Healthy noodle brand Neds Noodle Bar is planning to open up to 50 sites in the next five years, specifically targeting millennials looking to take control of their future, existing multi-store owners, and entrepreneurs
The brand states that it is planning to open one store every month, including company-owned outlets and via franchise partners, as it continues to see huge demand for healthier noodles across the world.
The announcement comes as Neds Noodle Bar officially opened its fifth store and second shopping centre site this month at The Marlands Shopping Centre in Southampton. These are the first of 10 planned across the UK this year in an ambitious franchise plan to create 200 jobs nationally. Neds Noodle Bar is continuing to scout new locations for development.
Farhat Abbas, Neds Noodle Bar Property and Development Director, said, “We are excited to open in Southampton. It’s such a promising location because it marks our continued expansion out of London throughout the UK and further south, bringing our brand of healthier noodles with no MSG and gluten-free options to more people. We’re expecting a large demand for new sites. Early interest in Neds Noodle Bar bodes well and within the next 12 months, we will also begin the international rollout.”
A Neds Noodle Bar franchisee pays a one-time franchise fee plus a percentage of sales revenue as royalty and gains tried-and-tested products and services, detailed techniques in running and promoting the business, training of employees, group buying power, and ongoing help.