Noodles & Company vs Lilly's Gourmet Pasta Express Franchise Comparison

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

Start-Up Costs and Fees

 
Noodles & Company Franchise
Lilly's Gourmet Pasta Express Franchise
Investment $684,000 - $870,000$185,000 - $225,000
Franchise Fee $35,000$25,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 19951986
Year Franchised 19952001
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Noodles & Company Franchise
Lilly's Gourmet Pasta Express 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

 
Noodles & Company Franchise
Lilly's Gourmet Pasta Express Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Noodles & Company Franchise
Lilly's Gourmet Pasta Express Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Noodles & Company Franchise
Lilly's Gourmet Pasta Express Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

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.

About Lilly's Gourmet Pasta Express

The Proof is in the Pasta!
Lilly's Gourmet Pasta is a family owned and operated quick-service restaurant with superb pasta dishes, a superior business system, a tradition of quality and excellence, and an absolutely outstanding franchise opportunity for you. If you have ever found yourself looking for an alternative to the usual casual dining options, then you understand why Lilly's Gourmet Pasta Express is being met with such a great response. Now you can be a part of the newest opportunity in dining and share this with others in your city. Go beyond the ordinary to the extraordinary as part of the Lilly's Pasta Express franchise system. Imagine the Pastabilities! * Pasta's Popular. Pasta is a $3.7 billion per year business and is eaten by 77% of consumers at least once per week. * Fresh Pasta Choices. It all starts with fresh and mouth watering pasta. * Savory Sauces. Topping off the fresh pastas is your choice of twenty one "Hall of Fame" sauces. * A Healthy Alternative. Lilly's focus on healthful, nutritional alternatives to "fast food" Lilly's fills a growing market need. * Proven System. Join the family that has been in the gourmet pasta business for over twenty years and be a part of our proven system. * Limited Competition. While pasta is a staple of the American diet, there is not another franchise that focuses on pasta as the primary product. This focus on the pasta makes Lilly's franchisees unique in the market. Looking to be a part of a unique opportunity? Do you want to be a part of the quick service restaurant with a franchise that stands out from the crowded competition in the pizza and sandwich business? Lilly's Gourmet Pasta Express may be the ground floor opportunity you have been looking for.