Is Moe's Southwest Grill a good franchise to buy?
Moe's Southwest Grill is ranked #219 in the Franchise 500! Moe's Southwest Grill is a fast-casual restaurant serving southwestern items such as burritos, tacos, nachos and quesadillas.
How many restaurants does Moe's have in the US?
STRONG BRAND AWARENESS Launched in 2000, we've grown to more than 650 restaurants in 40 states. SIMPLE, CUSTOMIZABLE MENU Just 20 ingredients can be turned into any amazing creation your fans crave. SUPPORT PROVIDED BY INDUSTRY LEADERS Franchise support provided by Moe's and Focus Brands®, a leading developer of iconic, global foodservice brands.
Why choose Moe's?
"MOE’S HAS RECENTLY MADE SIGNIFICANT STRIDES IN ITS MODERNIZATION, MAKING SURE THAT WE PROVIDE A SEAMLESS ONLINE ORDERING EXPERIENCE, UPDATED INTERIORS WITH ENGAGING IN-STORE GRAPHICS SHOWING OUR BOLD PERSONALITY AND A NEW LOGO, ALL WHILE SERVING THE SAME DELICIOUS FOOD OUR GUESTS CRAVE. THIS IS A BRAND I AM EXCITED TO GROW WITH INTO THE FUTURE.
How long does it take to eat at Moe's?
Welcome To Moe's! From the moment your fans walk through the door, they'll appreciate the family friendly atmosphere and variety of craveable, customizable menu items. About three and a half minutes is all that stands between each fan and a delicious meal.
What is Moe's Southwest Grill?
Moe's Southwest Grill is a fast-casual restaurant serving southwestern items such as burritos, tacos, nachos and quesadillas. Many menu items have names inspired by popular movies and television shows. Moe's was founded by Raving Brands in 2000 and joined Focus Brands, franchisor of Auntie Anne's, Carvel, Cinnabon, and Schlotzsky's, in 2007.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
What does absentee ownership mean?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
What is franchise investment?
Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.
How long is a franchise agreement?
20 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
How to choose a franchise?
Choosing A Franchise Versus Starting Your Own Restaurant 1 Successful franchises have worked out a lot of details so you don’t have to 2 Customers trust franchised operations because they are designed to be consistent 3 Lenders prefer funding franchised systems due to reduced risk 4 As the franchise system grows larger, so does the value of your business 5 The success rate of franchised business is greater because you have professionals to help solve problems 6 Your cost of goods, supplies, and advertising are lower due to volume buying efficiencies 7 You are a part of a family of fellow operators 8 Menus, portions, and suppliers are all continuously researched to maximize profitability 9 Site selection, opening guidance, initial training, and advertising are part of the franchise fee
Why is the success rate of franchised businesses greater?
The success rate of franchised business is greater because you have professionals to help solve problems. Your cost of goods, supplies, and advertising are lower due to volume buying efficiencies. You are a part of a family of fellow operators.
Why do people want to own their own business?
Most of you want the ability to increase your earning power, maximize job security, control you quality of life, have long term equity, or to own a family business.
