Noodles & Company finds savings and employee satisfaction with Fleet Management versus Reimbursement Program.

BACKGROUND

Location: Broomfield, CO

Industry: Restaurant

Total vehicles: 130 vehicles

THE PROBLEM

Noodles & Company realized that their competitors were switching from reimbursement plans to fleet management programs. They reached out to Enterprise Fleet Management to understand the benefits of managing a company operated fleet versus are imbursement program, which was proving to be expensive.

THE SOLUTION

Enterprise Fleet Management presented Noodles & Company with a turn-key, cost effective vehicle program. The company was able to take advantage of Enterprise’s manufacturer discounts and offer multiple vehicle options to the company’s employees.

After six years with Enterprise Fleet Management, the program has grown from 30 to 130 vehicles. Each vehicle includes maintenance and fuel programs to alleviate the time and management of all reimbursement expenses. Noodles & Company employees also have the option to drive the company car for personal use by paying a monthly copay. The copay covers all of the vehicle’s associated expenses: car payment, maintenance, fuel, insurance, registration,and taxes.

THE RESULTS

Noodles & Company has saved over $500,000 annually by switching to the fleet management program. Depending on the vehicle, the fleet’s cost per mile can be as low as $0.29 versus the government reimbursement cost of $0.54. The option for employees to purchase their vehicle near wholesale value has also proven to be a great retention tool for the company.

We have found Enterprise Fleet Management to be a great partner in the business, particularly in their responsiveness to our needs, transparency of information, and understanding of business requirements.

Dave Boennighausen, CFO

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