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Moe's Soutwest Grill

Executive Summary

Moe’s Southwest grill is a casual atmosphere burrito bar owned by FOCUS brands. Moe’s headquarters is currently located in Atlanta, Georgia. Moe's Southwest Grill is a chain of about 360 quick-service eateries in 36 states that offer standard Tex-Mex favorites, including burritos, quesadillas, and fajitas, in a quirky, fun atmosphere. 800 more franchise deals signed and currently awaiting construction. Menu items are named after TV, movie, and pop culture references, such as the Art Vandalay, the Triple Lindy, and the Joey Bag of Donuts. Nearly all of the company's restaurants are operated by franchisees. Moe’s is a business format franchise and is available for single-location or multiple-location deals. The franchise fee for a single-location deal is $30,000 non-refundable. In order to open a store location a franchise is expected to have $200,000 in liquid capital and $600,000 in total assets. Moe’s Southwest Grill, a 2007 Top Ten Growth Chain according to Restaurant Hospitality and Technomic, is prepared for vigorous franchise growth. Based on the age this franchise and the growth they have experienced so far, this appears to be an excellent investment opportunity. Moe’s primary competition consist of Qdoba Mexican Grill and Chipotle.

Franchise History
Moe’s Southwest grill is a fairly new franchise concept. Moe’s was organized July 17, 2000 in Atlanta, Georgia by founder and CEO H. Martin Sprock III. The first franchises were offered in 2001. Their parent company is Raving Brands, franchisor of Doc Green’s, Mams Fu’s, Planet Smoothie, PJ’s Coffee, Monkey Joe’s. On April 11, 2007, Raving Brands sold Moe's to FOCUS Brands, franchisor of Carvel, Cinnabon, Seattle's Best Coffee, and Schlotzsky's. There headquarters is located at 2915 Peachtree Rd., NE Atlanta, GA 30305. On March 12, 2007, Raving Brands entered into a 40-store development deal with Canadian partner True North Brands, Inc., representing Raving Brands’ move...