How many Noodles & Company outlets were operating in Kentucky at the start of 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 |
|---|
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 4 Noodles & Company outlets operating in Kentucky at the start of 2023. This number remained constant throughout 2023, as no new outlets opened or closed during that year. However, in 2024, one outlet ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor, reducing the total to 3 by the end of 2024.
For a prospective franchisee, this data indicates the stability of Noodles & Company's presence in Kentucky during 2023. The absence of new openings or closures suggests a steady market. However, the closure of an outlet in 2024 could signal changing market conditions or specific challenges at that location. It's important to note that this information pertains to the overall number of outlets and doesn't differentiate between franchised and company-owned locations.
Understanding the reasons behind the single closure in 2024 would be crucial for a potential franchisee. Factors such as location-specific issues, market saturation, or broader economic trends could influence the success of a new Noodles & Company franchise in Kentucky. Further investigation into these factors would provide a more comprehensive understanding of the market dynamics and potential risks involved.
Overall, while the number of Noodles & Company locations remained stable in Kentucky during 2023, the subsequent closure in 2024 highlights the importance of conducting thorough market research and understanding the local factors that could impact the performance of a franchise.