What was the net change in the number of company-owned Moes Southwest Grill outlets during 2024?
Moes_Southwest_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
es or representatives to make any such representations either orally or in writing. If you receive any other financial performance information or projections of your future income, you should report it to the franchisor's management by contacting the Legal Department, Moe's Franchisor SPV LLC, 5620 Glenridge Drive NE, Atlanta, Georgia 30342, 404- 255-3250, the Federal Trade Commission, and the appropriate state regulatory agencies.
ITEM 20
OUTLETS AND FRANCHISEE INFORMATION
Table No. 1 Systemwide Outlet Summary For Years 2022 to 2024
| Outlet Type | Year | Outlets At The Start Of The Year | Outlets At The End Of The Year | Net Change |
|---|---|---|---|---|
| 2022 | 658 | 636 | -22 | |
| Franchised | 2023 | 636 | 606 | -30 |
| 2024 | 606 | 591 | -15 | |
| 2022 | 1 | 1 | +0 | |
| Company | 2023 | 1 | 6 | +5 |
| Owned | ||||
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, the net change in the number of company-owned outlets during 2024 was a decrease of 1. Specifically, Moe's Southwest Grill started 2024 with 6 company-owned outlets and ended the year with 5. This information is based on the data as of December 31, 2024.
This decrease in company-owned stores could signal various strategic decisions by Moe's Southwest Grill, such as a move towards a franchise-focused model, selling off underperforming company stores, or re-franchising existing locations. For a prospective franchisee, this trend could indicate a greater emphasis on franchisee success and support, as the franchisor's revenue becomes more reliant on franchise operations.
It's important for potential franchisees to investigate the reasons behind this change. Understanding the franchisor's strategy regarding company-owned stores versus franchised locations can provide valuable insights into the overall health and direction of the Moe's Southwest Grill system. Further, it is important to note that the numbers in the table are as of December 31, 2024, December 31, 2023, and December 31, 2022.