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SUBJECT DOSSIER · FDD 2026

MOE'S

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.

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 is the MOE'S franchise failure rate?
28 net outlet decline 2025; 33 closures; significant Florida/Georgia attrition
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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Compare MOE'S to similar franchises

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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.