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Updated RecentlySpitz Cost Comparisons
About Spitz
!["Spitz]("https://fddexchange.com/wp-content/uploads/2020/07/Spitz-300x96.jpg")
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.
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.
Ethnic Food Franchise Opportunities
Below is a quick comparison of Spitz against other Ethnic Food franchises and business opportunities. For an in depth comparison of Spitz with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
| Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
| ACE Sushi | $2,400-$3,600 | $22,699-$300,000 | ||
| Advanced Fresh Concepts | N/A | $22,839-$223,339 | ||
| Bella Pita | N/A | $100,000-And Up | ||
| Cafe Yumm | $40,000 | 6% | up to 3% | $716,500-$999,200 |
| Churro Station | $25,000 | 5% | 3% | $100,000-$172,000 |
| CHURROMANIA | $30,000 | 8% | $135,000-$335,000 | |
| Daphne's Greek Cafe | $40,000 | 5% | 3% | $1,500,000-$3,000,000 |
| Golden Krust | $40,000 | 3% | 2% | $225,900-$687,000 |
| Great Greek Mediterranean Grill, The | $39,500 | 6% | 1% | $476,050-$978,250 |
| Hummus & Pita Co., The | $40,000 | 6% | 1% | $278,400-$780,500 |
| Hummus Republic, The | $36,000 | 6% | 2% | $82,000-$316,750 |
| Island Fin Poke Company | $40,000 | 6% | 1.5% | $194,950-$355,600 |
| J. Gumbo's | $25,000 | $143,000-$300,500 | ||
| JerkQzine | $25,000 | 5% | 3% | $325,000-$525,000 |
| Kojax Souflaki | $25,000 | 5% | 2% | $250,000-$325,000 |
| La Crepe Nanou | $40,000 | 2% | 3% +Trademark Fee: 1% | $427,000-$744,000 |
| Lost Cajun, The | $40,000 | 6% | 1% | $252,600-$698,500 |
| Maki-Mee | $24,999 | 5% | 2% | $251,149-$356,999 |
| Mr. Greek Restaurants | $35,000-$50,000 | 5% | 4% | $400,000-$750,000 |
| Mr. Souvlaki | $30,000-$40,000 | $175,000-$500,000 | ||
| Opa! Souvlaki | $25,000 | 6% | 4% | $300,000-$350,000 |
| Playa Bowls | $35,000 | $167,550-$554,100 | ||
| Santorini Island Grill | $29,500 | 6% | $154,500-$273,000 | |
| Snow Fox | $1,000-$100,000 | $20,681-$328,300 | ||
| Villa Madina | $30,000-$40,000 | $175,000-$500,000 |