Moe's Southwest Grill Inks 120 New Franchise Deals in First Half of 2014
Leading Southwest Fast-Casual Franchise Continues to Expand, Partner with Multi-Unit Owners
ATLANTA - July 14, 2014 - (BUSINESS WIRE) - Moe's Southwest Grill®, a leader in the fast-casual Mexican restaurant space, has signed 120 new franchise deals in the first six months of 2014, a record-breaking high for the brand.
Moe's continues its aggressive expansion this year with new restaurants being developed in significant markets, such as Baltimore, Boston, Chicago, Cincinnati, Houston, Pittsburgh and Salt Lake City. This growth is fueled by both existing franchise partners as well as new partnerships with experienced multi-unit franchise partners with notable portfolios. Earlier this year, the company signed an 18-unit agreement in Northern California, and a 10-unit deal in Las Vegas. The first restaurants in these states are slated to open by year's end.
This past June was the largest month for franchise sales in the history of the Moe's brand. Additionally, the company has exhibited positive same-store sales for 19 the last consecutive quarters.
"This is an exciting time to be a part of Moe's; the high-level franchise partners we are attracting not only see Moe's as a quality brand to add to their portfolios, but genuinely want to grow with the company," said Paul Damico, President of Moe's Southwest Grill. "The success we've experienced in the first half of 2014 gives us great momentum to build on for the rest of the year as we continue to expand and position ourselves as a national brand."
Moe's stands out for both its fresh, flavorful ingredients and irreverent brand culture. Moe's "Food Mission" outlines the company's commitment to serving the highest quality ingredients to every guest, every day, at every location.
About Moe's Southwest Grill®
Welcome to Moe's! Founded in 2000 in Atlanta, Ga., Moe's Southwest Grill is a fast-casual restaurant franchise featuring fresh, handmade, customizable southwestern food in a welcoming environment that rocks. Moe's is committed to serving only the highest quality ingredients 100% of the time at our more than 550 locations in the U.S. While Moe's is best known for its burritos packed with a choice of more than 20 fresh, flavorful ingredients, the menu also features kid's, vegetarian and low-calorie options, all served with free chips and salsa. Check out Moe's online at www.moes.com.
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