What is the maximum deductible permitted for the All Risk Commercial Property Insurance required for Noodles & Company franchisees?

According to Noodles & Company's 2025 Franchise Disclosure Document, franchisees are required to maintain All Risk Commercial Property Insurance. This insurance must cover the building (where applicable), fixtures, equipment, tenant improvements, and betterments, and protect against fire, extended coverage, vandalism, and malicious mischief. The coverage must, at a minimum, cover the perils insured under the ISO special causes of loss form (CP 10 30) and insure the property on a replacement-cost basis.

For Noodles & Company franchisees, the maximum deductible permitted for this All Risk Commercial Property Insurance is $10,000. This means that in the event of a covered loss, the franchisee will be responsible for paying up to $10,000 before the insurance coverage kicks in.

It is important for prospective Noodles & Company franchisees to factor this deductible into their operating budget and ensure they have sufficient funds available to cover potential losses up to this amount. Additionally, franchisees must ensure that their insurance policies meet all the minimum requirements specified by Noodles & Company, including coverage types and amounts, and that Noodles & Company and its affiliates are named as additional insureds and loss payees.