#25: Noodles & Company
How Many Stores Closing: ~20
Current Value of the Business: ~$36 million*
Noodles & Company has announced plans to close approximately 20 underperforming restaurants as part of a broader turnaround effort. The fast-casual chain has struggled with declining traffic, higher labor costs, and margin pressure, prompting leadership to reassess its overall restaurant footprint.

The company says the closures are focused on locations that no longer meet profitability targets. Noodles & Company plans to concentrate on menu simplification, pricing adjustments, and operational improvements while maintaining a smaller but more sustainable base of restaurants.
