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Top 100: Restaurants - Moe's Southwest Grill

Moe's Southwest Grill is number 38 on our list of the Top 100 Movers and Shakers.

February 4, 2015

Moe's Southwest Grill is number 38 on our list of the Top 100 Movers and Shakers.

Describing growth at Moe’s can be done with one word: "rapid." The chain finished 2013 with $526 million in systemwide sales, a 12 percent increase from 2012, and enjoyed a 4.5 percent increase in same-store sales, said Paul Damico, president of Moe’s.

With 540 locations, the chain is on trend to open nearly 100 new restaurants and sign 200 franchise agreements in 2014, beginning with an 18-unit agreement in Northern California.

"2013 was great for us in terms of sales and unit growth, and we anticipate  even stronger results in the next year," Damico said.

The brand also has deals for new restau-rants in other markets, including Dallas; Las Vegas; Springfield, Mo.; and Omaha, Neb. And plans are in the works for further development in markets such as Chicago, Philadelphia and Orlando.

"Prospects are increasingly looking to Moe’s because of our outstanding growth potential in an industry segment that is by no means saturated," Damico said. "We have a fun, irreverent brand that people want to be a part of."