The Great Greek Mediterranean Grill vs Spitz Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Great Greek Mediterranean Grill vs Spitz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$476,050 - $978,250 | $154,500 - $1,628,500 |
Franchise Fee |
$39,500 | $35,000 |
Royalty Fee |
6% | - |
Advertising Fee |
1% | - |
Year Founded |
- | 2013 |
Year Franchised |
- | 2013 |
Term Of Agreement |
35 years | - |
Term Of Agreement |
35 years | - |
Renewal Fee |
$1.5K | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About The Great Greek Mediterranean Grill
The Great Greek takes pride in procuring the freshest ingredients and preparing them daily for you. Our recipes go back for generations, and we promise to serve you that consistent meal each time. We consider our staff as our children helping at those memorable Sunday dinners; they are family. You, our patrons, are the uncles, aunts, cousins, nieces and nephews who stop by to join in the weekly feast. You are family, too! The Great Greek’s pledge to you is to treat you like family, serve you a consistent, quality meal, and ensure we exceed your expectations.
The total investment necessary to begin operation of a The Great Greek
Mediterranean Grill® franchise is $476,050 to $798,250. This includes
$35,550 to $43,000 that must be paid to the franchisor.
The total investment necessary to begin operation under a three- to ten-unit
Multi-Unit Development Agreement is $520,000 to $978,250. This includes
$75,550 to $223,000 that must be paid to the franchisor or affiliate.
The minimum number of The Great Greek Mediterranean Grill® units that
you are required to develop under the Multi-Unit Development Agreement
is three units.
About Spitz
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.