Noodles & Company vs Sam & Louie's N Y Pizza Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Noodles & Company vs Sam & Louie's N Y Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$684,000 - $870,000 | $331,500 - $474,700 |
Franchise Fee |
$35,000 | $25,000 |
Royalty Fee |
5% | 5% |
Advertising Fee |
- | - |
Year Founded |
1995 | 1994 |
Year Franchised |
1995 | 2000 |
Term Of Agreement |
- | 10 years |
Term Of Agreement |
- | 10 years |
Renewal Fee |
- | - |
Business Experience Requirements |
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 | Our ideal franchise partner will have some or most of the following attributes:
�A high energy level
�Good communication skills
�A desire to be in the specialty food/restaurant business
�An understanding of business operations and management principles
�Sales and marketing skills
�Be adequately financed
�A strong desire and ambition to succeed
�Be outgoing in nature and enjoy dealing with people
|
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | *Available at headquarters: 4-6 weeks.
*At franchisee's location: 2-3 weeks.
Our exceptional training program includes both classroom and
hands-on training in critical areas such as promotional activities, food preparation, customer service, administrative duties, problem solving and more. |
Support |
- | Support where you need it
Beginning with your site selection, obtaining equipment and
supplies, pre- and post- grand opening, through day-to-day
operations, Sam & Louie's is with you every step of the way
to help ensure the success and growth of your business. You
will receive a confidential, complete Operations Manual with
periodic updates covering all areas of the Sam & Louie's
system. Our helpful management staff will communicate with
you on an ongoing basis and are available for consultation and assistance on all facets of your operation.
|
Marketing |
- | - |
Operations |
- | *10% of all franchisees own more than one unit.
*Number of employees needed to run franchised unit: 15. *Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators). |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
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 Sam & Louie's N Y Pizza
Do you want to own THE VERY BEST ? Sam & Louie's is ranked in the Top 500
Franchises in United States by Entrepreneur Magazine. We are actively seeking qualified
candidates to become franchise owners in the Midwest. Even if you have no previous
franchising or restaurant experience, Sam & Louie's can help you own your own business.Sam & Louie's specializes in an exciting specialty food concept, the demand for which continues to grow steadily. By
becoming a Sam & Louie's franchisee, you can be part of this exciting and rewarding field.Sam & Louie's is currently experiencing rapid growth both in individual location
sales and in the number of locations.
The Pizza business is booming. Just look at these facts:
*Americans eat approximately 100 acres of pizza EACH DAY, or about 350 slices per second.
*Pizza is a $30+ BILLION per year industry.
Approximately 3 BILLION pizzas are sold in the U.S. each year. (Source: Blumenfeld and Associates.)
*Pizzerias represent 17% of all restaurants. (Source: Food Industry News.)
*Pizza accounts for more that 10% of all foodservice sales. (Source: Food Industry News.)
*93% of Americans eat AT LEAST one pizza per month. (Source: Bolla Wines.)
*66.66% of Americans order pizza for a casual evening with friends. (Source: Bolla Wines.)
*Each man, woman and child in America eats an average of 46 slices, (23 pounds), of
pizza per year. (Source: Packaged Facts, New York.)
*Italian food ranks as the most popular ethnic food in America. (Source: National Restaurant Association.)
*According to a recent Gallop Poll, children between the ages of 3 and 11 prefer PIZZA over all other food groups for lunch and dinner.
*A study done by a U.S. Department of Agriculture statistician and home economist found that in a three-day survey period, 42% of children between the ages of 6 and 11 had eaten pizza. (Source: Smithsonian Magazine.)
*94% of the population of the U.S. eats pizza. (Source: Parade Magazine.)
Sam & Louie's terrific menu
Not only do we have great pizza, but our extensive menu has something for everyone - Pizza, Calzones, Strombolis, Pastas, Hoagies, Burgers, Sandwiches, Salads and Gluten Free options.Sam & Louie's will also provide assistance and, in some cases, have final approval on the following:
*Site selection and lease negotiation
*Layout and design of your restaurant
*Classroom and in-store training
*Use of the Sam & Louie's confidential recipes
*On-going operational and marketing support
*Food and labor controls
*Accounting systems
To find out more about the Sam & Louie's franchise opportunity, please submit the form to the right and you will be contacted.
*This franchise is listed on the FRANCHISE REGISTRY and is eligible to offer expedited loan processing through the U.S. Small
Business Administration (SBA).