4/10

Franchimp Summary Rating

4 /10
Higher than 68% of peers

Franchise Summary

Description
The franchise is offered for the rights to operate a franchised restaurant from MTY Franchising USA, Inc. doing business as “The Extreme Pita”, which specializes in the retail sale of “wrap-style” hot and cold pita and wrap sandwiches, flat baked pitas, salads, soups and other assorted foods and drinks, and other menu items related to the Extreme Pita concept, using the trade name EXTREME PITA®.
Company Background
Extreme Pita is the nation's leading franchisor of quick-service restaurants and a leader in the emerging "wrap style" fast food segment. The company has more than 120 franchises across North America, and offers franchise opportunities for those who would like to pursue our concept as their own.
Franchise Opportunity
Looking for a franchise business opportunity that offers great food, healthy options and an affordable price? Franchise opportunities are everywhere. But they all have one thing in common - a high cost of entry. The Extreme Pita franchise is different. It's affordable, it's delicious and you can run the business from home! If you're looking for a profitable franchise with an affordable start-up cost then look no further than the Extreme Pita franchise opportunity! We offer fresh ingredients at an unbeatable value. Our menu items include wraps, pitas and salads that are made to order using only quality ingredients like hormone free chicken breast or hand cut steak tips marinated in our secret recipe sauces. You'll be able to choose from over 30 different toppings so your customers will always get exactly what they want every time! And with our online ordering system there's never any hassle dealing with cash registers or lines when you own your own Extreme Pita location! With
Corporate Structure
MTY Franchising USA, Inc. is a Delaware corporation that was incorporated on March 14, 2001 to operate a franchising business in the United States under the name “The Extreme Pita.” They changed their corporate name from The Extreme Pita Franchising USA, Inc. in July 2014. Their principal business address in the United States is 9311 East Via de Ventura, Scottsdale, Arizona 85258, their head office for North America is 2 East Beaver Creek Road, Building One, Richmond Hill, Ontario L4B 2N3, Canada. They have been offering Extreme Pita franchises in the United States since March 2001.
Investment and Franchisee Fees
The total investment necessary to begin operation of an Extreme Pita Unit franchise ranges between $170,760 and $418,100 including a total of $130,000 to $309,460 that must be paid to the franchisor or its affiliates. The total investment necessary to begin operation of an Extreme Pita Institutional License franchise ranges between $148,260 and $395,600, including a total of $ 107,500 to $286,960 that must be paid to the franchisor or its affiliates.

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of The Extreme Pita Franchisees

The Extreme Pita Franchise System Development in 2017

FAQ

How much investment do I need to start my own The Extreme Pita business?
Franchisees typically require at least $170 to $418 investment to get their The Extreme Pita business started
What are the initial franchise fees for The Extreme Pita?
Franchisees typically need to pay at least $130 in fees directly to The Extreme Pita in order to earn the right to launch their business
How much money can I make with a The Extreme Pita franchise? What are the average revenues for a typical The Extreme Pita business?
We haven’t done the math on how much revenue a typical The Extreme Pita brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect The Extreme Pita to generate a similar amount
How long do I need to commit to running a The Extreme Pita unit? What is my contractual commitment?
The Extreme Pita franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

4 /10
The Franchisor's investment costs ranges from $568,020 to $2,528,500 which is Much Higher than the $0 to $0 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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