Franchise opportunities compared

    Mike’s Red Tacos Restaurant ( s ) vs Spitz Radwick Franchising LLC

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Mike’s Red Tacos Restaurant ( s )

    $619,800 – $1,953,000

    2025 FDD · Item 7 · PDF p. 22

    Spitz Radwick Franchising LLC

    $1,168,500 – $9,290,400

    2026 FDD · Item 7 · PDF p. 24

    Initial franchise fee · Item 5

    Mike’s Red Tacos Restaurant ( s )

    $40,000

    2025 FDD · Item 5 · PDF p. 11

    Spitz Radwick Franchising LLC

    $35,000

    2026 FDD · Item 5 · PDF p. 12

    Royalty · Item 6

    Mike’s Red Tacos Restaurant ( s )

    5%

    2025 FDD · Item 6 · PDF p. 13

    Spitz Radwick Franchising LLC

    6%

    2026 FDD · Item 6 · PDF p. 14

    Before you compare

    • Mike’s Red Tacos Restaurant ( s ) figures come from its 2025 FDD and Spitz Radwick Franchising LLC figures from its 2026 FDD, so the years differ.
    • Item 19 figures cover the location groups each FDD names (Mike’s Red Tacos Restaurant ( s ): 1, Spitz Radwick Franchising LLC: 2). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Mike’s Red Tacos Restaurant ( s )

    $619,800 – $1,953,000
    Total Estimated Initial Investment
    2025 FDD · Item 7 · PDF p. 22

    Spitz Radwick Franchising LLC

    $1,168,500 – $9,290,400
    Cash As Incurred Approved Suppliers & Employees Grand Total 14 (low end)
    2026 FDD · Item 7 · PDF p. 24
    Standard initial franchise fee (Item 5)

    Mike’s Red Tacos Restaurant ( s )

    $40,000
    2025 FDD · Item 5 · PDF p. 11

    Spitz Radwick Franchising LLC

    $35,000
    2026 FDD · Item 5 · PDF p. 12
    Royalty (Item 6)

    Mike’s Red Tacos Restaurant ( s )

    5%
    Continuing royalty
    2025 FDD · Item 6 · PDF p. 13

    Spitz Radwick Franchising LLC

    6%
    Royalty Fee rate
    2026 FDD · Item 6 · PDF p. 14
    Brand / advertising fund (Item 6)

    Mike’s Red Tacos Restaurant ( s )

    $170
    Technology, operations and marketing fee
    2025 FDD · Item 6 · PDF p. 12

    Spitz Radwick Franchising LLC

    2%
    Marketing Fund Fee maximum — 2%
    2026 FDD · Item 6 · PDF p. 14

    System scale & health

    Total outlets (Item 20)

    Mike’s Red Tacos Restaurant ( s )

    2
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 59

    Spitz Radwick Franchising LLC

    Not available
    No reviewed outlet counts
    Net outlet change (Item 20)

    Mike’s Red Tacos Restaurant ( s )

    +1
    Calculated: 1 at end of 2022 → 2 at end of 2024

    Spitz Radwick Franchising LLC

    Not available
    Only one year reported
    Outlet exits (Item 20)

    Mike’s Red Tacos Restaurant ( s )

    Not available
    No complete exit records for a year

    Spitz Radwick Franchising LLC

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Mike’s Red Tacos Restaurant ( s )

    Not available
    Not in reviewed records

    Spitz Radwick Franchising LLC

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Mike’s Red Tacos Restaurant ( s )

    Not available
    Not in reviewed records

    Spitz Radwick Franchising LLC

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    MRMike’s Red Tacos Restaurant ( s )
    Locations counted not stated in the reviewed record
    $2,963,621
    other Gross Sales
    2025 FDD · Item 19 · PDF p. 58
    Spitz Radwick Franchising LLC
    Locations counted not stated in the reviewed record — 21 franchised Spitz Restaurants reporting complete financial performance inform…
    $1,715,617
    other Table 1 average Gross Revenues
    2026 FDD · Item 19 · PDF p. 66
    Locations counted not stated in the reviewed record — Four affiliate-owned Spitz Restaurants for Jan. 1–Dec. 31, 2025; all four were…
    $685,359
    other Table 2 average Other Costs
    2026 FDD · Item 19 · PDF p. 66

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Mike’s Red Tacos Restaurant ( s ) vs Spitz Radwick Franchising LLC: common questions

    Which costs less to open, Mike’s Red Tacos Restaurant ( s ) or Spitz Radwick Franchising LLC?
    Mike’s Red Tacos Restaurant ( s ): $619,800 – $1,953,000 (2025 FDD · Item 7 · PDF p. 22); Spitz Radwick Franchising LLC: $1,168,500 – $9,290,400 (2026 FDD · Item 7 · PDF p. 24). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Mike’s Red Tacos Restaurant ( s ). Estimates are not quotes, and the FDD years may differ.
    How do Mike’s Red Tacos Restaurant ( s ) and Spitz Radwick Franchising LLC royalties compare?
    Mike’s Red Tacos Restaurant ( s ): 5% (2025 FDD · Item 6 · PDF p. 13); Spitz Radwick Franchising LLC: 6% (2026 FDD · Item 6 · PDF p. 14). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Do Mike’s Red Tacos Restaurant ( s ) and Spitz Radwick Franchising LLC disclose financial performance (Item 19)?
    Mike’s Red Tacos Restaurant ( s ) has reviewed Item 19 figures for 1 location group; Spitz Radwick Franchising LLC has reviewed Item 19 figures for 2 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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