Under what condition is the Noodles & Company Buyer deemed to have no Inspection Objections?

According to the 2025 Noodles & Company Franchise Disclosure Document, a buyer is deemed to have no inspection objections when all inspection objections that the seller is obligated to correct have been corrected to the buyer's reasonable satisfaction, or if the buyer has waived these corrections. This condition is part of the broader set of conditions precedent to the obligations of the seller in the agreement.

For a prospective Noodles & Company franchisee, this means that before finalizing the purchase of a franchise, any issues identified during the inspection process that the seller is responsible for must be resolved to the buyer's satisfaction. Alternatively, the buyer has the option to waive the correction of these issues, which would also satisfy this condition.

This clause protects the buyer by ensuring that known defects or required corrections are addressed before the sale is completed, unless the buyer chooses to accept the property as is. It is important for the buyer to conduct a thorough inspection and clearly communicate any objections to the seller to ensure they are addressed or formally waived.