Noodles & Company vs Culver'sFranchise Comparison 2026
Noodles & Company and Culver's represent two different approaches in the QSR space. Here's how they compare on investment costs, fees, revenue potential, and market presence.
Quick Comparison
Side-by-Side Comparison
| Metric | Noodles & Company | Culver's | Difference |
|---|---|---|---|
| Franchise Fee | $30,000 | $55,000 | -45% |
| Total Investment (Low) | $693,000 | $2.6M | -74% |
| Total Investment (High) | $1.5M | $8.6M | -83% |
| Cash Required | $400,000 | $825,000 | -52% |
| Royalty Rate | 5.0% | 4.0% | Higher |
| Advertising Fee | 2.5% | 2.5% | Same |
| Estimated Revenue | $1.1M | $3.7M | -70% |
| Number of Locations | 450 | 960 | Fewer |
| Year Founded | 1995 | 1984 | Newer |
| Training Duration | 5 weeks | 8 weeks | Shorter |
Note: Data sourced from public FDD filings and industry reports. Actual costs vary by location, real estate, and format. Always review current FDD Item 7 and Item 19 disclosures before making investment decisions.
Detailed Analysis
About Noodles & Company
Global noodle dishes from Asian to Mediterranean cuisines. Fast-casual format with fresh preparation.
About Culver's
Midwest-based fast-casual chain famous for ButterBurgers and frozen custard with one of the highest AUVs in QSR.
Investment Comparison
Noodles & Company requires a lower initial investment (avg $1.1M) compared to Culver's(avg $5.6M), making it more accessible for first-time franchisees. However, Culver's may offer higher revenue potential.
Fee Structure
Culver's has lower ongoing fees (6.5% total) compared to Noodles & Company(7.5% total), which means more of each sales dollar stays with the franchisee. Over time, this can significantly impact profitability.
Market Position
Culver's has a significantly larger footprint with 960 locations compared to Noodles & Company's 450. This larger network typically means better brand recognition, more purchasing power, and stronger operational support.
Frequently Asked Questions
How much does it cost to open a Noodles & Company vs Culver's franchise?
Noodles & Company requires an initial investment of $693,000 to $1.5M, while Culver's requires $2.6M to $8.6M. Noodles & Company has the lower average investment at $1.1M.
What are the ongoing fees for Noodles & Company vs Culver's?
Noodles & Company charges a 5.0% royalty plus 2.5% advertising fee (7.5% total). Culver's charges 4.0% royalty plus 2.5% advertising fee (6.5% total). Culver's has lower total ongoing fees.
Which franchise makes more money: Noodles & Company or Culver's?
Based on estimated average unit revenue, Culver's generates $3.7M per location compared to $1.1M for Noodles & Company. However, profitability depends on many factors including local market, operating costs, and management.
How many locations does Noodles & Company have vs Culver's?
Noodles & Company has 450 locations, while Culver's has 960 locations. Culver's has the larger footprint, which typically means stronger brand recognition and supply chain advantages.
Is Noodles & Company or Culver's a better franchise investment in 2026?
Both Noodles & Company and Culver's are established QSR brands with proven models. Noodles & Company offers a lower entry point, while Culver's shows higher average revenue. The best choice depends on your available capital, local market conditions, and personal goals. Always review the current FDD before making investment decisions.
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