Captain Tony's vs Noodles & Company Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Captain Tony's vs Noodles & Company including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Captain Tony's Franchise
Noodles & Company Franchise
Investment $197,550 - $389,800$684,000 - $870,000
Franchise Fee $10,000 - $20,000$35,000
Royalty Fee 4.5% w/cap5%
Advertising Fee 2%-
Year Founded 19721995
Year Franchised 19851995
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Captain Tony's Franchise
Noodles & Company Franchise
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

 
Captain Tony's Franchise
Noodles & Company Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/Yes-/-
Payroll No/Yes-/-

Training & Support

 
Captain Tony's Franchise
Noodles & Company Franchise
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

 
Captain Tony's Franchise
Noodles & Company Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Captain Tony's

Michael J. Martella always believed his father's pizza was the best in the world. When the elder Martella, Antonio, opened the first Captain Tony's Pizza & Pasta Emporium in 1972, everyone in the family pitched in. When Michael graduated from college and began a career as a stockbroker, the pizzas he tried as he traveled around the country just didn't measure up to his father's. Realizing they had a superior product and concept, Michael tried to convince his father to expand the company, but Antonio wasn't interested. In 1987, Michael founded Captain Tony's Inc. and began franchising the restaurant. Each Captain Tony's location serves a variety of entrre and dessert pizzas, submarine sandwiches, pastas and salads. The franchise has restaurants in Great Britain as well as the United States.

Seeking new franchisees throughout the U.S. , Asia, Canada, Central America, Middle East, Mexico, Philippines, South America and Western Europe

About Noodles & Company

Here's what we're looking for: * A typical Area Development Agreement requires the build out of 15-20 restaurants in 5-7 years. In certain markets, smaller territories and the criteria for such, will be considered on a case by case basis. * SIGNIFICANT Business Experience -- successful ownership, minimum of 5 years multi-unit restaurant experience in a leadership role * LIVE in the market to be developed -- be committed to personally devoting full-time, best efforts to day-to-day operations * An ENTREPRENEURIAL Spirit -- strong desire to succeed in the restaurant business * RESOURCES AND INFRASTRUCTURE to meet aggressive development schedule -- ability to develop and execute a business plan * REAL ESTATE experience in the market to be developed * PASSIONATE about Noodles & Company: Our food, our staff and our culture -- driven to provide an exceptional dining experience to our guests * SHARED VALUES -- an insatiable learner who's enthusiastic, humble, friendly and driven; willing to become proficient in all asects of running a Noodles & Company restaurant * Ability to meet the FINANCIAL REQUIREMENTS -- net worth of $5,000,000; liquid cash or available assets $2,000,000

The total investment necessary to begin operation of a Noodles & Company restaurant ranges from $684,000 to $870,000. This includes a $35,000 franchise fee that must be paid to the franchisor, but does not include the ongoing cost of buying or renting the business location.
The franchisor also requires a non-refundable development fee of $35,000 for the first Noodles & Company restaurant contemplated to be opened by you and $10,000 for each additional Noodles & Company restaurant you have agreed to open under an Area Development Agreement.