Extreme Pita
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| Founded | 1997 in Waterloo, Ontario |
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| Founders | Alex and Mark Rechichi |
| Headquarters | Richmond Hill, Ontario |
Number of locations | 175 |
Area served | Canada, United States |
| Products | Pita wraps, salads, pita pizzas |
| Revenue | $45 million (2006)[1] |
Number of employees | 2,000 |
| Parent |
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| Website | extremepita |
Extreme Pita is a Canadian-based fast-casual chain, owned by MTY Group. Headquartered in Richmond Hill, Ontario, the company has more than 175 units throughout Canada and the United States.
Extreme Pita serves pita sandwiches, salads, and pizza-style "flat-baked" pitas. Available ingredients include fresh vegetables, cheeses, meats and vegetarian options such as falafel and hummus.
History
[edit]Extreme Pita was founded in 1997[2] by brothers Alex and Mark Rechichi.[3] The first Extreme Pita opened near Wilfrid Laurier University in Waterloo, Ontario in 1997,[4] but the original location is no longer operating.
The company continued to expand and grow over the years, expanding into new locations in Canada, from 1997 (the year when the first Extreme Pita was opened) to 2003 (when Extreme Pita began to expand into the United States). The expansion challenged already-established fast food companies like Subway and McDonald's. By 2007, there were about 200 stores in Canada. Extreme Pita claims they are a healthy low fat snack, and is also well known for its vegetarian options.
The Canadian-based Extreme Pita began to expand to include stores in the United States in 2003,[5] beginning with Arizona.[6] The company has continued to add locations throughout the United States, mainly through franchising. Since 2003, Extreme Pita has expanded into locations in California,[7] New York,[8] Texas,[9] and other parts of the Western, Mideastern, and Northeastern United States.[4]
In May 2013, Extreme Pita was acquired by MTY Food Group when MTY purchased Extreme Pita's then parent Extreme Brandz from the Rechichi brothers for $45-million.[10]
Extreme Brandz
[edit]Extreme Brandz was formed as a holding company for Extreme Pita in 2006 when the owners of Extreme Pita decided to expand into the Mexican fast food business through the launching of Mucho Burrito.[11] PurBlendz was launched in 2008 as smoothie co-brand for existing Extreme Pita operators.[12]
Products
[edit]Extreme Pita sells a variety of pita wraps, including cheese steak, falafel and chicken Caesar selections,[8] wrapped in "Lebanese-style" pita bread.[5] These pitas are available in 6 inch and 9 inch sizes.[13] The company also offers soups, salads, and a variety of flat-bread pizza pitas, baked on location.[8][13][14] Its products are portrayed as a "healthy alternative to fast food." For example, the cheese and meat used to make their products are unprocessed.[8]
References
[edit]- ^ Goll, David (2007-03-09). "Chain takes pita mainstream". East Bay Business Times. Retrieved 2008-09-13.
- ^ "Company Profile". The Extreme Pita. 2006. Archived from the original on 2008-07-28. Retrieved 2008-09-12.
- ^ Ryval, Michael (2008-05-05). "Alex Rechichi, 34". The Globe and Mail.
- ^ a b Goll, David (2007-03-16). "Arizona on list for Canadian pita concept's franchise plans". Phoenix Business Journal. Retrieved 2008-09-13.
- ^ a b Brown, Dale (2003-12-11). "Extreme Pita restaurant's formal launch to be a heart benefit". Phoenix Business Journal. Retrieved 2008-09-12.
- ^ "Canadian chain plans to add 25 Arizona restaurants". Phoenix Business Journal. 2007-09-27. Retrieved 2008-09-13.
- ^ Brevetti, Francine (2007-05-08). "Extreme Pita hankers after the Bay Area". BNET, reprinted from the Oakland Tribune. Retrieved 2015-10-10.
- ^ a b c d Theis, Laura (2007-07-06). "Brooklyn native acquires rights to build out Extreme Pita brand". BNET, reprinted from Long Island Business News. Archived from the original on 2009-12-11. Retrieved 2008-09-12.
- ^ Silva, Tricia Lynn (2005-12-02). "New eateries dishing up fresh ideas in Alamo City". San Antonio Business Journal. Retrieved 2008-09-13.
- ^ Van Praet, Nicolas (2013-05-28). "Food court mogul Stanley Ma bets big on U.S. with $45M deal to buy Extreme Brandz fast-food chains". Financial Post.
- ^ "Extreme Brandz Standardizes POS Across 350 QSRs". Hospitality Technology. 2013-03-29.
- ^ Tchernina, Maya (2011-12-09). "Making it Big: Extreme Brandz Takes the Lead". Foodservice and Hospitality magazine.
- ^ Hill, David W. (2007-09-12). "Plain pita? Not at new Extreme eatery". The Modesto Bee. Archived from the original on 2013-01-29. Retrieved 2008-09-12.
External links
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