Signing out of account, Standby...
- 2022 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$322K - $497K
- Units as of 2020
540 14% over 3 years
Here’s what you need to know if you’re interested in opening a Pita Pit franchise.
Pita Pit was founded in 1995 by Nelson Lang and John Sotiriadis with the idea of turning fast food into healthy food. The first Pita Pit restaurant opened its doors in Canada and led to its franchising in 1997.
Pita Pit serves up a combination of healthy food, fast food, good vibes, mainstream music, and fun. With a combination of all these factors, as well as energetic staff and customers, the Pita Pit vibe could be one of a kind in this niche.
Pita Pit has opened over 100 franchises in the United States to go along with another 200+ Canadian franchises and more than 100 international locations.
Why You May Want To Start a Pita Pit Franchise
If you are a franchisee looking to open a Pita Pit franchise, you may wonder what kind of traits Pita Pit looks for in a franchisee. An energetic person is a great fit for a Pita Pit franchise, given the kind of vibe it may be known for. Great customer service skills and a good business acumen are traits that a franchisee should bring to the table.
A franchisee looking to invest in a business opportunity that allows them absentee ownership may find this a good business to open.
What Might Make a Pita Pit Franchise a Good Choice?
Opening a Pita Pit franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.
Thanks to its proven operational concept and successful business across multiple countries, opening a Pita Pit franchise may be a good choice. While Pita Pit may have a proven business concept, a franchisee still has the opportunity to grow with the franchise as it establishes territories across these countries.
Pita Pit has partnered with third-party financial lenders that may offer help covering the costs of the franchise fee, startup, equipment, inventory, accounts receivable, and payroll if you meet their qualifications.
How To Open a Pita Pit Franchise
To be part of the Pita Pit team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set liquid capital requirements.
Should you pass the initial qualifications, the franchising process may take up to a month, where you may attend a discovery day at the Pita Pit franchise headquarters in Coeur d’Alene, Idaho.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Pita Pit franchising team questions.
It may be a good idea to speak with an attorney or financial advisor to ensure that you have the necessary financial resources to own and operate a Pita Pit franchise.
About Pita Pit
- Franchising Since
- 1997 (25 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees in the following US states:
This company is seeking new franchisees in the following international regions:
- # of Units
- 540 (as of 2020)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Pita Pit 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $321,934 - $497,382
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 20% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
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 Pit 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
- 52 hours
- Classroom Training
- 39 hours
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in franchise ownership like Pita Pit? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Pita Pit landed on this year’s Franchise 500 Ranking versus previous years.
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