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Updated RecentlySpitz Franchise
Mediterranean streetfood
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.
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.
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How much does it cost to open a Spitz Franchise?
The investment required to open a Spitz Franchise is between $154,500-$1,628,500. There is an initial franchise fee of $35,000 which grants you the license to run a business under the Spitz name.
Individual Unit Costs
- Initial Investment:
$154,500-$1,628,500 - Initial Franchise Fee:
$35,000 - Royalty Fee:
N/A - Advertising Fee:
N/A
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When did Spitz start Franchising? 2013
United States: Nationwide
To calculate how much income a franchise owner can do at Spitz Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
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Legal Disclaimer: This information is not a franchise offering for Spitz and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Spitz franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Spitz
1725 Hillhurst Ave
Los Angeles,
CA
90027