What was the total restaurant revenue for Noodles & Company in 2023?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
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| (148,244) |
| Total stockholders' (deficit) equity | (5,579) | 27,160 | | Total liabilities and stockholders' equity | $ 324,648 | $ 368,095 |
Noodles & Company Consolidated Statements of Operations (in thousands, except share and per share data)
| Fiscal Year Ended |
|---|
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 the fiscal year 2023 was $492,648 (expressed in thousands). The fiscal year 2023 ended on January 2, 2024, and contained 52 weeks.
In addition to restaurant revenue, Noodles & Company also generated revenue from franchising royalties and fees, and other sources. In 2023, this amounted to $10,757 (expressed in thousands). The total revenue for Noodles & Company in 2023, combining restaurant revenue and franchising royalties and fees, was $503,405 (expressed in thousands).
It is important to note that these figures represent the consolidated financial performance of both company-owned and franchised Noodles & Company restaurants. As a prospective franchisee, understanding the breakdown between revenue generated by company-owned restaurants versus franchised locations could provide a more detailed insight into the potential revenue streams for a franchised Noodles & Company restaurant.