Moe’s Southwest Grill to Open 50 Restaurants in Russia

Fast-Casual Concept Signs Agreement, First Location Set for Moscow

February 21, 2012 // Franchising.com // Atlanta, GA  – Moe’s Southwest Grill, the fast-growing restaurant franchise best known for its flavorful southwest fare and distinct brand culture, has signed a substantial international deal that will bring its restaurants into Russia for the first time. Glaventer Investments, LTD will open 50 Moe’s locations in Russia over the next ten years, the first of which is scheduled to open in Moscow this year.

“I’m confident that Moe’s will thrive in Russia,” said Paul Damico, President of Moe’s Southwest Grill. “Especially after research through Aurelian Global Holdings revealed a great opportunity for consistent growth over the next ten years in the Russian fast-casual segment.”

With the new deal, Moe’s Southwest Grill will have 50 new locations to add to its burgeoning international resume by the early 2020s. These new restaurants will help boost the local economies by adding an additional 1,000 jobs into the market. In addition, Moe’s parent company FOCUS Brands, the franchisor and operator of 3,300 Carvel®, Cinnabon®, Auntie Annes® Pretzels and Schlotzsky’s® locations, has a robust international infrastructure that currently supports more than 820 locations in 53 countries, and is poised to support significant international growth for Moe’s.

With the addition of locations in Russia, Moe’s will continue expanding overseas since their first international deal signed in 2011 for 40 restaurants in Turkey. Aurelian Global Holdings, a diversified financial services boutique based in New York City, was the exclusive advisor on the Russian transaction.

About Moe's Southwest Grill

Moe's Southwest Grill is a fast-casual concept featuring fresh southwest fare in a fun and engaging atmosphere with over 400 locations in 34 states. At Moe's, each meal is prepared right before your eyes and is accompanied by free chips and salsa, including the Homewrecker burrito, the Billy Barou nachos, and the Close Talker salad. Founded in 2000, Atlanta-based Moe's Southwest Grill was named a Top Ten Growth Chain by Restaurant Hospitality in 2007 and is a Gold Award winner of the 2008 Consumer's Choice in Chains Awards. For more information, visit www.moes.com.

Contact:

John Everette
Fishman Public Relations
847-945-1300
jeverette@fishmanpr.com

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Uberrito Fresh Mex
Our customers want more than food. They want unique flavors, variety, and a great experience.
Kiddie Academy
Educational Child Care Franchise. Kiddie Academy is one of the nation's most respected providers of quality educational child care.
Discovery Point Child Development Centers®
• 30 years of brand strength in educational childcare • Only childcare franchise with a flat fee system (vs. fees based on % of your total...
Brooklyn Fitboxing
Brooklyn Fitboxing is a fitness center with boxing bags and contactless for all levels, in which you will release stress to the beat of the best...
The Human Bean
Our commitment to developing the best drive-thru espresso led us to franchising. Unlike nearly all other franchises, we do not charge...
Share This Page

Subscribe to Franchising Express

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2018.
All Rights Reserved.