How many Moes Southwest Grill franchise transfers occurred in New Jersey during 2024?
Moes_Southwest_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number Of Transfers |
|---|---|---|
| 2022 | 4 | |
| New Jersey | 2023 | 2 |
| 2024 | 10 |
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 10 franchise transfers in New Jersey during 2024. This information is based on the table titled 'Table No. 2 Transfers of Outlets from Franchisees to New Owners' which tracks such transfers from 2022 to 2024. Franchise transfers occur when an existing franchisee sells their business to a new owner, who then assumes the rights and responsibilities of the franchise agreement.
For a prospective franchisee, a high number of transfers could indicate several things. It might suggest a healthy market for buying and selling existing Moe's Southwest Grill franchises. However, it could also signal potential issues with franchisee profitability or satisfaction, leading them to sell their locations. It is important to investigate the reasons behind these transfers to understand the overall health and stability of the Moe's Southwest Grill franchise system in New Jersey.
Understanding the reasons behind franchise transfers is crucial for making an informed investment decision. A prospective franchisee should inquire with Moe's Southwest Grill about the specific circumstances surrounding these transfers. This includes understanding the financial performance of the transferred locations, the reasons why the previous franchisees decided to sell, and any support or training provided to new owners taking over existing franchises. This due diligence will help assess the risks and opportunities associated with investing in a Moe's Southwest Grill franchise in New Jersey.