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SUBJECT DOSSIER · FDD 2026

MOE'S Franchise

Cost, fees, owner earnings, closure rate and litigation for a MOE'S franchise — pulled from the franchisor's own public FDD (2026), not its sales material.

Quick Service Restaurants · disclosure-honesty grade · from public state filings

Disclosure honesty

C
Transparency 3 / 5

MOE'S discloses earnings (Item 19) — but the grade is how honestly. We graded it C.

Outlets568
Disclosed lawsuits1
Closure signals33 ceased
Investment
$644,425–$1,968,450
Total fees
8% of sales
Outlets
568
Closure signals
33 ceased, 40 terminated
Lawsuits
1
◢ FINDINGS
ITEM 20
33 outlets ceased operations
28 net outlet decline 2025; 33 closures; significant Florida/Georgia attrition
ITEM 03
1 legal matters disclosed
Litigation in Item 3 signals how the franchisor treats its franchisees.

What their own earnings claim actually says

FY2025 Traditional Franchises: Top quartile avg $1,753,026 (39% achieved), bottom quartile $718,897 (55% achieved). Excludes non-traditional venues, co-branded, affiliates.

What a MOE'S franchise actually costs to run

FeeDisclosedWhere it comes from
Initial franchise fee$35,500Item 5 — paid up front, before you open
Royalty5% of gross salesItem 6 — charged on revenue, not profit
Advertising fund3% of gross salesItem 6 — brand marketing, spent at the franchisor's discretion
Total recurring fees8% of gross salesBefore rent, labor, food or debt service
Total initial investment$644,425 – $1,968,450Item 7 — franchisor's own low/high estimate

5% royalty + 3% ad fund + 1% local marketing. Multiple technology/operational fees (POS, loyalty, online ordering). Transfer fee 50% of initial for control transfers.

Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.

MOE'S system size and owner turnover

Total outlets568
Ceased operations33
Terminated by franchisor40
Transferred to new owners27
Closure rate5.8% of outlets

28 net outlet decline 2025; 33 closures; significant Florida/Georgia attrition

From Item 20 of the FDD 2026. Terminations and ceased operations are the franchisor's own count of owners who stopped — the number the sales pitch leaves out.

Is MOE'S worth it? — how it compares to 164 similar franchises

Ongoing fees8% of saleslower than most (median 8%)
Startup costfrom $644,425pricier than 66% of peers
Disclosure honestyGrade Ctypical for the category
Closure rate5.8% of outletsworse than 75% of peers
Disclosed lawsuits1about average

Benchmarked against every quick service restaurants franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

◤ CLASSIFIED · ITEM 19 RECONSTRUCTED

Owner take-home for a MOE'S

The franchisor's framing: FY2025 Traditional Franchises: Top quartile avg $1,753,026 (39% achieved), bottom quartile… We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

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MOE'S franchise — frequently asked

How much does a MOE'S franchise cost?
The FDD lists a total initial investment of about $644,425–$1,968,450, including a $35,500 initial franchise fee.
How much do MOE'S franchise owners make?
FY2025 Traditional Franchises: Top quartile avg $1,753,026 (39% achieved), bottom quartile $718,897 (55% achieved). Excludes non-traditional venues, co-branded, affiliates. We grade this disclosure C for honesty.
What are the MOE'S franchise fees?
MOE'S FDD discloses a $35,500 initial franchise fee, a 5% royalty on gross sales, a 3% advertising-fund contribution, for roughly 8% of gross sales in recurring fees before rent, labor, or debt service. 5% royalty + 3% ad fund + 1% local marketing. Multiple technology/operational fees (POS, loyalty, online ordering). Transfer fee 50% of initial for control transfers.
What is the MOE'S franchise profit margin?
MOE'S does not publish a franchisee net-profit margin — almost no franchisor does. What Item 19 actually shows: FY2025 Traditional Franchises: Top quartile avg $1,753,026 (39% achieved), bottom quartile $718,897 (55% achieved). Excludes non-traditional venues, co-branded, affiliates. Recurring fees alone take about 8% of gross sales, before rent, labor, food or debt service. Margin has to be reconstructed from the disclosure, not read off it.
What is the MOE'S franchise failure rate?
28 net outlet decline 2025; 33 closures; significant Florida/Georgia attrition
How many MOE'S locations are there?
MOE'S FDD reports 568 total outlets, with 33 that ceased operations in the most recent reporting year and 27 transferred to new owners. Item 20 is where system health shows up before the marketing does.
Does MOE'S have complaints or lawsuits?
MOE'S discloses 1 legal matter in Item 3 of its FDD. Item 3 covers the franchisor's litigation history, which is the closest thing to a public record of how it treats franchisees — read the case descriptions, not just the count.
Is a MOE'S franchise worth it?
It depends on the numbers, not the pitch. MOE'S scores C on disclosure honesty, carries about 8% of sales in ongoing fees, and discloses 1 legal matters. Get the real owner take-home before you sign.

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See all franchises ranked by disclosure honesty →

Source: MN CARDS 35791-202604-09 (Clean FDD 2026). FranchiseValidate is independent and not affiliated with MOE'S or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.