What was the total revenue for Noodles & Company for the fiscal year ended January 3, 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 total revenue for the fiscal year ended January 3, 2023, was $509,480. This revenue is comprised of restaurant revenue, which amounted to $498,359, and franchising royalties and fees, along with other sources, which contributed $11,121.
It is important to note that Noodles & Company operates on a fiscal year that ends on the Tuesday closest to December 31. The fiscal year 2022, which ended on January 3, 2023, contained 53 weeks, while the fiscal years 2024 and 2023 contained 52 weeks.
Prospective franchisees should consider these revenue figures in the context of the company's overall financial performance, including costs and expenses, to assess the profitability and sustainability of the Noodles & Company business model. Understanding the different revenue streams and their relative contributions can help franchisees make informed decisions about their investment and operational strategies.