How often is the "Reporting Period" defined for a Noodles & Company franchise, and what days does it encompass?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
A Reporting Period is defined as each one-week period commencing on Wednesday and ending on Tuesday, or other period as we may determine.
Source: Item 6 — OTHER FEES (FDD pages 19–22)
What This Means (2025 FDD)
According to Noodles & Company's 2025 Franchise Disclosure Document, the "Reporting Period" is defined as each one-week period. This period starts on Wednesday and ends on Tuesday.
This definition is important because several fees, such as the Royalty and Marketing Administration Fee (MAF), are calculated and payable based on this weekly reporting period. Specifically, these fees are due on the first Monday immediately following each Reporting Period. The consistent weekly cycle ensures regular financial reporting and payments.
Noodles & Company retains the right to modify this reporting period. While the standard is a Wednesday-to-Tuesday week, the franchise agreement allows Noodles & Company to determine a different period. This provides flexibility for the franchisor but also introduces a degree of uncertainty for the franchisee, who must remain adaptable to potential changes in reporting schedules.