who owns moe's
This past spring, Moe's was named the top Mexican chain restaurant above its two larger competitors Chipotle Mexican Grill (CMG), with 1,399 stores at year-end and Qdoba Mexican Grill, with about 636, according to food consulting and research firm Technomic. Qdoba is owned by Jack in the Box (JACK). Also see: Cinco de Mayo Is Hot Also see: 16 Handles Aims To Win In Frozen Yogurt Consolidation Moe's is starting to close the gap. This week Moe's celebrated its 500th store opening in New York City. It plans to open an additional 50 stores by year end. Moe's Southwest Grill is owned by Focus Brands, which in turn is owned by private-equity group Roark Capital. Under the Focus Brands umbrella are a handful of other popular franchised names including Auntie Anne's Pretzels, Schlotzsky's Deli, Carvel Ice Cream, Cinnabon and Seattle's Best Coffee.