Mike’s Red Tacos vs Moe’s Southwest Grill
Franchise Comparison 2026
Both Mike’s Red Tacos and Moe’s Southwest Grill are quick-service restaurants franchises. Mike’s Red Tacos requires an investment of $640K – $2.0M while Moe’s Southwest Grill requires $644K – $2.0M. In terms of revenue, Mike’s Red Tacos reports higher average unit revenue at $3.0M. Note: Company-owned outlets only - not franchisee performance; Based on a single outlet - not a system average. Moe’s Southwest Grill has SBA lending data on file with a 12.7% charge-off rate. FranchiseVerdict rates Mike’s Red Tacos C (Average) and Moe’s Southwest Grill B (Above average).
| Metric | Mike’s Red Tacos | Moe’s Southwest Grill |
|---|---|---|
| Verdict Grade | CAverage | BAbove average |
| Investment Range | $640K – $2.0M | $644K – $2.0M |
| Franchise Fee | $40K | $36K |
| Royalty Rate | 5.0% | 5.0% |
| Average Revenue (Item 19) | $3.0MCompany-owned only · n=1 | $1.2MOutlet subset |
| SBA Charge-Off Rate | N/A | 12.7% (215 loans) |
| Total Units | 2 | 568 |
| Unit Growth (YoY) | +0 units | -28 units |
| Year Began Franchising | 2025 | 2017 |
| FDD Year | 2025 | 2026 |
Investment Range
$640K – $2.0M
$644K – $2.0M
Franchise Fee
$40K
$36K
Royalty Rate
5.0%
5.0%
Average Revenue (Item 19)
$3.0MCompany-owned only · n=1
$1.2MOutlet subset
SBA Charge-Off Rate
N/A
12.7% (215 loans)
Total Units
2
568
Unit Growth (YoY)
+0 units
-28 units
Year Began Franchising
2025
2017
FDD Year
2025
2026