0 Comments
BOULDER, Colo. (June 29) - Noodles & Co., owner of about 90 fast-casual noodle restaurants, confirmed published reports that an initial public offering is possible as early as next year. The company, which will open its first franchised unit in California this summer and had recently inked three deals with area developers to open 74 units during the next seven years, said Noodles & Co. was founded with the intention of going public. "[An IPO] remains top of mind," a company spokeswoman said. "But there is no specific timeline." Next year is a possibility, however, she said. Since announcing the company's franchised area operator program in May 2003, Noodles has signed five franchisees to build 141 units in markets including the Indianapolis area, Michigan and New England. Separately, the company added to its board of directors, tapping former Brinker International chief financial officer Debra Smithart-Oglesby, who will serve a one-year term as the audit committee chair. Smithart-Oglesby is currently president of O/S Partners, an investment capital and consulting firm.

Related Content

Reader Comments

Add a Comment

We welcome your thoughtful comments. All comments will display your real name.

Want to participate in the discussion?

Or log in for complete access.

  • Clear
  • Post
Be the first to post a comment for this story.
Products & Services

Restaurant Sales Builder

http://global.networldalliance.com/new/images/products/4286.png

4286/Restaurant-Sales-Builder

Studio D - Full-Service Design Studio

http://global.networldalliance.com/new/images/products/Studio_D_Logo_100_whitebackground.jpg

1621/Studio-D-Full-Service-Design-Studio

Shredded Beef | Shredded Pork | Shredded Chicken | Burke

http://global.networldalliance.com/new/images/products/ShreddedMeatsThumbNail.gif

1256/Shredded-Beef-Shredded-Pork-Shredded-Chicken-Burke

Features

http://global.networldalliance.com/new/images/products/4541.png

4541/Features

POP Design

http://global.networldalliance.com/new/images/products/4801.png

4801/POP-Design

Planning & Assessment Services

http://global.networldalliance.com/new/images/products/4490.png

4490/Planning-Assessment-Services

Restaurant Décor

http://global.networldalliance.com/new/images/products/1463.png

1463/Restaurant-D-cor

Custom iPhone App

http://global.networldalliance.com/new/images/products/4983.png

4983/Custom-iPhone-App

DriverAdvisor Fleet Monitoring

http://global.networldalliance.com/new/images/products/DriverAdvisor_iix.gif

1425/DriverAdvisor-Fleet-Monitoring

Recipes

http://global.networldalliance.com/new/images/products/cubanmedianochepizza_100.jpg

1917/Recipes

Fast Casual Executive Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.
Infographic: Top 12 Benefits of Digital Menu Boards