FDD Year-over-Year Comparison
Moe's Southwest Grill FDD: What Changed from 2025 to 2026
The 2026 Moe's Southwest Grill FDD moves the Item 7 estimated initial investment range from $624,725–$1,850,250 to $644,425–$1,968,450, and the system contracts from 596 to 568 outlets year-over-year. Both filings include an Item 19 financial performance representation.
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $624,725 | $644,425 | +$19,700 (+3.2%) |
| High end of range | $1,850,250 | $1,968,450 | +$118,200 (+6.4%) |
| Full range | $624,725–$1,850,250 | $644,425–$1,968,450 |
The 2026 filing puts the Item 7 estimated initial investment at $644,425–$1,968,450, versus $624,725–$1,850,250 in the 2025 filing. The low end moves by +$19,700 (+3.2%) and the high end moves by +$118,200 (+6.4%).
Item 20 — System Size (Outlet Count)
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 596 | 568 | −28 (−4.7%) |
Moe's Southwest Grill reports 568 outlets in the 2026 FDD, versus 596 in the 2025 filing (−28 (−4.7%)).
Item 19 — Financial Performance Representations
Moe's Southwest Grill included an Item 19 financial performance representation in both the 2025 and 2026 filings.
Unlock this Workspace
- Clearly Report + Workspace
- Full FDD breakdown with citations
- Ask Clara anything — unlimited for 30 days
- Saved to your Clearly Library, organized by brand