Noodles Development, Franchisor of Nothing but Noodles is Nothing but Rip Off. The Art of Fraud. Oodles of Lies and Deception. nothingbutnoodles.com
Noodles Development, Nothing but Noodles, Oodles-The Art of Fresh
14500 N. Northsight Blvd. Suite 216
Scottsdale, AZ 85260
Partners: Chad and Erica Everts, 602.881.0388 email@example.com
Todd and Amanda Welker, 480.226.0697 firstname.lastname@example.org
Nothing but Noodles and its principal owners Chad Everts and Todd Welker have created the franchise industries latest Ponzi scheme. It is the same song but different birds and good honest hard working people are being defrauded and harmed daily by loosing their life savings.
I should know because as a current franchisee of the concept I am stuck with not a very bright future facing bankruptcy. Chad Everts and Todd Welker are master manipulators telling you what you want to hear only to collect the upfront franchise fees only to never hear or see them again. They have somehow managed to lie and deceive and maintain thirty something franchisees to buy into their scheme. All the while they keep signing up new franchisees and collecting Area Development fees and royalties as their franchisees are closing units at a rate of 25% of the total existing units per year.
The average unit needs to produce around $75,000.00 per month just to break even and latest reports show that only the top ten are barely exceeding that mark. The average life of a unit to survive looks like it is going to be two to three years unless the owner has deep pockets to fund the unit until their lease expires just to avoid bankruptcy. Meanwhile Chad Everts and Todd Welker collect royalties.
Their game is as long as they keep bringing in new Area and Unit Developers to replace the stores that close they fund their exorbitant lifestyles. They could care less because at the current level of thirty something franchisees they are generating $1,500,000.00 in royalties. So if they close eight units and open eight more their level of income stays the same. Never mind that the franchisees are loosing thousands each month just to stay open until closing their units loosing on the average $700,000.00 plus each. Most face bankruptcy and their credit ruined for life with out so much as a peep from the Dynamic Noodle Duo of Chad Everts and Todd Welker. Because they continue to collect 6.5% royalties off the gross and will resort to threats and lawsuits to ensure that they continue to receive those royalties. They promote 250 plus units sold for the last three years when in fact no where near that number will ever be developed.
I wish I would have asked if the concept is so great why they only have one corporate store. I find out a year later that the Nothing but Noodles one and only corporate store sales are one of the lowest in the system.
They told me it is because their moto is, By Franchisees for Franchisees. They set it up that way because they want to help us the little guy and they were experienced franchisors. Again, after the fact I found out that both Chad Everts and Todd Welker have franchise experience alright, they have a string of failed partnerships, lawsuits and closed franchised units behind them in New Mexico and Texas. Must be where they learned their current scam.
In fact, I have since found out that not only do they have a string of failed business relationships but a string of failed personal relationships as well. The fact is that the Dynamic Noodle Duo destroys every relationship they encounter. Probably due to chemical dependency. Chad Everts has tried to manage his problems by self-medication, cocaine is the drug of choice - it is also a great diet aid for his wife Erica. Helps them run the streets of lifestylelounge.com as TeamScottsdale.
Todd Welker has tried to manage his problems by self medication, alcohol is the drug of choice it is also a good mix with the prozac his wife Amanda needs as she screws the local Scottsdale, AZ yoga guru on a daily basis.
The reason the Dynamic Noodle Duo can't keep a business or personal relationship, their only lover is the almighty dollar. There is nothing sacred, they will say or do anything for a greenback... they pimp and promote their lies to their, family, employees, vendors, friends and franchisees to make sure it does not interfere with their false sense of who they are or what they want.
Everything is great when you are looking into the concept. They wine and dine you, insinuate and provide false sales data, give you franchisees to talk with whom are the only five in the system of thirty something that are making money. I wish I had taken the time to investigate more and talk to each and every current and past franchisees but the Dynamic Noodles Duo are so well versed in promoting that I was regrettably duped. Hindsight tells me that if I would have talked to all the current and past franchisees in the system I would have never became a franchisee and fell victim to this Nothing but s**t scheme. This concept has no brand identity, loyalty or staying power. I heard that when they were putting this concept together they went dumpster diving and stole the concept, ideas, menus and plans of the successful Denver based Noodles and Company. Nothing but Noodles a Rip Off from the start.
Let's face it, what attracts people to a franchise is not to have the high cost of getting started in a business, which includes the time it takes to learn the business, and franchising is supposed to reduce the risk of failure. Look at the motto you constantly see from Noodles Development: "You are in business for yourself but you are not by yourself." I have never seen Chad Everts or Todd Welker step foot in my store. They only send the latest Director of the Month to tell me to wear clean uniforms and my sales will increase. How about using some of those royalties to promote the brand? Not seen it happen in two years, do not expect it to see now.
It is bad enough that franchisors in general sell this lie by building up misleading statistics and cleverly hiding the awful truth of failure. But the really bad franchisors such as Noodles Development actually want you to fail. They sell you an area knowing you will not be able to build out as per the agreement. They then demand you send additional franchise fees or they are going to sell your territory to someone else, sue you when you fail and then resale the territory over again when you default. NICE GUYS!!
Noodles Development and Nothing but Noodles bullies average people that simply cannot afford the legal help needed to fight the fraud and will spend hundreds of thousands of dollars to crush opposition. There is one way, and that is for several franchisees to band together to spread the cost among the members of the group. Another way is to be sure to write a Rip-Off Report and file it with www.rip-offreport.com so others do not fall victim.
In the book the Franchise Fraud, which I wish had read before buying a Noodles franchise, the author said that franchisees should unite to find justice in the courts. Simply put, the scams were too slick for courts and law enforcement to understand. The author, Robert Purvin, should know what he is talking about because he is a lawyer who represents franchisees. The only way is to band together in a class action lawsuit and put a stop to the fraud before others are harmed.
The FTC requires franchisors to disclose the names of former owners. But only for the preceding 12 months. Even then, it is very difficult to locate these former franchisees. It is virtually impossible for a potential franchisee to make an accurate assessment of the viability of the franchise business through this examination.
In addition, and listen to this, Noodles Development, Nothing but Noodles does not consider a store to have failed unless it actually closes its doors. So, if the store remains open for three years and during that time has had three owners, two of whom went broke and the third is close to it, that store is not counted as a failure. To most people, that was really at least an 80% failure rate. The FTC permits this type of misrepresentation, and that is why the public sees franchisors give such outrageous numbers as 97% success rate. Keep this in mind with Nothing but Noodles because they have in four years an incredible number of closed, sold and resold franchises.
The Dynamic Noodles Duo has designed and runs this concept so poorly that the operation of a unit makes it impossible to succeed. We are told to change paint colors, signs, cups, menu boards and equipment every three months. Noodles Development has some of the highest turnover rate of employees I have ever seen. When the franchisee goes broke, the Dynamic Noodles Duo are masters at convincing the poor franchisee it was his own fault, and then offer to save the day by re-selling the franchise. In this process many of my fellow franchisees lost their entire life savings, their retirement money, and even their homes that they mortgaged to try to keep their Nothing but Noodles afloat. The tragic stories of bankruptcy and broken homes because the marital partners could not stand the strain created by the Noodles Development franchise. What offer of help do Chad Everts and Todd Welker send when you loose everything, a lawsuit when you close attempting to collect royalties on the eight years left on your ten year agreement One past salesman at Nothing but Noodles who later became my friend was so distraught with the lies Noodles Development presented that he took his own life. Rest in Peace Steve.
If you do or say anything they do not like or approve of they blackball you with out even an explanation, and although you are paying them thousands a month in royalties for support, branding and marketing and all you receive is complaints about your loyalty to the company and a lawsuit if you fail to conform.
Not only does Noodles Development drive their franchisees to the brink of financial disaster, and beyond, they convince (or try to convince) them it was their own fault; they protected themselves with their franchise document. This document is so one sided and the Dynamic Noodles Duo has no problem dragging you into court to protect their way of life. Just read the UFOC and see for yourself the debt they are in all the while collecting millions in royalties. But really look at what is not in the document as they fail to properly report, hiding of failed business and personal relationships, string of lawsuits, franchised units closed, units on the brink of failure, lack of ethics, morals and character and you will quickly look elsewhere to invest your hard earned dollars.
Please be very aware of Noodles Development, Nothing but Noodles, Oodles-The Art of Fresh, Chad Everts and Todd Welker as they play ruthless games. Be sure to contact the Securities & Exchange Commission, the Federal Trade Commission and your State Attorney Generals Office if you have been defrauded, are owed money or before you give them any money. I believe they are months behind on financial obligations and even some states where they are not allowed to sell and/or resell a franchise in. Many states they do not bother to even register with authorities.
They are even making plans as of this writing to change the name of the concept because of unit closings and failures to, Oodles, The Art of Fresh.
If you are an existing Nothing but Noodles Franchisee I am sure this all sounds too familiar and if you feel as duped as I please take the time to send in a report. I truly regret being part of Noodles, Nothing but s**t or Oodles, The Art of Fraud. Hopefully by speaking out others will not fall victim to this Ponzi scheme.
Just do more research and you will find you can do it yourself or select a reputable concept and save yourself a lot of money. Good Luck and God Bless!
MR Ripped Off Noodle