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Extreme Pita
Pita wrap sandwiches, pizzas, smoothies, salads

About
Founded

1997

Franchising Since

1998 (20 Years)

Corporate Address

9311 E. Via De Ventura
Scottsdale, AZ 85258

CEO

Stanley Ma

Ticker Symbol

MTY

Financial Requirements
Initial Investment

$160,000 - $442,000

Net-worth Requirement

$200,000

Liquid Cash Requirement

$80,000

Ongoing Fees
Initial Franchise Fee

$20,000 - $20,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

3%

Financing Options

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

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

On-The-Job Training:

18 days

Classroom Training:

5 days

Additional Training:

At training store

Absentee Ownership Allowed
Number of Employees Required to Run:

8

Bio
Brothers Alex and Mark Rechichi opened the first Extreme Pita in 1997 and began franchising a year later. Based in Mississauga, Ontario, the company offers franchises in both Canada and the U.S. The Extreme Pita menu offers a variety of sandwich wraps and pizzas made with pita bread, along with salads, pita chips and cookies.
Cost
Initial Investment: Low - $160,000 High - $442,000
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Updated: October 6th, 2016