
Extreme Pita
Pita wrap sandwiches, pizzas, smoothies, salads- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$176K - $406K
- Units as of 2018
-
100 43% over 3 years
Company Overview
About Extreme Pita
- Industry
- Food
- Related Categories
- Sandwiches
- Founded
- 1997
- Parent Company
- MTY Franchising USA Inc.
- Leadership
- Stanley Ma, CEO
Franchising Overview
- Franchising Since
- 1998 (24 years)
- # of employees at HQ
- 227
- # of Units
- 100 (as of 2018)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Extreme Pita 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
- $175,760 - $406,250
- Net Worth Requirement
- $200,000
- Cash Requirement
- $100,000
- Royalty Fee
- 6%
- Ad Royalty Fee
- 3%
- 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
- Extreme Pita has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment
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
- 80 hours
- Classroom Training
- 40 hours
- Additional Training
- At training store
- Ongoing Support
-
NewsletterToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingMarketing Planning & SupportSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- No
- # of employees required to run
- 8
- Are exclusive territories available?
- Yes
Work with our free FranCoach and get what you need to start a Extreme Pita franchise.
Franchise 500 Ranking History
Compare where Extreme Pita landed on this year’s Franchise 500 Ranking versus previous years.
Stock History for Extreme Pita
Ticker Symbol for Extreme Pita: MTY
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