Pita Pit (2 Locations) Available for Sale w/ Franchisor Incentives

Asking Price$300,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

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Pita Pit (2 Locations) Available for Sale w/ Franchisor Incentives


Asking Price$300,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Established dual-location Pita Pit franchise opportunity in Anchorage, Alaska, generating $1.3 million in annual revenue. Operating continuously since 2012, this quick-service restaurant concept offers unique pita sandwiches, salads, and rice/quinoa bowls in a proven 1,500 square foot format.

BUSINESS HIGHLIGHTS:
• Two well-established Anchorage locations with strong community presence
• Comprehensive operational systems and trained staff in place
• Current absentee ownership since 2019 demonstrates business stability
• Franchisor offering reduced royalty rates for new franchise agreements
• Acquisition price represents approximately 50% of single location build-out costs

OPERATIONAL ADVANTAGES:
• Experienced General Manager available for 3-6 months training transition
• Enhanced internal systems complement existing Pita Pit franchise support
• Diversified menu offerings in growing healthy fast-casual segment
• Established customer base and revenue history

GROWTH POTENTIAL:
Significant opportunity exists for owner-operator model implementation. Current absentee structure presents optimization opportunities through:
• Extended operating hours
• Direct owner engagement with local community
• Reduced management costs and staff turnover
• Enhanced customer service and operational efficiency

This represents an ideal opportunity for a hands-on operator seeking an established restaurant business with proven systems, trained staff, and strong market position. The seller recently consolidated operations by closing an underperforming third location, focusing resources on these two profitable establishments.

COMPREHENSIVE SUPPORT PACKAGE:
Seller committed to extensive post-sale support including ongoing consultation via phone, email, Zoom, and in-person meetings for several years. Current management team prepared to ensure smooth operational transition.

Perfect for entrepreneurial individuals seeking immediate entry into the thriving Alaska restaurant market with established infrastructure and franchisor incentives.

SERIOUS INQUIRIES ONLY:
Please either be prepared to make a cash offer, have financing in place, or have a fair amount of assets. Please also be in Alaska, preferably Anchorage. Owner-Financing COULD be available for the right person with a large down-payment, excellent credit, and enough collateral.
About the Business
Years in Operation
14
Employees
10 (6 Full-time, 4 Part-time)
Facilities & Assets
This sale will include all F, F, & E within the two locations, plus excess equipment, smallware, etc... that are currently being held in storage. Anchorage Pita Pit has been operating since 2012 and has a strong following within the community. The Pita Pit franchise is extended discounted royalty rates to any potential buyer wanting to sign a 10-year franchise agreement with them. The Tikahtnu lease will need to be renegotiated with the landlord, as the current agreement ends in August.
Website
http://www.pitapitusa.com
Market Outlook / Competition
Pita Pit is unique for its' pita sandwiches. A diversified product offering includes salads and rice/quinoa bowls. This is a quick service concept that's operated with an absentee owner since 2019. This is an opportunity for the right person to come in and operate two established and well-loved Anchorage restaurant locations for roughly 50% of the price to build-out one location.
Opportunities for Growth
There is definitely opportunity to increase Pita Pit's overall hours of operation. I don't suggest adding any additional locations. We've recently closed down our Southside location, which was losing money. This business would also greatly improve with an owner-operated model. There would be substantial savings in cost of management, improvements in local area engagement, and lower turnover. This IS NOT an opportunity for someone making a pure ROI play. This is for someone that wants to work the store!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,500
About the Sale
Seller Motivation
Family Related
Transition Support
Current GM is happy to stay for 3-6 months to train the new owner. We have developed our own internal systems to enhance the systems already provided by Pita Pit. Current owner is happy to provide continual support via Zoom, Email, and Phone, plus in-person when available, for the next several years.
Listing Info
ID
2483706
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Business Listed by: William StPierre

Listing ID: 2483706 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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