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

Ad Royalty Fee

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:

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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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 6th, 2016

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Extreme Pita Pita wrap sandwiches, pizzas, smoothies, salads