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May 27, 2014
08:51 EDTNDLSNoodles & Company agrees to acquire sixteen franchised locations for $13.4M
Noodles & Company announced it has entered into an agreement to purchase 16 franchised Noodles & Company restaurants for approximately $13.4M. The acquisition is expected to close in early July. The 16 locations included in the agreement, operated by long-time franchise partner, Sagamore Dining Partners, LLC, are located primarily in the greater Indianapolis area. All of the Noodles & Company restaurants being acquired will remain open for business during the transition.
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