Franchise Facts Report

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Noodles & Company franchise — is it worth it?

Quick-service restaurant · FDD-based assessment · registered 2026

Medium risk Shrinking network Item 19 disclosed

Noodles & Company is a quick-service restaurant brand with a disclosed Item 19, showing average net sales over $1.3 million and average EBITDA over $160,000 for company-owned stores.

Everything below is free, read straight off Noodles & Company's registered filing. The $99 report is the part a single FDD can't give you: the earnings figures themselves, and where every number lands against quick-service restaurant peers.

Get the full report — $99what's inside ↓
Total initial investment
$35,000 – $35,000
Top quartile for quick-service restaurant · median $614,375
Initial franchise fee
$35,000
FDD Item 5
Royalty
5%
FDD Item 6
Item 19 earnings
Disclosed
figures locked
Litigation (Item 3)
1 case
in Item 3
Outlet network
83 units
-9 last year
The full Noodles & Company report — $99

The numbers above tell you what Noodles & Company discloses. The report tells you whether that's good:

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Figures above are as disclosed in Noodles & Company's most recent FDD (registered 2026). Source: Wisconsin Dept. of Financial Institutions — Franchise Registration · filing 641091 — check it yourself. The Item 19 figures, where each number ranks against peers, and the litigation & churn detail are in the full report.

How much does a Noodles & Company franchise make?

Noodles & Company is one of the franchisors that answers this on the record: its most recent FDD makes an Item 19 financial performance representation — actual unit earnings figures, disclosed by the franchisor itself. The average revenue Noodles & Company reports, what that figure does and doesn't include, and where it ranks against quick-service restaurant peers are in the full report. See every quick-service restaurant brand that discloses earnings in the Fast food & quick-service restaurant franchises with disclosed Item 19 earnings ranking.

Noodles & Company franchise profit vs. revenue

Revenue is not profit. An Item 19 almost always reports sales — what a location takes in — not what an owner keeps. Out of that number come Noodles & Company's 5% royalty, the ad fund, rent, payroll, supplies and debt service. No FDD tells you a Noodles & Company franchise's profit, because profit depends on your site, your rent and how you run it — so treat any "Noodles & Company franchise profit" figure quoted elsewhere as someone's estimate, not a disclosure. The full report sets Noodles & Company's disclosed revenue against its total ongoing fee load, so you can see what that revenue has to cover before anything reaches you.

Noodles & Company lawsuits & legal history (FDD Item 3)

Noodles & Company's most recently filed Franchise Disclosure Document (2026) does disclose 1 legal proceeding in Item 3 . Item 3 is the item where a franchisor must put its material legal history on the record. Two things it is not: it covers the franchisor and its predecessors, parents and affiliates, so a disclosed case is not necessarily a suit against Noodles & Company itself; and a disclosure is a fact, not a finding of wrongdoing — most entries are contract disputes with former franchisees, which every large system accumulates. The full Noodles & Company report lists each case with what it was about and how it ended, separates franchisee disputes from corporate and securities matters, and flags the ones a franchisee started — the split that actually matters, because franchisees suing their franchisor is the signal a buyer is looking for.

Noodles & Company closures & failure rate

Before you sign, Noodles & Company will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what Noodles & Company's most recent filing shows, and whether it's normal for a quick-service restaurant of this kind.

The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. Noodles & Company's latest tables show a shrinking franchised network — more units left than opened. The actual closure and termination counts, and how Noodles & Company's churn ranks against quick-service restaurant peers, are in the full report.

The full Noodles & Company report — $99

The Item 19 earnings figures, every number ranked against quick-service restaurant peers, and the litigation and churn detail — delivered instantly, yours to keep.

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Quick-service restaurant franchises at a similar investment level

Anyone weighing Noodles & Company is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.

Koibito Poke$2,000 – $10,000 · Item 19 disclosedEarl of Sandwich$28,000 – $80,000Hardee's - SLA$57,000 – $97,000 · Item 19 disclosedDog Haus Worldwide, LLC (Remote Kitchens)$99,612 – $212,900 · Item 19 disclosedChester's$27,500 – $296,500Chicken Guy!$123,000 – $205,000CHESTER'S®$27,500 – $306,500Pizza Man$162,850 – $178,500Noori Chicken$298,500 – $520,000Nozzleman Pizza Restaurants$222,000 – $910,000Noble Chicken$449,750 – $698,342Nick the Greek$417,750 – $875,500 · Item 19 disclosed

Noodles & Company franchise — frequently asked

How much does a Noodles & Company franchise cost?

Noodles & Company's most recently filed FDD (Item 7) puts the total estimated initial investment at $35,000 – $35,000, with an initial franchise fee of $35,000 and a 5% royalty. That price is the franchisor's own estimate of what it takes to open, not a quote. The full report breaks down every fee line and benchmarks it against quick-service restaurant peers.

How much profit does a Noodles & Company franchise make?

Noodles & Company discloses unit earnings in Item 19, but that figure is revenue — sales — not profit. Royalties (5% of gross for Noodles & Company), the ad fund, rent, payroll and supplies all come out of it, and no FDD discloses what an owner nets. Any Noodles & Company franchise profit number quoted elsewhere is an estimate. The full report shows the disclosed revenue against the full ongoing fee load it has to cover.

Does Noodles & Company disclose financial performance (Item 19)?

Yes — Noodles & Company reports unit-level earnings in Item 19. The full report shows the actual revenue figures and how they rank against quick-service restaurant peers.

Are there lawsuits against Noodles & Company?

Noodles & Company's most recently filed FDD (2026) discloses 1 legal proceeding in Item 3. Item 3 covers the franchisor, its predecessors, parents and affiliates — so a disclosed case is not necessarily a suit against Noodles & Company itself, and a disclosure is not a finding of wrongdoing. The full report lists each case, separates franchisee disputes from corporate and securities matters, and flags the franchisee-initiated ones.

Is Noodles & Company a good franchise to buy?

Nobody can answer that from Noodles & Company's numbers alone — it comes down to how its investment, earnings, litigation and franchisee churn stack up against quick-service restaurant peers, which is what the full report is for. Our read on this filing is medium risk, stated free above. For $99 you get the figures driving that read, the actual Item 19 earnings (disclosed in this FDD), where every figure ranks against peers, and the specific questions to ask the franchisor before you sign.

Decide with the numbers — $99

A Noodles & Company franchise is a $35,000 – $35,000 decision you make once, on a ten-year agreement, usually with a personal guarantee behind it. For $99 you get an independent read of the document that decides it: the actual Item 19 earnings, every figure ranked against quick-service restaurant peers, the litigation split into franchisee and corporate matters, the churn behind the outlet count — and the questions to put to the franchisor before you sign. If it tells you nothing new, reply within 14 days and we'll refund it.

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Get a free email when something changes on Noodles & Company or quick-service restaurant: a new FDD registration, a new lawsuit, an outlet count that shifts, or Item 19 earnings going from undisclosed to disclosed. Pulled straight from the same registries every report is built on.

This report compiles and structures publicly filed Franchise Disclosure Document (FDD) data from state franchise registrations. It is not legal, financial, or investment advice, is not affiliated with or endorsed by any franchisor, and does not replace reading the full FDD or consulting a franchise attorney or accountant. All figures are as disclosed by the franchisor in its most recent registered FDD. Item 19 financial performance representations are made at the franchisor’s option and may be absent or limited.