Start-Up Costs and Fees |
||
| Noodles & Company | Captain Tony's | |
| Investment | 684000 - 870000 | 197550 - 389800 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 4.5% w/cap |
| Advertising Fee | 2% | |
| Year Founded | 1995 | 1972 |
| Year Franchised | 1995 | 1985 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Noodles & Company | Captain Tony's | |
| Experience | TO BE CONSIDERED AS A CANDIDATE, you or your partnership must meet the following criteria: -Be Passionate about the Noodles & Company Brand -Understand and appreciate our food, team and culture -Driven to provide an exceptional dining experience to our guests -Embrace Shared Values -An insatiable learner who s entrepreneurial, enthusiastic and driven to succeed -Willingness to Become Proficient in all Aspects of Running a Noodles & Company Restaurant -Possess Significant Business Experience -Successful business ownership or a history of business leadership -Demonstrated ability in developing and leading teams, managing operations and delivering financial results -Ability to develop and execute a multi-unit development and operational business plan -Live in and Understand the Market to be Developed -Personal understanding of the market to be developed -Commitment to devote full-time resources and the partnership s best efforts to day-to-day operations -Possess Financial Resources Necessary to Capitalize Your Business For 3 to 5 restaurants Minimum liquid cash or available assets of $1,500,000; net worth $3,000,000 For 5 to 8 restaurants Minimum liquid cash or available assets of $2,500,000; net worth $4,000,000 For more than 8 restaurants Minimum liquid cash or available assets of $3,500,000; net worth $5,000,000 Ability to borrow funds or have access to additional capital to fund development | |
Financing Options |
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| Noodles & Company | Captain Tony's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Noodles & Company | Captain Tony's | |
| Training | On-The-Job Training: up to 168 hours | |
| Support | Purchasing Co-ops Toll-Free Line Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of employees needed to run franchised unit: 5 - 10 100% of current franchisees are owner/operators | |
Expansion Plans |
||
| Noodles & Company | Captain Tony's | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Noodles & Company | |
| Captain Tony's | |
| Franchise Fee | |
| Noodles & Company | |
| Captain Tony's | |
| Royalty Fee | |
| Noodles & Company | 5% |
| Captain Tony's | 4.5% w/cap |
| Advertising Fee | |
| Noodles & Company | |
| Captain Tony's | 2% |
| Year Founded | |
| Noodles & Company | 1995 |
| Captain Tony's | 1972 |
| Year Franchised | |
| Noodles & Company | 1995 |
| Captain Tony's | 1985 |
| Term Of Agreement | |
| Noodles & Company | |
| Captain Tony's | 20 years |
| Renewal Fee | |
| Noodles & Company | |
| Captain Tony's | |
Business Experience Requirements |
|
| Experience | |
| Noodles & Company | TO BE CONSIDERED AS A CANDIDATE, you or your partnership must meet the following criteria: -Be Passionate about the Noodles & Company Brand -Understand and appreciate our food, team and culture -Driven to provide an exceptional dining experience to our guests -Embrace Shared Values -An insatiable learner who s entrepreneurial, enthusiastic and driven to succeed -Willingness to Become Proficient in all Aspects of Running a Noodles & Company Restaurant -Possess Significant Business Experience -Successful business ownership or a history of business leadership -Demonstrated ability in developing and leading teams, managing operations and delivering financial results -Ability to develop and execute a multi-unit development and operational business plan -Live in and Understand the Market to be Developed -Personal understanding of the market to be developed -Commitment to devote full-time resources and the partnership s best efforts to day-to-day operations -Possess Financial Resources Necessary to Capitalize Your Business For 3 to 5 restaurants Minimum liquid cash or available assets of $1,500,000; net worth $3,000,000 For 5 to 8 restaurants Minimum liquid cash or available assets of $2,500,000; net worth $4,000,000 For more than 8 restaurants Minimum liquid cash or available assets of $3,500,000; net worth $5,000,000 Ability to borrow funds or have access to additional capital to fund development |
| Captain Tony's | |
Financing Options |
|
| Franchise Fees | |
| Noodles & Company | |
| Captain Tony's | |
| Start-up Costs | |
| Noodles & Company | |
| Captain Tony's | |
| Equipment | |
| Noodles & Company} | |
| Captain Tony's | |
| Inventory | |
| Noodles & Company | |
| Captain Tony's | |
| Receivables | |
| Noodles & Company | |
| Captain Tony's | |
| Payroll | |
| Noodles & Company | |
| Captain Tony's | |
Training & Support |
|
| Training | |
| Noodles & Company | |
| Captain Tony's | On-The-Job Training: up to 168 hours |
| Support | |
| Noodles & Company | |
| Captain Tony's | Purchasing Co-ops Toll-Free Line Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Noodles & Company | |
| Captain Tony's | Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Noodles & Company | |
| Captain Tony's | Absentee Ownership Allowed Number of employees needed to run franchised unit: 5 - 10 100% of current franchisees are owner/operators |
Expansion Plans |
|
| US Expansion | |
| Noodles & Company | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Captain Tony's | |
| Canada Expansion | |
| Noodles & Company | |
| Captain Tony's | |
| International Expansion | |
| Noodles & Company | |
| Captain Tony's | |