Start-Up Costs and Fees |
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| Noodles & Company | Lilly's Gourmet Pasta Express | |
| Investment | 684000 - 870000 | 185000 - 225000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | ||
| Year Founded | 1995 | 1986 |
| Year Franchised | 1995 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Noodles & Company | Lilly's Gourmet Pasta Express | |
| 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 | Lilly's Gourmet Pasta Express | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
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| Noodles & Company | Lilly's Gourmet Pasta Express | |
| Training | ||
| Support | ||
| Marketing | ||
| Operations | ||
Expansion Plans |
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| Noodles & Company | Lilly's Gourmet Pasta Express | |
| 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 | Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Noodles & Company | |
| Lilly's Gourmet Pasta Express | |
| Franchise Fee | |
| Noodles & Company | |
| Lilly's Gourmet Pasta Express | |
| Royalty Fee | |
| Noodles & Company | 5% |
| Lilly's Gourmet Pasta Express | |
| Advertising Fee | |
| Noodles & Company | |
| Lilly's Gourmet Pasta Express | |
| Year Founded | |
| Noodles & Company | 1995 |
| Lilly's Gourmet Pasta Express | 1986 |
| Year Franchised | |
| Noodles & Company | 1995 |
| Lilly's Gourmet Pasta Express | 2001 |
| Term Of Agreement | |
| Noodles & Company | |
| Lilly's Gourmet Pasta Express | |
| Renewal Fee | |
| Noodles & Company | |
| Lilly's Gourmet Pasta Express | |
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 |
| Lilly's Gourmet Pasta Express | |
Financing Options |
|
| Franchise Fees | |
| Noodles & Company | |
| Lilly's Gourmet Pasta Express | |
| Start-up Costs | |
| Noodles & Company | |
| Lilly's Gourmet Pasta Express | |
| Equipment | |
| Noodles & Company} | |
| Lilly's Gourmet Pasta Express | |
| Inventory | |
| Noodles & Company | |
| Lilly's Gourmet Pasta Express | |
| Receivables | |
| Noodles & Company | |
| Lilly's Gourmet Pasta Express | |
| Payroll | |
| Noodles & Company | |
| Lilly's Gourmet Pasta Express | |
Training & Support |
|
| Training | |
| Noodles & Company | |
| Lilly's Gourmet Pasta Express | |
| Support | |
| Noodles & Company | |
| Lilly's Gourmet Pasta Express | |
| Marketing | |
| Noodles & Company | |
| Lilly's Gourmet Pasta Express | |
| Operations | |
| Noodles & Company | |
| Lilly's Gourmet Pasta Express | |
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 |
| Lilly's Gourmet Pasta Express | Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming |
| Canada Expansion | |
| Noodles & Company | |
| Lilly's Gourmet Pasta Express | |
| International Expansion | |
| Noodles & Company | |
| Lilly's Gourmet Pasta Express | |