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Below is an in-depth analysis and side-by-side comparison of Taco Bell vs Extreme Pita including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $152,250 - $3,049,100 | $148,260 - $418,100 |
Franchise Fee | $25,000 - $45,000 | $30,000 - $300,000 |
Royalty Fee | 5.5% | 6% |
Advertising Fee | 4.25% | 3% |
Year Founded | 1962 | - |
Year Franchised | 1964 | - |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Multi-unit Operations Background Restaurant, retail and/or gas convenience experience Geographically Desirable Open to locate in a strategic market and have local market knowledge Experience/skills Run a successfull business, with p/l responsibility, and development experience Team Builder Experience in staffing and retaining employees, demonstrated leadership skills A culture fit with taco bell Commitment to world class operations with strong recognition mindset Financial Strength Minimum of $750,000 liquid assets and $1,500,000 net worth | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Available at headquarters, Additional training available | 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 | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | 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 | Co-op advertising, National media, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
After leaving the Marine Corps at 23, Glen Bell came home to San
Bernardino, California and opened a hot dog stand. But his real interest
was in alternative menu items, so he began selling tacos for 19 cents
from a side window of the hot dog stand. When the tacos proved as
popular as he had hoped, he started opening Taco Tia stands where tacos
were the stars of the menu. In 1962, Bell sold the Taco Tia brand to his
partners and opened the first Taco Bell in Downey, California.
Franchising began two years later. Taco Bell is the country's driving Mexican-propelled snappy administration eatery (QSR) mark. We serve made-to-request and adaptable tacos and burritos, among other craveable decisions, and are the primary QSR eatery to offer American Vegetarian Association (AVA)- confirmed menu items. Taco Bell and our more than 350 establishment associations work over 6,500 eateries throughout the United States that gladly serve around 40 million clients consistently.
Outside of our eateries, individuals can simply get to the Taco Bell mark through our Mobile Ordering and Payment App. In 2014, Taco Bell turned into the main QSR to dispatch a versatile application at eateries across the nation for both drive-through and feasting orders. Notwithstanding the portable application, individuals can arrange their most loved menu things by means of desktop on Ta.co or for conveyance through our association with DoorDash.
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.