Pita Pit franchise is a perfect candidate for a great and developing business in a rapidly growing sector of the fast food industry. Specializing in fresh and healthy pita sandwiches, Pita Pit responds to the rising trend of delivering quality food that is easy to consume. Entrepreneurial opportunity exists in this food franchise segment, there is a strong brand equity, an established business model with good support mechanisms in place when you own a Pita Pit franchise business opportunities that embraces quality, sustainability, and corporate social responsibility.
Are you curious about the Pita Pit franchise, it’s time to discuss it!
Pita Pit Franchise details
| Brand Name: Pita Pit |
| Founder: Nelson Lang, John Sotiriadis |
| Founded Year: 1995 |
| Franchise Year: 1997 |
| Total Outlets: Approximately 600 |
| Industry: Quick-Service Restaurant (QSR) |
| Headquarters: Coeur d’Alene, Idaho, USA |
The Story Behind Pita Pit
Pita Pit is an establishment that deals in fast food and is a chain of restaurants based in Canada.Pita Pit franchise was developed in 1995 during by Nelson Lang and John Sotiriadis among the ideas of fast food instead of healthy food. It evolved within a year into a college-campus favorite for its very Lebanese-style pita sandwiches that could be endlessly customized and the late hours of operation.
However, in 1997 the company had franchising across Canada and in 1999 they moved to the United States. Today it has more than 650 restaurants around the globe and expanded its offerings on salads and rice bowls and added fresh foods to continue to be served fast. One characteristic of Pita Pit is that it targets the provision of freshly prepared, health-promoting food in the fast-casual segment as a service strategy that is touching the hearts of consumers around the world.
This restaurant is perhaps famous for the “Fresh Thinking, Healthy Eating” slogan, and it still insists on its tasty, healthful, and customizable products, which contributes to its success in the fast-casual segment.
Benefits of Owning a Pita Pit Franchise
Proven Business Model: The company has expanded its stores more than 600 stores throughout the world and it also has a quite effective working economy for a new venture to avoid most of the risks.
Growing Demand: In the current world market with more health conscious consumers opting for flexible meal options this is a perfect area that Pita Pit occupies.
Comprehensive Support: Customers also benefit from high quality food offered by franchisees who are well trained and supported to suit their local environment.
Strong Brand Loyalty: The company has built a loyal followership and customers ensure you get loyal patronage and well-grounded members of the community.
What’s on the Menu at Pita Pit franchise
| Menu Category | Items |
| Pitas | Super Greek, Athens Steak, Cowboy Steak, Athens Chicken, Chicken Souvlaki, Gyro, |
| Philly | Grilled Cheese Say Cheese Greek Grilled Cheese, Chicken Club Greek Grilled Cheese, Athens Steak Grilled Cheese |
| Bowls | Ode to Athens Bowl, Bruschetta Bowl, Hula Teriyaki Bowl |
| Salads | Customizable salads with various toppings and dressings |
| Sides & Extras | Hummus, Roasted Corn, various toppings (40+ options) |
Understanding the Investment in a Pita Pit Franchise
| Total investment | $216,354 to $435,102 |
| Franchise fee | $30,000 |
| Net Worth | $100,000 |
| Liquid Capital | $60,000 |
| Royalty Fee | 5% |
| Advertising Fee | 1% |
It’s time to breakdown the investment cost of Pita Pit franchise.
Total investment: The cost structure estimates of the total investments for a new outlet of Pita Pit is considerably high ranging from $216,354 to $435,102. This amount can encompass such different items as remodeling and restructuring expenses, equipment, start-up inventory, training, and some other working capital costs.
Franchise fee: The cost for opening a Pita Pit franchise fee tends to cost $30,000 as an initial franchise fee. This fee is for the license to use the Pita Pit trademark and to be able to tap into the successful business model used by Pita Pit.
Net Worth & Liquid Capital: For starting a Pita Pit franchise you should have a minimum net worth of $100,000 and minimum liquid capital is $60,000. These financial criteria will guarantee that franchisees are capable of meeting requirements of the initial period regarding investing and financing both the start-up and operating costs.
Royalty Fee: Here the franchisees pay 5% of the net sales to maintain the brand image which means continuity and operational funds.
Advertising Fee: For advertising purposes, a standard fee of 1% of the net sales is charged to support promotional activities with an aim of enhancing customers’ traffic and brand recognition.
The Path to Starting a Pita Pit Franchise in your location
1. Research and Inquiry: Franchisees interested in owning a Pita Pit should begin their research by visiting the company’s official Website. To get some more business model and investment, information details, fill the inquiry form and make an application to the Franchise group of the company.
2. Review Franchise Disclosure Document: Make sure you read through the Franchise Disclosure Document (FDD) and see information concerning the fees, royalties and duties of the two parties. This document may need the services of a lawyer or a financial adviser to enable you to understand their implications.
3. Submit Franchise Application: If you want to proceed, fill in the franchise application form. This will include all your financial details as well as experience in the business and the preferred area of operation.
4. Approval and Secure Financing: In case of approval, the next step will be engaging in fund search to finance the franchise either through own funds or through borrowings or through other sources of finance. As usual, you should confirm that your financial prospects are as you would like them to be before proceeding.
5. Training and Site Selection: Enroll in Pita Pit’s Company Operations Training which includes information on operations, marketing, and more. You’ll also get an opportunity to select the best area of the establishment with the help of their team for franchising.
6. Grand Opening and Support: After preparation, contact Pita Pit on how to go about with the launch of the store and how best to create a big celebration. You will also be supported after the implementation of the strategies to enable it to run effectively throughout.’
Conclusion
The Pita Pit franchise especially presents a good business model where one wants to invest his or her skills in a franchise business. Franchisees can achieve high success starting a business with a clear and efficient concept plan, low recurring charges, and supporting a prestigious name. Owning a business, newly established or already seasoned, Pita Pit gives exclusive opportunity with training, coaching, and tools for success in the food business. If you are desirous to embrace the new variant and quality franchise business then Pita Pit can be the exact choice for you.
