Extreme Pita
Pita wrap sandwiches, pizzas, smoothies, salads
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About
Founded

1997

Franchising Since

1998 (21 Years)

Corporate Address

9311 E. Via De Ventura
Scottsdale, AZ 85258

CEO

Stanley Ma

Parent Company

MTY Franchising USA Inc.

Ticker Symbol

MTY

Financial Requirements
Initial Investment

$175,760 - $406,250

Net-worth Requirement

$200,000

Liquid Cash Requirement

$100,000

Ongoing Fees
Initial Franchise Fee

$30,000 - $30,000

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

Support Options
Ongoing Support

Newsletter

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

80 hours

Classroom Training:

40 hours

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 - $175,760 High - $406,250
Units
-2.0%-2 UNITS (1 Year) -43.8%-78 UNITS (3 Years)

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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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: September 21st, 2018