What were the operating lease costs for Moes Southwest Grill for the fiscal year ended 2024?
Moes_Southwest_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
st expense, net through the anticipated repayment date utilizing the effective interest rate method.
Future Principal Payments on Long-Term Debt
The annual principal payment requirements for Long-term debt based on the anticipated repayment dates of the S
Source: Item 23 — Receipts (FDD pages 92–334)
What This Means (2025 FDD)
According to Moe's Southwest Grill's 2025 Franchise Disclosure Document, for the fiscal year ended 2024, the operating lease costs were $15,590 and the variable lease cost was $3,516. The total operating lease costs amounted to $19,106.
These figures represent the expenses Moes Southwest Grill incurred for leasing properties and equipment necessary for its operations. Operating lease costs typically cover the base rent for the restaurant locations, while variable lease costs may fluctuate based on factors such as sales performance or other operational metrics.
A prospective franchisee should consider these costs when evaluating the financial viability of a Moes Southwest Grill franchise. Understanding the breakdown between fixed operating lease costs and variable lease costs can help in forecasting expenses and managing cash flow. It's also important to note that these figures reflect the franchisor's costs and may not directly translate to the costs a franchisee will incur, as lease terms and arrangements can vary.