What was the restaurant revenue for Noodles & Company in 2024 (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 2024 was $483,097 (in thousands). This figure represents the income generated from sales in company-owned and franchise restaurants, a key indicator of the brand's overall financial health and customer acceptance. Understanding the revenue trend is crucial for potential franchisees to assess the brand's performance and market position.
In addition to restaurant revenue, Noodles & Company also reported $10,174 in franchising royalties and fees, and other revenue streams, bringing the total segment revenue to $493,271 for 2024. These additional revenue streams provide insight into the different ways Noodles & Company generates income, which can be beneficial for franchisees to understand as they consider their own potential revenue sources. The document also details various expenses, such as cost of sales, labor, and occupancy, which are important for understanding the overall profitability of the company.
Prospective franchisees should note that while revenue figures provide a snapshot of Noodles & Company's financial performance, it's essential to consider other factors such as expenses, market conditions, and individual restaurant performance. The FDD includes a comprehensive overview of the company's financial statements, allowing potential franchisees to conduct a thorough analysis and make informed decisions. Reviewing these figures in conjunction with other sections of the FDD, such as Item 19 (Financial Performance Representations), will provide a more complete picture of the potential financial returns of a Noodles & Company franchise.