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RISE - Menu Monitor

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Moe's Southwest Grill<br />

Headquarters<br />

200 Glenridge Point Parkway Suite 200, Atlanta, Georgia 30342 USA<br />

Tel: (404)255-3250 Fax: (404)255-4978<br />

www.moes.com<br />

Ownership: Private<br />

Segment: Limited Service Mexican<br />

System Characteristics 2006 2005 2004<br />

U.S. Systemwide Sales ($000) 273,000 206,000 124,000<br />

Company-owned ($000) 1,000 1,000 1,300<br />

Franchised ($000) 272,000 205,000 122,700<br />

U.S. Number of Units 342 280 200<br />

Company-owned 1 1 1<br />

Franchised 341 279 199<br />

International Sales ($000) - - -<br />

International Units - - -<br />

Average Sales/Unit ($000) 900 900 900<br />

Concept Positioning |<br />

Moe’s Southwest Grill is a limited-service Mexican concept. The chain is owned by FOCUS Brands Inc. and operates 345<br />

units across the U.S., one of which is company-owned.<br />

The company looks for freestanding sites and food court and shopping center locations. Units average 2,100 sq. ft. with<br />

seating for approximately 60–80 guests. Hardwood floors and subtle yellows, pinks and purples as well as soft rock music<br />

playing in the background create an upbeat and inviting atmosphere. The concept’s layout follows the “build-your-own burrito”<br />

methodology, with customers placing their orders at a counter and following the creation of their burrito or taco as they<br />

progress through a cafeteria-style line.<br />

Moe’s Southwest Grill first opened in 2000 in Buckhead, GA, by Raving Brands founder Martin Sprock. Moe's has recently<br />

singed agreements with franchisors to launch more than 600 new units nationwide. In 2007, Raving Brands announced the<br />

sale of Moe's to private equity firm Roark Capital Group's subsidiary, FOCUS Brands Inc. Terms of the sale, which will be<br />

completed in 2007, have not been disclosed. Moe's joins Schlotzsky's, Carvel Ice Cream, Cinnabon and Seattle's Best Coffee<br />

International in FOCUS' portfolio of concepts.<br />

<strong>Menu</strong> Positioning |<br />

Moe's Southwest Grill is open for lunch and dinner and offers traditional southwestern and Mexican fare such as burritos,<br />

tacos, quesadillas, nachos and fajitas, as well as appetizers, salads, sides and beverages. Its signature item is the burrito, with<br />

protein options of steak, chicken, ground beef, fish or tofu. <strong>Menu</strong> items have quirky names that pay homage to TV shows such<br />

as Friends and Seinfeld, and movies like Eddie Murphy's remake of the Nutty Professor. Popular menu items include Art<br />

Vandalay (burrito)—rice, beans, shredded cheese, salsa, sour cream, guacamole and lettuce; I Said Posse (quesadillas)—<br />

shredded cheese, beans, sautéed vegetables, side of salsa and sour cream; Ruprict (nachos)—beans, melted cheese, salsa,<br />

jalapeños and black olives; and the Alfredo Garcia (fajitas)— choice of chicken, steak or tofu with lettuce, salsa and shredded<br />

cheese. All burritos and tacos come with a choice of black or pinto beans and grilled chicken, steak or tofu, and tacos are<br />

available with hard or soft shells. Dishes come with crispy tortilla chips on the side. Alcoholic beverages include beer and<br />

“Moe-Ritas” (margaritas). Kids, takeout and catering menus are available. <strong>Menu</strong> prices range from $2.39–$7.99. Checks<br />

average $6.<br />

©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.<br />

Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information<br />

published.<br />

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