Il Mito Franchise FDD, Profits & Costs (2025)
Il Mito Trattoria e Enoteca brings together the charm of casual fine dining with a menu inspired by Italian and Mediterranean flavors. Established in 2007 by Chef Michael Feker in Wauwatosa, Wisconsin, the restaurant has built its name on a commitment to culinary excellence.
From the beginning, Il Mito has emphasized fresh, high-quality ingredients, creative plating, and genuine hospitality. These qualities helped it become a well-loved spot for guests seeking authentic, flavorful dishes in a welcoming setting.
In 2022, the brand took the next step by launching its franchise program, allowing more communities to enjoy the Il Mito experience beyond the flagship location.
What makes Il Mito distinctive is its balance of rustic Italian traditions with modern Mediterranean influences. Combined with its chef-inspired menu and warm, inviting environment, the restaurant offers guests an elevated yet approachable dining experience.
Initial Investment
How much does it cost to start a Il Mito franchise? It costs on average between $246,000 – $460,000 to start a Il Mito franchised restaurant.
This covers expenses such as construction, kitchen equipment, furniture, initial inventory, and early operating costs. The total amount can vary based on several factors, including the size and format of the restaurant, the market location, and whether the franchisee decides to lease or purchase the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $40,000 – $40,000 |
| Traveling and Living Expenses while Training | $3,000 – $6,000 |
| Furniture, Fixtures, and Equipment | $90,000 – $190,000 |
| Real Property Rent and Security Deposits | $9,600 – $18,000 |
| Leasehold Improvements | $50,000 – $120,000 |
| TV, Cameras and other Supplies | $5,000 – $10,000 |
| Initial Inventory and Supplies | $9,000 – $13,500 |
| Signage | $4,000 – $7,000 |
| Grand Opening Advertising | $3,000 – $5,000 |
| Licenses, Permits, and Certifications | $2,000 – $3,000 |
| Insurance (3 Months) | $2,400 – $4,000 |
| Professional Fees | $3,000 – $3,500 |
| Additional Funds (3 months) | $25,000 – $40,000 |
| Total | $246,000 – $460,000 |
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Frequently Asked Questions
How many Il Mito locations are there?
As of the latest data, there is only one unit in operation, the original location in Wauwatosa, Wisconsin.
What is the total investment required to open a Il Mito franchise?
The total investment required to open a Il Mitos franchise ranges from $246,000 to $460,000.
What are the ongoing fees for a Il Mito franchise?
A Il Mito franchise charges a 5% royalty fee on gross sales and a 2% marketing and advertising fee on gross sales.
What are the financial requirements to become a Il Mito franchisee?
To qualify as an Il Mito franchisee, candidates are required to have a minimum net worth of $500,000 and at least $150,000 in liquid capital. These financial requirements ensure that franchisees have the resources to cover startup costs and sustain operations during the initial stages of the business.
Who owns Il Mito?
The Il Mito franchise is owned by Chef Michael Feker, who founded Il Mito Trattoria e Enoteca in Wauwatosa, Wisconsin, in 2007.
Disclaimer
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