Price Reduced: Pita Pit

Albuquerque, NM (Bernalillo County)

Price Reduced: Pita Pit
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Asking Price: $130,000

Cash Flow: $85,000

Gross Revenue: $550,000

EBITDA: N/A

FF&E: $60,000

Inventory: $2,000

Rent: $3,534 /Month

Established: 2006

Price Reduced: Pita Pit

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Business Description

Quick Service - Fast, casual franchise

Pita Pit was established in Albuquerque 2006. It is prime real estate, located directly on Central Avenue, across from UNM, with 15 parking spaces!

Pita Pit was founded on the premise that people want an exciting alternative to fast food restaurants; a place with healthy, great-tasting food served fresh, yet still fast. Thus, Pita Pit decided not to rely on breads with a high carbohydrate and fat content. Instead, Pita Pit came up with its own special light and tasty pita in an effort to target a more health-conscious demographic. Every pita sandwich is made fresh and customers have the ability to customize their pitas exactly to their liking. Pita Pit serves quality lean meats grilled to perfection, unique flavorful cheeses, fresh vegetables, exotic toppings and signature sauces which are then wrapped up in a steamed white or wheat pita or served as a fresh salad.

Pita Pit founder, Nelson Lang, rolled the very first pita in 1995, in Kingston, Ontario, Canada, with a vision to provide a healthy alternative to fast food restaurants. The success of this “fresh thinking” concept led to its franchising across Canada starting in 1997, followed by the United States in 1999. Pita Pit USA, Inc. was later created in 2005, and is headquartered in Coeur d’Alene, Idaho. The accolades began rolling in for Pita Pit in 2007, when it was recognized by being ranked on the Entrepreneur Magazine Franchise 500 and Inc. 5000 lists. Today, there are over 210 Pita Pit restaurants in 43 states throughout the United States, and the Pita Pit Brand is truly going global.

Detailed Information

Location:
Albuquerque, NM
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
12/1/2020
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The location is approximately 1500 square feet. All equipment is included. All new tile, wall decor, and menu boards (Dec 2018)
Financing:
Will provide all requested financials
Support & Training:
Pita Pit offers exceptional, ongoing operational support, that’s just a phone call away. We host a dedicated Franchise Resource Center to provide assistance with matters such as controlling food and labor costs, working with suppliers, and creating successful marketing strategies.
Reason for Selling:
Moving away from Albuquerque
Franchise:
This business is an established franchise
Business Website:
http://pitapitusa.com
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Business Listed By:
Leticia Bernal

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