Island Fin Poke Company vs Spitz Franchise Comparison

Island Fin Poke Company was established in 2016 by Mark and Paul who had a dream to create a quick casual restaurant

that serves incredible Hawaiian style poke in a cool casual environment and transports you from every day to a surf shack on the beach.

From their homemade sauces, 25 toppings & sustainably sourced fish you will be tasting the flavors of the islands.

The total investment necessary to begin operation of an Island Fin Poke Company franchised business ranges from $194,950 to $355,600. This includes $40,000 which must be paid to the franchisor or an affiliate.

The total investment necessary to begin operations under an Area Development Agreement for three,six or ten outlets ranges from $264,950 to $615,600. This includes $110,000 to $300,000 that must be paid to the franchisor or an affiliate.

Although the SPITZ concept was engineered to appeal to consumers of all ages, where the menu and decor are most relevant is to the Millennial and Gen Zs. To understand why this is so important, you only need to examine those generation’s pursuits and purchasing power. YPulse, the world leader in youth consumer insight, claims that in 2020 Millennials and Gen Z teens have the incredible spending power of nearly $3 Trillion. YPulse also reports that the 73 million U.S. Millennials spend as much as 71% of their monthly expenditures on dining out and take out purchases. Also important to our brand and menu engineering is Nielsen’s 2017 study which found that Millennials purchase foods that harbor a strong social purpose and include multicultural flavors.

From our Wraps & Garden Bowls to our Sangria & Cocktails: fresh, flavorful & so good!

Single Restaurant Program. Under the Single Restaurant Program, you will sign a Franchise Agreement to operate a single Spitz Restaurant. The total investment necessary to begin operations of a single Spitz Restaurant ranges from approximately $301,200 to $769,000. This includes $35,000 that must be paid to the franchisor or their affiliate.
Area Development Program. Under the Area Development Program, the franchisor assigns a defined area within which you must develop and operate a minimum of 2 Spitz Restaurants within a specified period of time. The total investment necessary to begin operations of 2 to 4 Spitz Restaurants under an Area Development Agreement ranges from approximately $307,200 to $784,000. This includes $40,000 to $45,000 that must be paid to the franchisor or their affiliate.
Mobile Restaurant Program. Under the Mobile Restaurant Program, you will sign a Franchise Agreement to operate a single Spitz food truck (a “Mobile Restaurant”). The total investment necessary to begin operations of a single Mobile Restaurant ranges from approximately $187,000 to $263,000. This includes $5,000 that must be paid to the franchisor or their affiliate.
Purchase Program. Under the Purchase Program, you will purchase an existing and operating company‐owned Spitz Restaurant from the franchisor’s affiliate. The total investment necessary to begin operations of an Operating Spitz Restaurant ranges from approximately $154,500 to $1,628,500. This includes $142,000 to $575,000 that must be paid to the franchisor or their affiliate.