Downtown restaurant Noodles & Company, located at 405 Market St., has closed. (Photo: Staff)

Downtown restaurant Noodles & Company closed Sunday.

"There's not a lot of foot traffic downtown," franchisee Megan Swartz said Monday afternoon. 

The fast-casual restaurant did well when there were big events downtown, but on a day-to-day basis, there wasn't enough business to sustain it, she said.

Parking around the restaurant—or lack thereof—was also an issue. People don't want to walk five blocks to get noodles, and they don't necessarily want to pay for parking or risk getting a ticket, she said.

The recent changes in metered parking charges also hurt the business, she said. Charges now apply through 6 p.m. instead of until 4:30 p.m., and enforcement recently extended to Saturdays. 

Swartz tried to get a valet system going for the block where her business was, but that didn't work out. 

She gave her employees a few days' notice and has been helping some connect with other job opportunities. 

The downtown market, especially between Fourth and Fifth streets, is just difficult, she said. 

There's been a lot of focus on the Southside, she said. And it might have hurt the business that some people didn't realize she was a local franchisee, she said. 

"I've tried really hard to show people I'm a local business owner," she said. 

Click here to read an article from when the restaurant opened. 

The restaurant did "go out with a bang" with a busy weekend for Head of the Hooch, she said. 

And she's not ruling out the possibility of opening another store somewhere else in Chattanooga.