In 2023, how many Moes Southwest Grill outlets in New Jersey were terminated?
Moes_Southwest_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at start of year | Outlets opened | Termin- ations | Non- renewals | Reacquired by franchisor | Ceased | Outlets | |
|---|---|---|---|---|---|---|---|---|---|
| operations- other reasons | at end of the year | ||||||||
| New Jersey | 2022 | 31 | 0 | 1 | 0 | 0 | 0 | 30 | |
| 2023 | 30 | 0 | 4 | 0 | 0 | 0 | 26 | ||
| 2024 | 26 | 0 | 3 | 0 | 0 | 0 | 23 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 84–92)
What This Means (2025 FDD)
According to Moe's Southwest Grill's 2025 Franchise Disclosure Document, there were 4 terminations of Moe's Southwest Grill outlets in New Jersey during 2023. At the start of 2023, there were 30 outlets, and after 4 terminations, the year concluded with 26 outlets in New Jersey.
This information is crucial for potential franchisees as it provides insight into the stability and performance of existing franchises within a specific region. A high number of terminations could indicate issues with the market, franchisor support, or franchisee performance. Conversely, a low number of terminations suggests a more stable and successful franchise environment.
Prospective franchisees should investigate the reasons behind terminations to understand the potential risks and challenges associated with operating a Moe's Southwest Grill franchise in New Jersey. Understanding these factors can help franchisees make informed decisions and prepare for potential obstacles.