OFFICIAL FILING · MN · 2020
PITA PIT FDD (Franchise Disclosure Document) — 2020
The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). PITA PIT's most recent FDD tracked here was filed in 2020 with the Minnesota Department of Commerce (public CARDS portal) — and because registration-state filings are public records, you can read it free, without giving a broker your phone number.
THE SAME DOCUMENT SITES SELL OR GATE BEHIND LEAD FORMS. FILED 2020 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $30K |
| ITEM 6 | Ongoing royalty | 6.0% of gross sales |
| ITEM 7 | Total initial investment | $211K–$366K |
| ITEM 3 | Disclosed litigation matters | 1 |
| ITEM 4 | Bankruptcy history disclosed | Yes |
| ITEM 19 | Earnings disclosure (FPR) | Yes — financial performance representation made |
| ITEM 20 | Outlets (fiscal 2015) | 224 franchised at year end · 18 exits (8.6% annualized) |
| ITEM 21 | Franchisor financial statements | clean (unqualified) audit opinion — Anastasi Moore Martin, Certified Public Accountants & Consultants PLLC |
Citation discipline: every figure above is extracted from the 2020 PITA PIT FDD as filed and links back to that document. Fields the filing did not state are omitted — nothing here is estimated, surveyed, or filled in from marketing material. FDDs are reissued annually; verify against the current issuance before relying on any number.
PITA PIT FDD questions, answered
Where can I download the PITA PIT FDD for free?
PITA PIT's 2020 Franchise Disclosure Document is a public record, filed with the Minnesota Department of Commerce (public CARDS portal). It can be downloaded free from the source link on this page — no broker form, no email signup required.
What year is PITA PIT's most recent FDD on file?
The most recent PITA PIT FDD tracked here was filed in 2020 with the Minnesota Department of Commerce (public CARDS portal). Franchisors must update their FDD annually, so confirm you are reading the current issuance before signing.
Does PITA PIT's FDD disclose earnings (Item 19)?
Yes — PITA PIT makes a financial performance representation in Item 19 of its 2020 FDD. Read the basis fine print: franchisors choose which units and metrics to include.
What does PITA PIT's FDD Item 20 show?
In fiscal 2015, PITA PIT ended with 224 franchised outlets; 18 of 210 open at the start of the year left the system — an annualized exit rate of 8.6% (terminations, non-renewals, and "ceased operations — other reasons").
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing PITA PIT's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →