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Updated RecentlyPita Pit vs Panchero's Mexican Grill Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Pita Pit vs Panchero's Mexican Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $321,934 - $497,382 | $404,325 - $931,000 |
| Franchise Fee | $30,000 | $20,000 - $30,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1% | - |
| Year Founded | 1995 | 1992 |
| Year Franchised | 1997 | 1995 |
| Term Of Agreement | 10 years | 5 years |
| Term Of Agreement | 10 years | 5 years |
| Renewal Fee | $10000 | - |
Business Experience Requirements |
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| 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 |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/Yes | No/No |
| Payroll | No/Yes | No/No |
Training & Support |
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| Training | On-The-Job Training: 60 hours Classroom Training: 35 hours | - |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | - | - |
| Operations |
Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Pita Pit
Right idea. Right time.
People want to change the way they eat. They want fresh thinking and healthy eating, and they want it now! The Pita Pit is the FUTURE in quick casual food service. We are far beyond burgers, subs and pizza. Our food is fun and fresh and reflects the new healthy and active lifestyles of our customers. Add in our high-energy staff and amazing customer service, and we are poised for explosive growth. It's an exciting time to be a Pita Pit franchisee. So why not become part of a concept that people of all ages enjoy. Jump on the Pita bandwagon!
Why Us? - Pita Pit is the future of quick, casual foodservice. We call it Fresh Thinking - Healthy Eating. People are changing the way they eat - they want something unique and healthy - and Pita Pit delivers in an innovative way.
Pita Pit has created an entire culture and a proven franchising system - one that has undergone fifteen years of fine tuning - to meet this growing demand. The unique combination of fresh, healthy food, mainstream music, and a lot of fun - along with young, high-energy staff members and customers, creates the very unique Pita Pit vibe. Today, there are more than 220 Pita Pit locations in the United States, and over 450 Pita Pit locations worldwide - the company is poised for explosive growth and we want you to join us!
Our franchisees not only benefit from our proven business model and support, but also from knowing that they are invested in a business that is a source of pride, as well as a profit. It's a very exciting time to be a Pita Pit franchisee.
Veteran Incentives 20% off franchise fee
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#42 in Canada's Top franchises.
About Panchero's Mexican Grill
As a restaurant concept proven over 15 years, Panchero's Mexican Grill has embarked on an aggressive expansion plan. Franchise development is a major part of that plan.
The Panchero's franchise system is backed by proven tools and support systems in the following areas:
* Site Selection
* Facility Design
* Marketing and Promotion
* Training
* Ongoing Support
Panchero's Franchise Corporation is offering franchise opportunities to a select group.
In considering potential franchisees, Panchero's Franchise Corporation will consider:
* Financial Qualification (minimum net worth $750,000; $250,000 liquid)
* Previous restaurant operating experience
* Your plan to develop a market and your ability to carry out that plan
* Your knowledge of the trade area in which you will be operating
Panchero's Franchise Corporation is looking for people who will be assets to the existing Panchero's franchise system.
The total investment necessary to begin operation of a Panchero's
franchise ranges from $404,325 to $931,000. This includes the $31,800 to
$32,500 that must be paid to the franchisor or affiliate. If you
acquire development rights you must develop at least three Restaurants,
and you will sign our Area Development Agreement. Upon signing, you will
pay us a development fee equal to $25,000 for the first franchise and
$10,000 for each additional franchise you commit to develop.