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118. Moe's Southwest Grill

Last Year's Rank: 119

Investment Range: $446,035 - $997,212

Initial Franchise Fee: $30,000

Category: Restaurant

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Company Description

Moe's is a fast-casual Tex-Mex restaurant chain based in Atlanta. Raving Brands created the brand in 2000, and Focus Brands now owns the company. Moe's restaurants offer made-to-order items, including burritos, tacos and quesadillas with quirky pop-culture inspired names, like Wrong Doug and Alright Alright Alright.

“Moe” stands for “Musicians, Outlaws and Entertainers,” to honor talented artists who left this world too soon, according to the company website. It’s also known for the annual “Free Queso Day” where customers can get free chips and queso at participating locations.

Moe’s has hundreds of locations across the U.S. as well as international units in Russia and Turkey.

Company Statistics

Global Sales: $734,852,471

US Units: 717

International Units: 2

Total Units: 719

Percent Franchised: 99%

% International Units: 0%

US Franchised Units: 712

International Franchised Units: 2

Sales Growth %: 2.5%

Unit Growth %: 1.7%

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