Noodles & Company vs Liberty Bagels
Franchise Comparison 2026
Both Noodles & Company and Liberty Bagels are quick-service restaurants franchises. Noodles & Company requires an investment of $669K – $1.4M while Liberty Bagels requires $804K – $1.3M. Noodles & Company discloses average revenue of $1.3M; no Item 19 revenue figure is on file for Liberty Bagels. Note: Reported as net sales, not gross sales. FranchiseVerdict rates Noodles & Company B (Above average) and Liberty Bagels C (Average).
| Metric | Noodles & Company | Liberty Bagels |
|---|---|---|
| Verdict Grade | BAbove average | CAverage |
| Investment Range | $669K – $1.4M | $804K – $1.3M |
| Franchise Fee | $35K | $40K |
| Royalty Rate | 5.0% | 5.0% |
| Average Revenue (Item 19) | $1.3M | N/ACompany-owned only |
| SBA Charge-Off Rate | Limited data | N/A |
| Total Units | 463 | 4 |
| Unit Growth (YoY) | +2 units | +0 units |
| Year Began Franchising | 2003 | 2025 |
| FDD Year | 2025 | 2025 |
Investment Range
$669K – $1.4M
$804K – $1.3M
Franchise Fee
$35K
$40K
Royalty Rate
5.0%
5.0%
Average Revenue (Item 19)
$1.3M
N/ACompany-owned only
SBA Charge-Off Rate
Limited data
N/A
Total Units
463
4
Unit Growth (YoY)
+2 units
+0 units
Year Began Franchising
2003
2025
FDD Year
2025
2025