According to Noodles & Company's 2025 Franchise Disclosure Document, the purchase price for an existing company-operated restaurant is negotiable. The document states that the amount will vary by restaurant and is based on factors such as the assets being acquired, their location, book value, and fair market value.

This means that if a prospective franchisee is interested in buying an existing Noodles & Company restaurant, the final price will not be fixed. Instead, it will be determined through negotiations with Noodles & Company, taking into account the specific characteristics and value of the restaurant in question. This contrasts with the franchise fee for a new restaurant, which is uniform for all franchisees, except in specific circumstances.

For a potential Noodles & Company franchisee, this represents both an opportunity and a potential challenge. The opportunity lies in the possibility of negotiating a favorable price based on the restaurant's condition and market factors. The challenge is that the franchisee will need to conduct thorough due diligence to assess the restaurant's true value and negotiate effectively with Noodles & Company to reach a mutually agreeable price.