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Spice's Target Economics
Maximizing operational profitability is a core function of the Spice business model.
We focus on the following:
Lease Costs
Lease Costs not to exceed
5 %- 9%
of projected revenues
Intelligent Expansion
Strategic Increase of Unit-Count Funded Primarily by Free Cash Flow
Prime Costs
Labor + COGS to fall between
62% - 66%
Target EBITDA
Target Unit EBITDA
>13%
Infrastructure
Standardization Of Core Systems & Functions
Multi-Concept Platform
Spice Platform Growth to Incorporate Multiple Restaurant Brands
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