Noodles & Company is a fast casual restaurant chain based in Broomfield, Colorado. Its menu features international and American noodle dishes, as well as salads and soups. Aaron Kennedy founded the company in 1995. In 2013, the company went public. As of 2017, the company generated $457 million in revenue.
Chicken Noodle Soup
A delicious bowl of homemade chicken noodle soup is a welcome change of pace from your typical meal. The chicken thighs and breasts add a meaty, savory flavor, while the vegetables and garlic add a fresh, zesty undertone. The soup’s base is chicken broth, and bay leaves and chopped parsley add a touch of freshness at the end. To thicken the soup, stir in cornstarch.
If you’d like to add a few fresh herbs, you can add these to the soup as well. Depending on your needs, you may want to add a few carrots and additional chicken. Add a pinch of garlic salt, if you like.
It may also contain vegetables such as potatoes, carrots, and celery. You can choose a different shape of egg noodles to add variety and flavor. For a hearty, filling meal, chicken noodle soup is a popular comfort food. When you’re feeling under the weather, try a bowl of chicken noodle soup to get some extra nutrients.
Noodles and company is a national fast-casual chain serving noodle dishes with a global flavor and fresh ingredients. The company will test a second model of ghost kitchens in Chicago in May 2021. The ability to serve noodle-centric dishes will allow the company to expand into new markets and reach a larger consumer base. This concept is particularly appealing to millennials who are more willing to try new things.
For Noodles & Co, ghost kitchens allow them to test new menu items and reach an even further-ended customer base. These restaurants are less expensive to run, and the company doesn’t need to invest in high-end equipment and staffing to open one.
The new San Jose ghost kitchen accepts online orders and offers delivery through third-party delivery providers. Ghost kitchens are one of the fastest growing ways for restaurants to expand their footprint without spending any money. With Noodles Rewards, members can enjoy discounts and benefits. They can also access special menu items through the Noodles Rewards app.
Noodles & Company has won countless awards for its food, service, and workplace. The company has even received numerous honors for its work, including Forbes Magazine’s 100 Most Trustworthy Companies in America and Eat This Not That’s 35 Hottest Restaurants in America. Parents Magazine has named it one of the best family-friendly restaurants in the world. Its CEO has been hailed as a Denver-based legend.
To protect your pasta business, you must have a legal business structure. LLC, corporation, and partnership are all valid business structures. Forming your pasta business in a legal way protects you from lawsuits. You can choose to form your LLC yourself or hire a registered agent. Most LLC formation packages include one year of registered agent services for free. To save money, you can also act as the registered agent. In either case, you will want to make sure that your LLC is registered with the right state.
A successful pasta business requires a physical location. For a storefront, you typically need a Certificate of Occupancy (CO). This confirms compliance with zoning laws, building codes, and government regulations. You will usually work with a landlord to obtain a CO, but if you’re starting out on your own, you might have to apply for one. If your lease requires a CO, make sure to include provisions in the contract that allow you to delay payment until you get one.
The Monterey Pasta Company continued its success in Northern California and attracted the attention of wealthy restaurateur Lance Mortensen. Mortensen had made his fortune retailing and manufacturing aquatic equipment. He had built several fully furnished mansions in the San Francisco Bay area, and had grand plans for Monterey Pasta Company. Mortensen convinced the Monterey Pasta Hills to give him strategic oversight. He was appointed CEO and chief financial officer in 1995.
In the United States, Monterey Pasta products were sold in nearly 9,000 retail outlets in 2003. This included stores in the United States, Canada, Mexico, the Caribbean, Taiwan, Japan, and the Caribbean. The company is also found in Wal-Mart Supercenters, Safeway, and Raley’s. The company is now a successful pasta business, even if it is still too dependent on Costco and Sam’s Clubs for most of its business.
Noodles & Company, a national fast-casual concept serving globally-inspired and fresh-to-order fare, is testing new salads in select locations. The salads feature unique flavor combinations and are lighter alternatives to heavier entrees. The salad menu at Noodles & Company is a great way to get a quick lunch or to support your health and fitness goals. Here are a few of the options:
The chicken Veracruz salad contains 680 calories and contains eight grams of saturated fat, while having just 28 grams of carbohydrates and 41 grams of protein. This dish also has a whopping 1,570 mg of sodium. You can even choose from two soups to accompany your salad at Noodle & Company. The chicken noodle soup has about 360 calories, 32 grams of carbohydrates, 30g of protein, and a little over 1,500 mg of sodium.
The salads on the Noodles & Company menu are a fantastic way to balance the noodle menu. The restaurant features a variety of salads, soups, and grilled meats. You can choose one to share with friends or family. The restaurant is known for its healthy ingredients and believes in treating employees well and the environment. They also have a dedicated allergen menu for people with allergies. There’s something for everyone here, whether it’s vegetarian, vegan, or gluten-free.
If you’re looking for a fast lunch, then Noodles & Company is the perfect place for you. In 2012, the company had a turnover of about $300 million. The company offers pasta meals, sandwiches, soups, and salads.
Noodles has been honing its off-premise strategy over the last year and recently announced plans to roll out ghost kitchen operations in January and company-owned off-premise-only restaurant units in Q1 2021. In October, the company announced plans to deploy drive-thru pickup windows on 70% of new units. In Q3 2020, digital sales rose 151% and accounted for 61% of total revenue. The company is still grappling with how to grow its business in the face of a challenging environment.
To achieve its growth targets, Noodles & Company has incorporated Pathways to Black Franchise Ownership program, aiming to create 100 Black-owned franchise restaurants by 2023. In the past, Lukach had worked for companies such as luxury fitness brand Equinox and apparel brand Abercrombie & Fitch. He learned that customers of restaurants are fickle and trade-in more frequently than consumers of apparel. As a result, he developed a growth strategy that incorporates franchise model and a more diverse workforce.
While Noodles reported $125.1 million in revenue for Q1 2019, sales at its company-owned restaurants increased by 6%. Comp restaurant sales rose 6.4 percent, despite a decline in store count and global pandemic. Its cost of goods sold rose to 28 percent from 25 percent a year ago, a higher than average level of profit margin. This new noodle has the same texture as traditional linguine while containing 56 percent less carbohydrates and 44 percent more protein than a traditional wheat noodle.
Investors should consider Noodles & Company because its one-day gain is indicative of an attractive long-term growth stock. If the company can continue to grow its restaurant footprint and increase same-store sales, it could have a bright future ahead. But to reap the rewards, Noodles & Company must be able to maintain its current level of same-store sales growth. The Motley Fool has no position in any of the stocks mentioned.