| ||||
Updated RecentlyExtreme Pita vs Panchero's Mexican Grill Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Extreme Pita vs Panchero's Mexican Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $148,260 - $418,100 | $404,325 - $931,000 |
| Franchise Fee | $30,000 - $300,000 | $20,000 - $30,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 3% | - |
| Year Founded | - | 1992 |
| Year Franchised | - | 1995 |
| Term Of Agreement | - | 5 years |
| Term Of Agreement | - | 5 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | * First and foremost, do you LOVE burritos? Like, really, really love them? In the platonic, brother/sister sort of way. * Do you have previous experience operating a restaurant? If you do, it's a plus. If you don't, that's perfectly okay too. * Do you like the sound of working with Pancheros to devise a market development plan? And then bringing that plan to living, breathing, burrito-moving life? * Do you have knowledge of the market in which you'll be operating? Wikipedia knowledge doesn't count. * Are you qualified financially? That is to say, do you have a net worth of $750,000? And is $250,000 of that liquid? |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | No/Yes |
| Start-up Costs | -/- | No/Yes |
| Equipment | -/- | No/Yes |
| Inventory | -/- | No/Yes |
| Receivables | -/- | No/No |
| Payroll | -/- | No/No |
Training & Support |
||
| Training | We provide an extensive training program for all franchisees to ensure that when your store opens you are comfortable and experienced in all aspects of running a successful business. Our "Pita Pro In the Making" program provides you with 10 days at our headquarters in Toronto, Ontario, Canada, followed by another 2 weeks of in-store hands-on training. During the training we teach you what it takes to operate an efficient and successful Extreme Pita. The Training program involves both classroom and in-store training from experienced corporate trainers that have previously operated successful Extreme Pita franchises. During this period we will train you in everything from rolling the pita, scheduling and ordering, customer service, management control systems to the training of your new staff. | - |
| Support | Promoting and developing our brand is crucial. You'll get extensive marketing training, a user-friendly marketing manual and promotions & merchandising support. We also assist in developing and executing an opening advertising strategy and seasonal campaigns. We'll even send field reps out (it's an ongoing thing!) to offer suggestions, answer questions, consult, and provide continuous support. | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About Extreme Pita
So you need to be a Purveyor of the Pita? All things considered, you've gone to the ideal place. You can sit back and relax knowing this is a business with fortitude.
It's about the bread! We move it, we eat it, we gain it. What's more, we're fruitful at it. We have more than 200 areas all through Canada and the U.S. with nonstop solid development.
Why Extreme Pita?
A ton of eateries out there offer things that are singed inside an inch of their lives. Outrageous Pita has the correct idea at the ideal time, since an ever increasing number of customers are searching for a new, quick, sound option, something we have been doing since we opened our entryways.
Mark Promise:
Outrageous Pita offers an awesome scope of solid incredible tasting nourishment for occupied, dynamic people and families who need to live minus all potential limitations (extraordinary) from an organization that doesn't accept sound needs to taste awful or be exhausting.
We're committed to our item, to our franchisees and to our clients - making Extreme Pita an amazingly solid organization to work with.