What was the restaurant revenue for Noodles & Company in 2023 (in thousands)?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
from operations to evaluate performance and make key operating decisions, such as deciding the rate at which we invest resources into the segment.
The following table presents selected financial information with respect to our single reportable segment regularly reviewed by our CODM for 2024, 2023 and 2022 (in thousands):
| | 2024 | | 2023 | 2022 | |------------
Source: Item 22 — CONTRACTS (FDD pages 98–99)
What This Means (2025 FDD)
According to Noodles & Company's 2025 Franchise Disclosure Document, the restaurant revenue for 2023 was $492,648 (in thousands). This figure represents the revenue generated from the operation of company-owned and franchise restaurants.
For a prospective franchisee, this number provides insight into the overall sales performance of Noodles & Company restaurants. It's important to note that this is system-wide revenue and not the revenue of an individual franchise location. A franchisee's revenue will depend on factors such as location, market conditions, and their own operational effectiveness.
In addition to restaurant revenue, Noodles & Company also generates revenue from franchising royalties and fees. In 2023, this revenue stream amounted to $10,757 (in thousands). Total revenue for Noodles & Company in 2023, combining restaurant revenue and franchising royalties and fees, was $503,405 (in thousands).