Spitz Mediterranean Franchise FDD, Profits & Costs (2025)
Spitz Mediterranean Street Food is a fast-casual restaurant franchise specializing in Mediterranean-style dishes, particularly the döner kebab—a popular street food in Europe. The concept was founded in 2005 by college friends Bryce Rademan and Robert Wicklund, who, after experiencing the vibrant flavors of döner kebabs during their travels, sought to introduce this culinary delight to the American market.
They opened their first location in Los Angeles, California, aiming to offer a healthier, modern take on Mediterranean street food. Headquartered in Los Angeles, Spitz began franchising in November 2013.
Spitz’s menu features a variety of Mediterranean-inspired items such as wraps, sandwiches, salads, and bowls, all emphasizing fresh ingredients and bold flavors.
The franchise differentiates itself by combining the convenience and pricing of fast food with an upscale dining experience, incorporating vibrant street art and a lively atmosphere in its restaurant designs. This unique blend appeals to a broad customer base seeking both quality and convenience in their dining choices.
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Initial Investment
How much does it cost to start a Spitz Mediterranean franchise? It costs on average between $564,000 – $1,115,000 to start a Spitz Mediterranean franchised restaurant.
This includes expenses for construction, kitchen equipment, initial inventory, and startup operating costs. The total investment varies based on factors such as the restaurant’s size, location, and whether the franchisee opts to lease or purchase the property.
| Type of Expenditure | Amount (Low – High) |
|---|---|
| Utility Deposits, Fees and Licenses | $500 – $4,000 |
| Real Estate Improvements | $2,000 – $5,000 |
| Leasehold/Construction | $300,000 – $565,000 |
| Signage | $10,000 – $40,000 |
| POS System and Software | $4,050 – $6,050 |
| Furniture, Fixtures and Equipment | $130,000 – $180,000 |
| Opening Inventory | $5,000 – $10,000 |
| Beer & Wine/Liquor License Costs | $5,000 – $110,000 |
| Grand Opening and Initial Advertising Expenditure | $6,200 – $10,000 |
| Spitz Restaurant Premises (3 Months’ Rent + Deposit) | $28,000 – $56,000 |
| Insurance – Liability & Workers Compensation | $1,000 – $4,000 |
| Legal Fees/Organizational Expenses | $2,500 – $5,000 |
| Training Expenses (Including Travel & Living) | $5,000 – $10,000 |
| Initial Franchise Fee | $35,000 – $35,000 |
| Additional Funds (3 months) | $30,000 – $75,000 |
| Grand Total | $564,250 – $1,115,050 |
Average Revenue (AUV)
How much revenue can you make with a Spitz Mediterranean franchise? A Spitz Mediterranean franchised restaurant makes on average $1,819,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $1,132,000 yearly revenue for similar other food & beverage franchises. Below are a few Spitz Mediterranean competitors as a comparison:
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Spitz Mediterranean Franchise Disclosure Document
Frequently Asked Questions
How many Spitz Mediterranean locations are there?
As of the latest data, Spitz Mediterranean Street Food operates a total of 24 locations across the United States.
What is the total investment required to open a Spitz Mediterranean franchise?
The total investment required to open a Spitz Mediterranean franchise ranges from $564,000 to $1,115,000.
What are the ongoing fees for a Spitz Mediterranean franchise?
Spitz Mediterranean Street Food requires franchisees to pay an ongoing royalty fee of 5.5% of their gross sales. Additionally, franchisees contribute 2% of their gross sales to a marketing fund.
These fees support the continuous development and promotion of the Spitz brand, providing franchisees with marketing resources and operational support to help drive their business success.
What are the financial requirements to become a Spitz Mediterranean franchisee?
To qualify as a franchisee for Spitz Mediterranean Street Food, candidates are typically required to have a minimum net worth of $250,000 and liquid capital of at least $200,000. These financial prerequisites ensure that potential franchisees possess the necessary resources to support the initial investment and ongoing operational expenses associated with opening and managing a Spitz franchise
How much can a Spitz Mediterranean franchise owner expect to earn?
The average gross sales for a Spitz Mediterranean franchise are approximately $1.82 million per location. Assuming a 15% operating profit margin, $1.82 million yearly revenue can result in $273,000 EBITDA annually.
Who owns Spitz Mediterranean?
Spitz Mediterranean Street Food is owned by its founders, Bryce Rademan and Robert Wicklund. They established the first location in Los Angeles in 2006 and have since expanded the franchise to multiple locations across the United States.
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