Pita Pit ranks in "The Future 50" Listing
New rankings by national magazine - Restaurant Business
July 21, 2008 // Franchising.com // COEUR D'ALENE, ID -- Pita Pit Inc. has earned a first ever ranking on the "The Future 50" list in the July 2008 issue of Restaurant Business as one of the fastest growing restaurant chains in the nation. Restaurant Business also stressed that Pita Pit is well positioned in the current economy to continue growing, saying "… you just can't keep a good concept down …"
According to Restaurant Business and a Technomic, Inc. estimate, Pita Pit Inc. system wide sales in 2007 grew by over 18% compared to 2006.
"It's exciting to see that we are recognized once again for our quality growth as one of the leading quick casual franchises in the United States", said CEO Jack Riggs. "Our healthy food concept is becoming increasingly popular, and our company mantra of 'good franchisees in good locations' is creating a remarkably fertile environment for individual success."
Pita Pit Inc. opened 37 new restaurants in 2007, an increase from 26 new store openings in the previous calendar year. There are currently 168 Pita Pit locations in 37 states, with another 50+ stores in development.