- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$228K - $472K
- Units as of 2023
-
1 0.0% over 3 years
Company Overview
About Pita GR
Industry | Food |
---|---|
Related Categories | Miscellaneous Quick-Service Restaurants, Pita Sandwiches, Food: Quick Service, Mediterranean Food |
Founded | 2017 |
Leadership | Konstantine Marougas, CEO |
Corporate Address |
9905 Paramount Blvd. Downey, CA 90240 |
Business Overview
Franchising Since | 2022 (2 years) |
---|---|
# of employees at HQ | 4 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
# of Units | 1 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Pita GR franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$30,000 |
---|---|
Initial Investment
|
$228,000 - $472,000 |
Net Worth Requirement
|
$30,000 |
Cash Requirement
|
$30,000 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Pita GR has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 86 hours |
---|---|
Classroom Training | 9 hours |
Ongoing Support |
Grand Opening
Site Selection
|
Marketing Support |
Social Media
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
No |
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Pita GR.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Why Opening a Second Location Requires a Fresh Strategy (Even If Your First Was a Hit)
Here are some key points to consider before adding another location to your burgeoning multi-unit brand.
Jeff's Bagel Run Offers a Dynamic, Rapidly Expanding Franchise Concept!
Jeff's Bagel Run franchisees provide their customers with a unique and high-quality product offering that includes bagels made from scratch and custom coffee programs.
Subway's CEO Steps Down Amid a Major Transition for the Sandwich Giant
John Chidsey will step down at the end of 2024, marking the close of a transformative five-year tenure.
You Can Start These 10 Franchises for $10,000 or Less
Many budget-friendly franchise opportunities are in industries with high demand, such as home services, cleaning or mobile businesses.
The Top 10 Burger Franchises in 2024
Taste the sizzle success with the best burger franchises, according to the 2024 Franchise 500 Ranking.
An Executive's 5-Minute Guide to Building a Legacy Team
This guide delves into the critical aspects of building a legacy team, emphasizing the importance of nurturing a strong internal culture and leading by example to attract and retain top talent.