlets were operating in Florida at the start of 2024?
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 |
|---|
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 were six franchised Noodles & Company outlets operating in Florida at the start of 2024. The table provided in Item 20 includes data about the number of outlets at the start and end of each year, as well as any openings, terminations, or other changes that occurred during the year. For Florida, the data shows a consistent number of six outlets throughout 2023 and 2024.
This information is valuable for prospective franchisees as it provides insight into the brand's presence and stability in specific markets. A consistent number of outlets might suggest a stable market, but further investigation would be needed to understand the performance and potential of those locations. It is important to note that this data only reflects franchised locations and does not include any company-owned restaurants that may also be present in Florida.
Prospective franchisees should further investigate the performance of these existing Florida locations to gauge the market's potential. Understanding the sales, customer demographics, and competitive landscape in Florida would be crucial in assessing the viability of opening a new Noodles & Company franchise in that state. Additionally, it would be beneficial to understand why no new locations opened in Florida during 2023 and 2024, despite the brand's overall growth.