Top 250 Franchise by Entrepreneur – Rank no. 166 – Pita Pit Inc. – US

Products & Services: Pita sandwiches

Number of Locations: 428

Total Investment: $199.44K – 320.98K

Founded: 1995

Began Franchising: 1997

About Pita Pit Inc.
Nelson Lang and John Sotiriadis sought to provide a healthier alternative to the usual fast food fare when they opened the first Pita Pit in Kingston, Ontario, in 1995 and started serving Lebanese-style pita sandwiches. They began franchising in Canada in 1997, and then in the U.S. two years later.

Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $199,450 – $320,979
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Liquid Cash Available: $75,000
Operations
40% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 15 – 20. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).

How This Franchise Supports Franchisees
Training: Available at headquarters: 10 days. At franchisee’s location: 5-7 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: National media,
Franchise Ranking History
Franchise 500®: #166 (2013), #132 (2012), #124 (2011), #160 (2010), #157 (2009),
Fastest-Growing: #89 (2013),
America’s Top Global: #101 (2013), #109 (2012), #105 (2011), #127 (2010), #122 (2009),

Pita Pit was founded on the idea that people want an exciting alternative to fast food restaurants—a place with great tasting food that’s healthy, fresh, and still served fast. (Because who isn’t burned out on burgers and pizza, and bottomed out on subs?) So Pita Pit ditched all the heavy breads and buns—along with the higher carbs and fat that today’s health-conscious consumers are trying to avoid.

Instead, we came up with our own special light and tasty Lebanese-style pitas. And we vowed to fill them with only the good stuff. Leaner, savory meats that could be grilled to perfection. Unique flavorful cheeses. A larger choice of crisp, fresh veggies. And exotic toppings, including our own zesty signature sauces. Our pitas were also developed with a special fold, so these tantalizing flavors could be all rolled into one.

This “fresh thinking and healthy eating” could now be served up quickly for people on the go. And for those who weren’t in a hurry, we designed our restaurants to provide a casual and fun atmosphere—part of which includes friendly employees who are good at what they do and treat every customer as special.

Once we began serving lunch and dinner (late-night snacks, too), our unique idea took off. People of all ages and professions have quickly come to love Pita Pit. Franchising began in Canada in 1997, and within two years, it came to the US, where today it’s quickly spread to locations nationwide. (We’ve even began serving breakfast.) Pita Pit is a hit.

Source :  Pita Pit Inc official website