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Buying a Pita Pit Franchise...

Dec 12, 2011
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I am considering buying a Pita Pit Franchise from an existing owner for $40,000 less than what it could cost me to buy it new. My boyfriend would run it and has worked in the fast food industry all is life. He co-own's a Subway franchise with his mother presently but the fees are way too much to buy a Subway franchise right now.

What are your thoughts?
 

CapitalGuy

New member
Mar 28, 2004
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Talk to an accountant and a lawyer first. They can map out for you what your earnings will be. These types of franchises are not get rich quick deals, and they are not part-time jobs as I'm sure you know. But they are also not crap shoots. Your earnings potential at the specific location is easily known - the franchiser may even share that with you. Anyhow the point is that you can find out what your annual net income should be, before you buy, so you can make an informed decision.
 

needinit

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Jan 19, 2004
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Sounds like your boyfriend would make a go of it, if anyone can!

The second post spoke about mapping out the earnings - the current owner still needs to show you his books as part of the process and the boyfriend probably knows what costs and profits are like, so would notice if any are 'out of whack' etc
 

Ms.FemmeFatale

Behind the camera
Jun 18, 2011
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Pita Pits have been going into the pits for a while now with places like Mega wraps, Extreme Pita, etc all coming out.

Personally I like Extreme Pita, more a healthy standard.

For example, they don't use iceburg lettuce but Romaine instead. This is a big deal with some.

So while the price may seem right, like any business -research is key.

Accountant, Lawyers, Business Consultants, etc.... Go see them all.

Do it all right and sounds like you may have some good success. GL
 

searay

New member
Feb 15, 2004
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my 2 cents....

i'm sure you realize its a tough road you are about to travel...good luck.

to test yourself to see if you 2 can indeed run a food operation, just ask yourselves this question....

What are at least 8 things you need to look at and solve if your food cost is coming in too high.

there are more than 8, but if you know at least 8, you may have a chance of success.

my last comment is ... if something seems to good to be true.. .it usually is...

good luck
 
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