What was the total amount of interest paid by Moes Southwest Grill in 2024?
Moes_Southwest_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
l loss associated with this commitment.
12 Accrued Expenses and Other Liabilities
Accrued expenses and other liabilities consists
Source: Item 23 — Receipts (FDD pages 92–334)
What This Means (2025 FDD)
According to Moe's Southwest Grill's 2025 Franchise Disclosure Document, the total cash paid for interest in 2024 was $84,724. This figure represents the actual cash outflow for interest expenses during the specified fiscal year. Franchisees should understand that this reflects the brand's overall debt management and financial obligations.
For a prospective franchisee, this information provides insight into the financial health and obligations of the franchisor. While franchisees are not directly responsible for this debt, the franchisor's ability to manage its debt can impact the support and resources available to franchisees. A high interest payment could indicate a leveraged financial position, which might affect the franchisor's capacity to invest in marketing, training, or other support systems.
It's important for potential franchisees to consider this figure in conjunction with other financial metrics provided in the FDD, such as revenues, expenses, and overall profitability. Comparing the interest paid to the franchisor's revenue can provide a sense of the burden that debt service places on the organization. Additionally, reviewing trends in interest payments over multiple years, as presented in the table, can reveal whether the franchisor's debt burden is increasing or decreasing.