When transferring a Noodles & Company franchise, what information must the proposed transferee's owners provide to Noodles & Company?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
- (c) the proposed transferee must be an entity, and its owners must provide us on a timely basis all information we request; the proposed transferee's owners must be individuals acting in their individual capacities who are of good character and reputation, who must have sufficient business experience, aptitude and financial resources to operate your Noodles & Company Restaurant, and who must otherwise meet our approval;
Source: Item 23 — RECEIPT (FDD pages 99–350)
What This Means (2025 FDD)
According to the 2025 Noodles & Company Franchise Disclosure Document, if a franchisee seeks to transfer their franchise, the proposed transferee's owners must provide Noodles & Company with all information requested by them on a timely basis. The owners must be individuals acting in their individual capacities who are of good character and reputation.
Furthermore, these individuals must demonstrate sufficient business experience, aptitude, and financial resources to successfully operate the Noodles & Company restaurant. Ultimately, the proposed transferee's owners must meet Noodles & Company's standards for approval.
These stipulations ensure that any new ownership maintains the brand's standards and is capable of continuing successful operations. This protects the Noodles & Company brand and the interests of other franchisees within the system.