BROOMFIELD, Colo., Nov 5,
2020 /PRNewswire/ -- Noodles & Company (NASDAQ: NDLS)
today announced that is has hired John Ramsay as vice
president of franchise sales to support the company as they prepare
for growth.
"We are aggressively building a robust development
pipeline, and we plan to advance both our company and
franchise strategies" said Dave Boennighausen, chief
executive officer at Noodles & Company. "We continue to target
at least 10-15 new restaurant openings systemwide in
2021, with a target of at least 7% annual unit growth
beginning 2022. John brings a breadth of experience that
will enable us to take advantage of growth and partnership
opportunities as they arise."
Ramsay comes to Noodles with more than 28 years of experience in
franchise and sales development. He will be critical
in supporting Noodles' restaurant growth initiatives by
recruiting and selecting franchise partners, while also working
with existing franchise partners to build out their
Noodles & Company businesses through multiple restaurant
locations. John will also partner closely with
VP of Franchise Operations Carly
Habein to cultivate strong relationships early in the
partnership process with potential franchise
prospects. Currently, 76 of Noodles 454 locations are
franchise owned and operated with two more slated to open in early
2021.
"As a proven concept, Noodles is uniquely positioned to grow at
this time," said Ramsay. "Noodles has innovated and adapted quickly
to the off-premise experience and offers attractive unit-level
economics for franchisees."
Most recently, John led franchising and development efforts
for Bruxie International, Marco's Franchising,
and Rubio's Baja Grill. In
addition to his franchise roles, John has also worked in
construction and real estate for brands
like Sbarro's, T.G.I. Friday's and Jack in the
Box.
"Franchise growth is a tremendous opportunity for Noodles, and
with John and Carly's leadership, we will be able to accelerate
unit growth while partnering with franchise operators who value our
people culture and dedication to making Noodles the best place to
work in the industry," said Boennighausen.
To learn more about franchising opportunities with Noodles &
Company, please visit www.noodles.com/franchising or
email franchising@noodles.com
Noodles has also hired two experienced real estate
directors, Eric Briggs and Greg Burnthorn, who
bring nearly two decades of combined real estate experience to the
team. They will report
to VP of Real Estate Dawn Rheinlander and
join her in leading restaurant development.
"We believe that Noodles & Company's strengths are perfectly
suited for today's consumer environment, and with these
additions to our company and franchise development teams, we are
even more equipped to take advantage of the opportunity to expand
our footprint throughout the country," said Boennighausen.
"Strength in our most recent class of new restaurants, complemented
by the development of an off-premise oriented, more efficient
prototype, gives us great confidence in the opportunity
to be one of the premier growth stories in the restaurant space in
coming years."
Real estate submission and inquiries can be submitted
to: RealEstateDept@Noodles.com
About Noodles & Company
Since 1995, Noodles & Company has been serving noodles your
way, with noodles and flavors that you know and love to new
ones you're about to discover. From indulgent Wisconsin
Mac & Cheese to better-for-you Zoodles and Other Noodles, the
company serves a world of flavor in every bowl. Made up of more
than 450 restaurants and 10,000 passionate team members, Noodles
was named one of the Best Places to Work by the Denver Business
Journal for its unique culture built on the value of "Loving Life,"
which begins by nourishing and inspiring every team member and
guest who walks through the door. To learn more or find the
location nearest you, visit www.noodles.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995
that involve risks and uncertainties. In some cases, you can
identify forward-looking statements by terms such as "may,"
"might," "will," "objective," "intend," "should," "could," "can,"
"would," "expect," "believe," "design," "estimate," "predict,"
"potential," "plan" or the negative of these terms, and similar
expressions intended to identify forward-looking statements. These
statements reflect the Company's current views with respect to
future events and are based on currently available operating,
financial and competitive information. Examples of forward-looking
statements include all matters that are not historical facts, such
as statements regarding the Company's future financial performance
in light of management changes. The Company's actual results may
differ materially from those anticipated in these forward-looking
statements due to reasons including, but not limited to those
discussed in the Company's filings with the Securities and Exchange
Commission, including in its Annual Report on Form 10-K for the
year ended January 2, 2018. These
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the Company's actual
results, performance or achievements to be materially
different from any future results, performances or achievements
expressed or implied by the statements. Also, the forward-looking
statements contained herein represent the Company's estimates and
assumptions only as of the date hereof. Unless required by
United States federal securities
laws, the Company does not intend to update any of these
forward-looking statements to reflect circumstances or events that
occur after the statement is made.
Media Contact: Danielle
Moore; Press@Noodles.com
Franchise Contact: John
Ramsay; Franchising@noodles.com
Real Estate Contact: RealEstateDept@Noodles.com
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SOURCE Noodles & Company