Pita Pit Inc.

Pita Pit Inc.

Pita Pit Inc.
#113

Initial Investment

LOW: $166,097
HIGH: $322,667

Change in Units

+11.8% +67 UNITS (1 Year)
+16.7% +95 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1995

Franchising Since

1997 (19 Years)

Corporate Address

105 N. 4th St., #208 Coeur d'Alene, ID 83814

CEO

Jack Riggs

About Pita Pit Inc.

Nelson Lang and John Sotiriadis sought to provide a healthier alternative to the usual fast food fare when they opened the first Pita Pit in Kingston, Ontario, in 1995 and started serving Lebanese-style pita sandwiches. They began franchising in Canada in 1997, and then in the U.S. two years later.

Financials

Financial Requirements

Initial Investment

$166,097 - $322,667

Net-worth Requirement

$75,000

Liquid Cash Requirement

$75,000

Ongoing Fees

Initial Franchise Fee

$25,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

1%

Financing Options

Pita Pit Inc. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


20% off franchise fee

Franchise 500® Rank History

Highest Rank: 113

Lowest Rank: 212

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 5-7 days

Training at headquarters: 10 days

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 15 - 20

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 1st, 2015

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