What was the total number of Moes Southwest Grill franchise transfers across all states in 2023?
Moes_Southwest_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
Outlets | 2023 | 637 | 612 | -25 | | | 2024 | 612 | 596 | -16 |
Table No. 2 Transfers of Outlets from Franchisees to New Owners (Other than the Franchisor) For Years 2022 to 2024
| State | Year | Number Of Transfers |
|---|---|---|
| 2022 | 0 | |
| Alabama | 2023 | 2 |
| 2024 | 9 | |
| 2022 | 0 | |
| Arkansas | 2023 | 0 |
| 2024 | 5 | |
| 2022 | 1 | |
| Florida | 2023 | 18 |
| 2024 | 2 | |
| 2022 | 2 | |
| Georgia | 2023 | 10 |
| 2024 | 8 | |
| 2022 | 0 | |
| Kentucky | 2023 | 0 |
| 2024 | 0 |
| State | Year | Number Of Transfers |
|---|---|---|
| 2022 | 1 | |
| Indiana | 2023 | 6 |
| 2024 | 0 | |
| 2022 | 0 | |
| Massachusetts | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 0 | |
| Mississippi | 2023 | 1 |
| 2024 | 0 | |
| 2022 | 4 | |
| New Jersey | 2023 | 2 |
| 2024 | 10 | |
| 2022 | 1 | |
| New York | 2023 | 0 |
| 2024 | 17 | |
| 2022 | 0 | |
| North Carolina | 2023 | 0 |
| 2024 | 5 | |
| 2022 | 1 | |
| Ohio | 2023 | 4 |
| 2024 | 0 | |
| 2022 | 0 | |
| Pennsylvania | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 0 | |
| South Carolina | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 1 | |
| Tennessee | 2023 | 3 |
| 2024 | 2 | |
| 2022 | 1 | |
| Virginia | 2023 | 0 |
| 2024 | 2 | |
| 2022 | 1 | |
| Wisconsin | 2023 | 0 |
| 2024 | 0 | |
| 2022 | 13 | |
| Totals | 2023 | 4 |
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 a total of 46 franchise transfers across all states during the year 2023. This figure represents the total number of existing Moe's Southwest Grill franchises that were sold or transferred to new owners within the franchise system during that year. Franchise transfers can occur for various reasons, such as the original franchisee deciding to retire, pursue other business ventures, or due to performance-related issues.
For a prospective franchisee, the number of transfers can be an important indicator of the stability and desirability of the franchise system. A high number of transfers could suggest potential issues with franchisee profitability or satisfaction, while a low number might indicate a stable and well-supported system. However, it's essential to consider the context and reasons behind the transfers, as some transfers may simply be due to franchisees retiring or selling their business for personal reasons.
It is also important to note the number of transfers in relation to the total number of franchises. In 2023, Moe's Southwest Grill had 636 franchised outlets at the start of the year and 606 at the end of the year. The 46 transfers represent approximately 7.2% of the initial number of franchises. This percentage can be compared to industry averages to assess whether Moe's Southwest Grill's transfer rate is within a normal range.
Prospective franchisees should investigate the reasons behind the transfers and speak with both current and former franchisees to gain a better understanding of the franchise system and the factors that may contribute to franchise transfers. This due diligence can help them make an informed decision about whether to invest in a Moe's Southwest Grill franchise.