Noodles & Company
Retail | 6.00% CAP | 2,820 SqFt
Marketing description
Pasta Per Trio, a Michigan-based franchisee of Noodles & Company (Largest Noodles & Company franchisee in the Country), has been serving customers for over 21 years, since its incorporation in 2004. The company operates 17 locations across Michigan, including major markets such as Grand Rapids, Kalamazoo, Holland, Lansing, and Metro Detroit. With a workforce of approximately 300 employees, Pasta Per Trio generates annual revenue of approximately $20M with individual locations averaging $900,000–$1.6 million in sales. The brand’s longevity and regional footprint underscore its strong presence in Michigan’s fast-casual dining sector. Out of the 17 locations, Hall Road Noodles ranks 3rd in sales volume.
Investment highlights
- For Sale at 6% Cap Rate
- Recent 10-Year Lease Extension
- 10-Year Operating History - Opened 2016
- Absolute Net Lease
- #3 in Sales Volume of 17 Units Owned by this Franchisee
- Traffic Counts of 96,300 on Hall Road
- Annual Rent : $107,484 with a 10% Increase in Year 6
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