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2025 FDD VERIFIEDFull-Service Restaurants
Spitz - Home Of The Doner Kebab

Spitz - Home Of The Doner Kebab

Franchising since 2005 · 11 locations

The total investment to open a Spitz - Home Of The Doner Kebab franchise ranges from $579,250 - $1.2M. The initial franchise fee is $35,000. Ongoing royalties are 5.5% plus a 2% advertising fee. Spitz - Home Of The Doner Kebab currently operates 11 locations (11 franchised). PeerSense FPI health score: 71/100. Data sourced from the 2025 Franchise Disclosure Document.

Investment

$579,250 - $1.2M

Franchise Fee

$35,000

Total Units

11

11 franchised

FPI Score
Medium
71

Proprietary PeerSense metric

Strong
Capital Partners
7lenders available

Active capital sources verified for Spitz - Home Of The Doner Kebab financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Growing (10-24 loans)

Medium Confidence
71out of 100
Strong

SBA Lending Performance

SBA Default Rate

0.0%

0 of 15 loans charged off

SBA Loans

15

Total Volume

$5.5M

Active Lenders

7

States

7

Top SBA Lenders for Spitz - Home Of The Doner Kebab

What is the Spitz - Home Of The Doner Kebab franchise?

For franchise investors navigating the intricate landscape of the fast-casual dining sector, the paramount question revolves around identifying a robust, scalable opportunity that aligns with evolving consumer demands and offers a clear path to profitability. Spitz - Home Of The Doner Kebab, a fast-casual Mediterranean restaurant franchise, has established itself as a notable player in the culinary landscape since its inception in 2005, founded by college friends Bryce Rademan and Robert Wicklund in Los Angeles, California. Their vision was to introduce a healthier, modern interpretation of the vibrant döner kebab street food scene they experienced during travels in Spain to the American market, opening their first location in Los Angeles. While the initial expansion to a second, larger downtown Los Angeles location during the Great Recession presented significant challenges, the concept ultimately found its footing, demonstrating resilience and market adaptability. The name "Spitz" itself refers to the classic vertical method of broiling proteins, a hallmark of döner kebabs, grounding the brand in its authentic culinary heritage. Radwick Franchising, LLC, a California limited liability company headquartered in Los Angeles, California, is the entity that began offering Spitz franchises in November 2013. While the broader Spitz brand encompasses over 20 locations across the United States, including 5 company-owned restaurants that contributed to the impressive total revenue of $38.7 million in 2024, marking a 24% year-over-year increase and the sixth consecutive year of total revenue growth, the current franchise program specifically reports 11 franchised units with 0 company-owned units under its direct franchising umbrella. This dual presence, combining a strong corporate footprint with a growing franchise network, underscores the brand's established presence and strategic expansion, presenting a compelling investment thesis for prospective franchisees seeking entry into a dynamic market segment, further bolstered by its strong FPI Score of 71.

The full-service restaurants market, where Spitz - Home Of The Doner Kebab primarily operates, represents a substantial economic force, with an estimated size of USD 1.42 trillion in 2025, projected to grow to USD 1.47 trillion in 2026, and further forecast to reach USD 1.72 trillion by 2031 at a robust 3.26% compound annual growth rate over the 2026-2031 period. Full-service restaurants (FSRs) held the largest food service market share of 46.49% in 2024, a testament to increasing consumer demand for casual and experiential dining, particularly within urban centers. This industry category attracts franchise investment due to its inherent resilience and the opportunity to capitalize on significant secular tailwinds. Key consumer trends driving demand for concepts like Spitz - Home Of The Doner Kebab include a growing preference for healthy, customizable dining options, a trend perfectly aligned with the Mediterranean fast-casual segment. The brand's multi-dietary approach, offering vegan, keto, and gluten-free options, caters directly to the health-conscious eating habits of millennials and Gen Z consumers, who are collectively driving a significant portion of restaurant industry growth. Millennials, for instance, are estimated to spend as much as 71% of their expenditures on dining-out or take-out, often prioritizing foods with a strong social purpose and multicultural flavors, a niche expertly filled by Spitz - Home Of The Doner Kebab. While the independent restaurants segment captured a leading share of 62.45% in 2024, reflecting a consumer desire for authentic, unique dining experiences, the chained segment, which includes established franchises, is expected to grow at a higher CAGR of 7.76% over the forecast period, indicating a strong growth pathway for structured brands. Moreover, the delivery segment is anticipated to grow at the fastest CAGR of 10.84% during the forecast period, although dine-in still commanded 69.58% of the market share in 2024, driven by the enduring appeal of experiential dining and social gatherings, which Spitz locations actively cultivate through their eclectic ambiance.

Launching a Spitz - Home Of The Doner Kebab franchise requires a total investment ranging from $579,250 to $1,150,050, positioning the brand in the premium tier of Mediterranean franchises, where the sub-sector averages $315,386 to $684,620. This higher investment reflects the brand's comprehensive restaurant and bar concept with full-service capabilities, necessitating significant buildout costs for kitchen equipment, bar infrastructure, and dining facilities that support an upscale, experiential atmosphere. The initial franchise fee is $35,000 for a single restaurant program. For an Area Development Program, requiring the development of a minimum of 2 Spitz Restaurants, the total investment ranges from approximately $580,250 to $1,180,050, which includes a higher initial payment to the franchisor or its affiliate, specifically $50,000 to $80,000, with an additional $15,000 paid for each subsequent restaurant developed under the Area Development Agreement. The total investment for a single restaurant program ranges from approximately $564,250 to $1,115,050, inclusive of the $35,000 paid to the franchisor. Prospective franchisees must also meet a minimum cash required threshold of $145,000 to open a Spitz Mediterranean franchise. Ongoing fees include a royalty fee of 5.5% of gross sales, coupled with a 2% contribution of gross sales to a marketing fund, ensuring brand consistency and promotional reach. Detailed investment breakdown components illustrate the substantial capital expenditure required for establishing a unit, with Utility Deposits, Fees and Licenses estimated at $500 – $4,000, Architectural and Engineering Fees at $15,000 – $30,000, Real Estate Improvements at $2,000 – $5,000, Leasehold/Construction costs ranging significantly from $300,000 – $565,000, Signage at $10,000 – $40,000, and POS System and Software at $4,050 – $6,050, all contributing to the comprehensive cost of ownership for a Spitz - Home Of The Doner Kebab location.

The operating model for a Spitz - Home Of The Doner Kebab franchisee is characterized by its complexity, combining traditional restaurant service with dynamic bar operations and catering capabilities, which collectively demand experienced restaurant management or a significant operational learning curve for new entrants. Daily operations involve managing a diverse menu that caters to various dietary preferences, including popular items like the Street Cart Doner, Berliner Fries, Döquitos, and Remix Bowl, alongside extensive vegetarian, vegan, and gluten-free options. Staffing requirements are robust, supporting both indoor and outdoor seating options typical of Spitz locations, and often include personnel for craft beverage programs and entertainment elements like board games. Founder Bryce Rademan emphasizes a company culture that invests in employees, believing that "happy workers make better food," exemplified by the progression of individuals like Asa Torres, a former general manager who became a 20% equity partner in a new concept. Spitz offers a comprehensive support system for franchisees, beginning with initial training programs designed to equip them with the necessary skills for managing the multi-faceted operational model. This foundational training is complemented by continuous operational assistance, with Item 11 of the Franchise Disclosure Document (FDD) providing more granular details on these resources and the full support structure. Ongoing corporate support extends to areas such as field consultants, technology platforms for streamlined operations, and marketing programs to drive customer engagement. Franchisees are also responsible for managing supplier relationships to ensure consistent quality and availability of specific ingredients, maintaining the brand's high standards across all menu offerings and customer service interactions. The brand focuses on securing ideal locations for new Spitz franchises, targeting areas with high foot traffic, proximity to business districts or universities, and demographics skewing toward educated, health-conscious consumers aged 25-45, with particular interest in markets exhibiting limited Mediterranean quick-service competition, thereby ensuring a strategic territory structure designed for growth. For those pursuing multi-unit expansion, an Area Development Program is available, requiring the development of a minimum of 2 Spitz Restaurants, indicating a preference for committed, growth-oriented owner-operators rather than purely absentee models.

Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document, which means prospective franchisees should request performance data directly from Radwick Franchising, LLC or engage with existing franchisees for insights into unit-level economics. However, other available data provides a robust picture of the brand's financial health and unit-level potential. According to information based on the 2024 FDD, the average gross revenue for a Spitz - Home Of The Doner Kebab franchise is $1,869,721, indicating a strong sales volume for its full-service Mediterranean concept. Another source corroborates this performance, indicating yearly gross sales of $1,744,848. For locations open more than 1 year, the average revenue was $1.8 million per location, translating to approximately $151,000 per month, totaling $34.5 million across these established units in 2024. These figures demonstrate a significant revenue generation capacity for individual Spitz - Home Of The Doner Kebab locations. Estimated owner-operator earnings are projected to range between $209,382 and $261,728, providing a clear benchmark for potential returns on investment. The franchise payback period is estimated at 4.1 to 6.1 years, suggesting a reasonable timeframe for recouping the initial capital outlay, especially when considering the premium investment tier of the brand. Furthermore, the overall financial trajectory of the company is strong, with total revenue across all Spitz locations, including 5 company-owned stores, reaching $38.7 million in 2024, representing a substantial 24% year-over-year increase. This marks the sixth consecutive year of total revenue growth for the Spitz brand, a powerful signal of sustained market demand, effective operational strategies, and overall brand strength, even in the absence of a formal Item 19 disclosure within specific FDD filings.

Spitz - Home Of The Doner Kebab has demonstrated a compelling growth trajectory, with 20 U.S. units reported as of 2023, representing a significant year-over-year unit change of 25.0%. In 2024 alone, the brand successfully opened 6 new franchise locations in key markets such as Plano, Leesburg, Placentia, Park City, Chandler, and Goodyear, further expanding its widespread coverage across multiple states and demonstrating broad national market penetration. The brand shows particular strength in the Mountain West and Midwest regions, with a strong presence in Utah, notable concentrations in Illinois, Colorado, and Indiana, and a significant market presence in Florida, indicating a strategic and successful expansion strategy. The company has garnered significant industry recognition, being recognized by Restaurant Business as "one of America's Top 50 Up-and-Coming Chains" and one of their "Top 20… small-time players poised to join the big leagues," further solidifying its reputation as a rapidly ascending brand. In 2024, Spitz - Home Of The Doner Kebab was also included on Restaurant Business's "Future 50" list of the fastest-growing small restaurant chains in the U.S., underscoring its impressive momentum. The competitive moat for Spitz - Home Of The Doner Kebab is built on its unique differentiation strategy, combining the convenience and pricing typically associated with fast food with an upscale dining experience, characterized by an eclectic, artistic ambiance featuring modern street art, entertainment elements like board games, and craft beverage programs. This approach creates a welcoming space for diverse diners and provides an experiential dining component that resonates strongly with contemporary consumer preferences. The brand's multi-dietary approach, offering vegan, keto, and gluten-free options, aligns with demographic trends toward health-conscious eating, particularly among millennials and Gen Z consumers, who are driving restaurant industry growth. Recent corporate developments include the brand's return to San Diego with a new Pacific Beach opening in September 2025, filling a 2,300-square-foot space, a significant comeback following a previous location closure. Franchisees like Chris Law have also been instrumental in expansion, opening a Woodbury, Minnesota location after COVID-19 slowed expansion plans, following a successful northeast Minneapolis location seven years prior, showcasing a commitment to regional growth.

The ideal candidate for a Spitz - Home Of The Doner Kebab franchise is typically an individual with a strong background in restaurant management or a demonstrated capacity for a significant operational learning curve, given the complex operational model that integrates restaurant service, bar operations, and catering. This experience is crucial for effectively managing supplier relationships, ensuring consistent quality and availability of specific ingredients, and upholding brand standards across all menu offerings and customer service interactions. While direct quotes from franchisees are limited, the company culture, as described by founder Bryce Rademan, emphasizes investing in employees and fostering growth, suggesting a need for franchisees who can embody this philosophy and effectively lead a team. Multi-unit aspirations are clearly supported and encouraged through the Area Development Program, which explicitly requires the development of a minimum of 2 Spitz Restaurants, making it an attractive option for experienced operators looking to scale their portfolio. Available territories are strategically identified based on specific demographic and environmental factors, with ideal locations for new Spitz franchises including areas with high foot traffic, proximity to business districts or universities, and demographics skewing toward educated, health-conscious consumers aged 25-45. Markets with limited Mediterranean quick-service competition are particularly attractive for expansion, allowing new units to capture market share effectively. The brand has demonstrated a strong market presence in Utah, notable concentrations in Illinois, Colorado, and Indiana, and a significant market presence in Florida, indicating successful past performance in these regions. While the exact timeline from signing to opening is not explicitly detailed, the substantial buildout costs, particularly for leasehold/construction, suggest a thorough development process.

Spitz - Home Of The Doner Kebab presents a compelling franchise opportunity within the rapidly expanding full-service restaurant market, particularly appealing to investors targeting the health-conscious and experiential dining segments. The brand's robust average unit revenues of $1,869,721, consistent total revenue growth over six consecutive years reaching $38.7 million in 2024, and strategic positioning as a premium fast-casual Mediterranean concept underscore its market viability and potential for strong returns, with estimated owner-operator earnings between $209,382 and $261,728 and a payback period of 4.1 to 6.1 years. With a differentiated offering that blends convenience with an upscale, artistic atmosphere, Spitz - Home Of The Doner Kebab is well-positioned to capitalize on evolving consumer preferences for multicultural flavors and dietary flexibility. The comprehensive operational model, including restaurant, bar, and catering services, provides multiple revenue streams, while the brand's recognition by Restaurant Business as a "Future 50" fastest-growing chain highlights its upward trajectory in the competitive restaurant landscape. The strategic focus on specific demographics and high-traffic locations further strengthens the investment thesis, offering a clear plan for market penetration and sustained growth. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools. Explore the complete Spitz - Home Of The Doner Kebab franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

71/100

SBA Default Rate

0.0%

Active Lenders

7

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Spitz - Home Of The Doner Kebab based on SBA lending data

SBA Default Rate

0.0%

0 of 15 loans charged off

SBA Loan Volume

15 loans

Across 7 lenders

Lender Diversity

7 lenders

Avg 2.1 loans per lender

Investment Tier

Premium investment

$579,250 – $1,150,050 total

Payment Estimator

Loan Amount$463K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$5,996

Principal & Interest only

Locations

Spitz - Home Of The Doner Kebabunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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3 FDDs Available for Spitz - Home Of The Doner Kebab

Review franchise fees, investment ranges, royalties, Item 19 financial data, and year-over-year trends. Request complimentary access through your PeerSense funding advisor.

Spitz - Home Of The Doner Kebab