Noodles inks major deal with new California franchisee
BROOMFIELD — Noodles & Co. (Nasdaq: NDLS) has a new deal with Warner Foods that designates that company, which operates more than 150 Jack in the Box, Black Bear Diner, and Panera Bread restaurants, Noodle’s exclusive franchise partner in California.
Operating as NorCal Noodles LLC, Warner Foods will take on 15 company-owned Noodles locations and has committed to opening 40 new restaurants.
The franchise deal is expected to close this week. Financial terms were not disclosed.
“We are excited to add Noodles to our portfolio of brands,” Warner Foods partner Eddie Nieves said in a prepared statement. “Noodles is one of the strongest…
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