THE SPITZ BRAND
Spitz is a fast casual restaurant franchise that offers a healthy modern take on made-from-scratch Mediterranean, Greek & American favorites. Named after the classic vertical method of broiling proteins that ensures a flavorful taste, our award-winning menu includes overflowing wraps, rich salads, zesty gyros, falafel, hummus, wings, legendary fries & more. Spitz also features a rotating selection from local breweries, regional wines, sangria & hand-crafted cocktails.
Our locations offer board/card games (classics new and old) and whimsical self-serve stations, while the lively interiors are each designed with murals and art pieces that highlight the local neighborhood’s unique history and culture. We’re Family-friendly, Paleo-friendly, Keto-friendly, with Gluten-Free and Dairy-Free options, as well as dog-friendly patios for our furry friends. Spitz is about more than just great food, each location is an active part of the local community. Spitz – an unusual name, with an extraordinary taste!
MARKET FOCUS & TRENDS
A foodie favorite, Spitz has received rave reviews from publications and influencers around the country, including The Dallas Observer, The LA Times, NPR, Doughboys with John Hodgman, and more.
Spitz’s vibrant decor, modern vibe, hashtag-worthy taste, and vegan offerings draws Gen-X, Millennials and Gen-Z by the droves. Pulse, a world leader in consumer insight, estimates their spending power at three trillion dollars, with as much as 71% of Millennials’ expenditures going to dining-out or take-out. And according to Neilson, “Millennials purchase foods that harbor a strong social purpose and include multicultural flavors”. In addition to the wide variety of healthy items, Spitz’s children’s menu and affordable prices help turn neighbors and families into regulars.
Perhaps that’s why Restaurant Business named Spitz “one of America’s Top 50 Up-and-Coming Chains” & one of their “Top 20… small-time players poised to join the big leagues.”, and in 2024 Spitz was included on their list of the “Future 50”, “a list of the fastest-growing small restaurant chains in the U.S.”.
IDEAL POSITIONING AND TIMING
In 2024 we opened 6 new Franchise locations (Plano, Leesburg, Placentia, Park City, Chandler and Goodyear) as total revenue across all Spitz locations (including 5 company owned stores) reached $38.7M, a y/o/y increase of 24%. 2024 marked the sixth consecutive year of total revenue growth. Additional highlights from 2024 include:
• Locations that have been open more than 1 year averaged $1.8M per location ($151k per month), for a total income of $34.5M.
• Average Net Operating Income per location reached $235k
We are committed to building on our segment-leading Mediterranean food franchise position with franchisees who are aligned with our culture and passion for providing high quality consumer experiences at affordable prices.