Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Moe’s Southwest Grill franchise financing options

Compare costs, fees and where to get financing for a Moe's Southwest Grill.

Overall costs for Moe's Southwest Grill run anywhere from $268,300 to $473,700. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

Estimated initial costs

Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Moe's Southwest Grill franchise may result in higher or lower fees.

Franchise fees

Moe's Southwest Grill franchise fees total around $30,000, which beats out the $37,000 average for the 200 largest franchises nationwide.
Franchise Cost
Initial franchise fee $30,000 to $30,000
Estimated total $30,000 to $30,000

Equipment fees

Equipment fees total $208,100 for Moe's Southwest Grill. This costs more than the $180,023 average for the top 200 franchises.
Equipment Cost
Equipment package $83,000 to $120,000
Millwork $22,600 to $35,000
Furniture $25,000 to $55,000
Menu board, graphics, interior signage $12,000 to $12,800
Exterior signage $10,000 to $10,500
Computer hardware and software, training $10,000 to $15,000
TV and music $2,000 to $3,300
Estimated total $164,600 to $251,600

Real estate fees

Real estate will set you back $17,250 for Moe's Southwest Grill, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Security deposits $4,500 to $30,000
Rent Will vary based on location and other factors; the estimated rent will range $4,500 - $20,000 per month.
Estimated total $4,500 to $30,000

Inventory costs

Initial inventory for Moe's Southwest Grill shakes out to $7,000. This is less than the nationwide average of $53,119.
Inventory Cost
Opening inventory $4,000 to $10,000
Estimated total $4,000 to $10,000

Marketing costs

Advertisement and marketing costs total up to $42,500 for Moe's Southwest Grill, which is more than the nationwide average of $9,938.
Marketing Cost
Grand opening marketing $25,000 to $60,000
Estimated total $25,000 to $60,000

Licenses and permits costs

Moe's Southwest Grill initial licenses and permits will set you back $1,900. This comes out to less than $18,770 — the overall nationwide average.
Licenses and permits Cost
Permits $1,700 to $2,100
Estimated total $1,700 to $2,100

Insurance costs

Initial insurance costs for Moe's Southwest Grill run $9,250. This means you'll be paying more than the overall nationwide average of $6,311.
Insurance Cost
Insurance $3,500 to $15,000
Estimated total $3,500 to $15,000

Other expenses

Miscellaneous expenses for Moe's Southwest Grill total $55,000 — less than the nationwide average of $69,970.
Other Cost
Miscellaneous opening costs and office supplies $10,000 to $25,000
Three months' additional funds $25,000 to $50,000
Estimated total $35,000 to $75,000
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2021.

How to finance

Since the estimated total for Moe's Southwest Grill is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Moe's Southwest Grill franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Moe's Southwest Grill about in-house financing for franchisees.
  3. If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $371,000 estimated opening costs.
  4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
  5. Once you settle on a lender, gather all required documents, including account statements and assets.
  6. Apply for financing online or in person as required by the lender.

What types of financing is available?

You have several options when it comes to financing a Moe's Southwest Grill — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
  • Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
  • Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Moe's Southwest Grill opening costs.
  • SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Also check if Moe's Southwest Grill franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You may not need financing to cover the estimated $268,300. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
Name Product Filter Values Min. Amount Max. Amount Requirements
OnDeck small business loans
$5,000
$250,000
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.
Fora Financial business loans
$5,000
$500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
ROK Financial business loans
$10,000
$5,000,000
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
LendingClub personal loans for business
$1,000
$40,000
US citizen or permanent resident, verifiable bank account, steady source of income, ages 18+.
Get prequalified for a personal loan up to $40,000 to help you grow your business. Great for new business owners with at least fair credit.
loading

Compare up to 4 providers

How Moe's Southwest Grill stacks up

Compare how Moe's Southwest Grill holds up against two similarly sized franchises.
Einstein Bros. Bagels Moe's Southwest Grill SIGNARAMA
Average Franchise fees $35,000 $30,000 $49,500
Average Equipment fees $288,000 $208,100 $155,432
Average Real estate fees $342,125 $17,250 $24,750
Average Training fees $7,500 NA NA
Average Inventory fees $20,000 $7,000 NA
Average Marketing fees $10,000 $42,500 NA
Average Licenses and permits fees $2,750 $1,900 NA
Average Insurance fees $11,250 $9,250 $1,500
Average Admin fees NA NA $1,500
Average Personnel fees NA NA NA
Average Other fees $33,450 $55,000 $45,000

Bottom line

Moe's Southwest Grill franchise costs run a total of $371,000. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site