Start-Up Costs and Fees |
||
| Taco Bell | Extreme Pita | |
| Investment | 152250 - 3049100 | 148260 - 418100 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | 6% |
| Advertising Fee | 4.25% | 3% |
| Year Founded | 1962 | 0 |
| Year Franchised | 1964 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Taco Bell | Extreme Pita | |
| 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 |
||
| Taco Bell | Extreme Pita | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Taco Bell | Extreme Pita | |
| 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 |
||
| Taco Bell | Extreme Pita | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Taco Bell | |
| Extreme Pita | |
| Franchise Fee | |
| Taco Bell | |
| Extreme Pita | |
| Royalty Fee | |
| Taco Bell | 5.50% |
| Extreme Pita | 6% |
| Advertising Fee | |
| Taco Bell | 4.25% |
| Extreme Pita | 3% |
| Year Founded | |
| Taco Bell | 1962 |
| Extreme Pita | 0 |
| Year Franchised | |
| Taco Bell | 1964 |
| Extreme Pita | 0 |
| Term Of Agreement | |
| Taco Bell | 20 years |
| Extreme Pita | |
| Renewal Fee | |
| Taco Bell | |
| Extreme Pita | |
Business Experience Requirements |
|
| Experience | |
| Taco Bell | 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 |
| Extreme Pita | |
Financing Options |
|
| Franchise Fees | |
| Taco Bell | No |
| Extreme Pita | No |
| Start-up Costs | |
| Taco Bell | |
| Extreme Pita | |
| Equipment | |
| Taco Bell} | |
| Extreme Pita | |
| Inventory | |
| Taco Bell | |
| Extreme Pita | |
| Receivables | |
| Taco Bell | |
| Extreme Pita | |
| Payroll | |
| Taco Bell | |
| Extreme Pita | |
Training & Support |
|
| Training | |
| Taco Bell | Available at headquarters, Additional training available |
| Extreme Pita | 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 | |
| Taco Bell | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Extreme Pita | 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 | |
| Taco Bell | Co-op advertising, National media, Regional advertising |
| Extreme Pita | |
| Operations | |
| Taco Bell | 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) |
| Extreme Pita | |
Expansion Plans |
|
| US Expansion | |
| Taco Bell | |
| Extreme Pita | |
| Canada Expansion | |
| Taco Bell | |
| Extreme Pita | 0 |
| International Expansion | |
| Taco Bell | |
| Extreme Pita | |