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| Brand | The Brass Tap Full-Service Restaurants Remove | Noodles & Company Full-Service Restaurants Remove |
|---|---|---|
| Vitals | ||
Investment range | $793K – $1.3M | $669K – $1.4M |
Liquid capital | $20K – $40K | $0 – $56K |
Franchise fee | $25K | $35K |
Royalty rate | 5.0% | 5.0% |
Ad fund rate | 2.0% | 0.0% |
| Performance | ||
Avg gross sales | $1.4M | $1.3M |
Median gross sales | $1.3M | $1.2M |
Avg owner earnings Metric varies by brand. Check type below | N/A | $142K |
Earnings metric | Not classified | EBITDA |
| Risk | ||
Rating | ATop Quintile | ATop Quintile |
Risk score | 51 / 100 | 30 / 100 |
SBA charge-off rate | 6.1% | 0.0% |
SBA loans on record | 58 | 6 |
| Scale | ||
Total units | 53 | 463 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 7.5% | 4.8% |
| Contract | ||
Initial term (years) | 10 | 20 |
Renewal term (years) | 5 | 10 |
Initial training (hrs) | 231 | 517 |
| Contacts | ||
Franchisee phones | 49 | 24 |
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