Peter Riggs, a former Idaho state senator, is no stranger to saving the Pita Pit restaurant chain. Two decades ago, he and his partners purchased the struggling U.S. operations, grew the business to 250 locations, and eventually sold their stake. However, the restaurant chain faced a new challenge during the COVID-19 pandemic, shrinking to just 65 locations. Riggs stepped back in as CEO in March 2023 with a mission to revive Pita Pit.
Riggs's approach was centered around empathy and communication. He spent time listening to franchisee concerns, acknowledging the challenges they faced during the pandemic and the lack of support from the corporate office. The franchisees needed someone to hear their frustrations, and Riggs provided a platform for them to vent.
Riggs learned from his conversations with franchisees that Pita Pit needed to adapt its offerings to a changing market. The restaurant's traditional $5-$6 sandwiches were no longer affordable for college students, who were the core customer base. This led to the introduction of new items, such as the Greek Grilled Cheese, which offered a smaller and more affordable option.
Recognizing the need to modernize the restaurant chain, Riggs proposed a new drive-thru-only unit design. This innovation would cater to the increasing demand for convenience and speed in the fast-food industry. While some franchisees were reluctant to embrace change, Riggs remained steadfast in his vision for the future.
Riggs's journey went beyond just listening to franchisees. He also visited food distributors to understand their challenges and ensure that Pita Pit's pita bread was being handled properly. His willingness to engage with everyone in the supply chain, from franchisees to warehouse workers, demonstrated his commitment to building strong relationships.
Riggs's experience on the road wasn't just about saving a restaurant. It was about learning valuable lessons in leadership and marketing. He documented his journey in a podcast called "Vantastic Voyage," where he interviewed restaurant executives, marketing experts, and other industry leaders.
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