In what state did Noodles & Company reacquire 5 outlets in 2024?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | Total | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | Table No. 3 Status of Franchise Outlets For Fiscal Years 2022 to 2024
| State | Year | Outlets at Start of Year | Outlets Opened | Termi nation s | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other Reason | Outlets at End of the Year |
|---|
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 89–97)
What This Means (2025 FDD)
According to Noodles & Company's 2025 Franchise Disclosure Document, in 2024, Noodles & Company reacquired 5 outlets in Oregon. This information is detailed in a table that summarizes outlet activity by state.
For a prospective franchisee, this indicates the company's involvement in managing its franchise network and potentially taking over operations when necessary. Reacquisition could be due to various reasons such as franchisee default, strategic realignment, or the franchisee's decision to exit the business.
It's important for potential franchisees to understand the circumstances under which Noodles & Company might reacquire a franchise, as this could impact their investment and operational control. Further investigation into the reasons behind reacquired stores and the company's strategy in these situations would be beneficial.