What was the reported value of Noodles & Company's delivery program receivables in 2023?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
tion permitted, and may be applied retrospectively. The Company is currently evaluating the impact of adopting the new ASU on its c
Source: Item 22 — CONTRACTS (FDD pages 98–99)
What This Means (2025 FDD)
According to Noodles & Company's 2025 Franchise Disclosure Document, the value of their delivery program receivables in 2023 was $1,869. This figure represents the amount of money Noodles & Company expected to receive from its delivery program partners or customers.
Delivery program receivables are important because they reflect the financial health and efficiency of Noodles & Company's delivery operations. A higher receivable amount could indicate strong sales through delivery channels, but it could also signal potential issues with collecting payments promptly. Conversely, a lower amount might suggest efficient collection processes or a decrease in delivery sales.
Prospective franchisees should pay attention to these figures as they provide insight into how effectively Noodles & Company manages its delivery program and related finances. Understanding the trend and magnitude of these receivables can help franchisees assess the potential risks and rewards associated with the delivery aspect of the business. It is also important to compare these figures with industry benchmarks and the performance of other similar franchise systems to gauge Noodles & Company's relative performance.