The Pizza Hut Franchise Cost
- Restaurant-Based Delivery Restaurant or Delivery-Based Restaurant: $787,000 to $2,063,500
- Fast-Casual DelCo (Delivery/Carryout) Restaurant: $534,000 to $184,500
- Freestanding DelCo Restaurant: $552,000 to $971,300
- Inline/Endcap DelCo Restaurant: $367,000 to $721,300
How much does a Pizza Hut franchise make per year?
How much does a pizza hut franchise owner make? How Much Profit Does Pizza Hut Store Actually Make? Franchise owners make an average profit of $100,000 per year. However, the end profit margin ends up being only 3%-7% of annual store sales due to all the fees franchisees have to pay to their corporate headquarters.
How much does it cost to start a pizza franchise?
Pizza Hut: $295,000-$422,000
- Minimum net worth: $700,000
- Minimum liquid assets: $350,000
- Initial franchise fee: $25,000
- Royalties: 6% of gross monthly sales
- National advertising: 2.5-3% of gross monthly sales
How much does Pizza Hut pay their drivers?
The Pizza Hut delivery drivers earn approximately $32,450 per year for their efforts. Duties of someone at this position include: The average Pizza Hut assistant manager’s yearly paycheck is usually over $30,000. A cook in a pizza shop is responsible for:
How much does the average Pizza Hut profit?
How Much Profit Does Pizza Hut Store Actually Make? Franchise owners make an average profit of $100,000 per year. However, the end profit margin ends up being only 3%-7% of annual store sales due to all the fees franchisees have to pay to their corporate headquarters.
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How much does a Pizza Hut franchise owner make?
Franchise owners make an average profit of $100,000 per year. However, the end profit margin ends up being only 3%-7% of annual store sales due to all the fees franchisees have to pay to their corporate headquarters.
How much does it cost to start up a Pizza Hut franchise?
The initial franchise fee to own a Pizza Hut franchise is $25,000, then after construction costs, equipment, and other startup costs, the total Pizza Hut franchise cost ranges between $367,000 to $2,063,500.
How much does it cost to make a Pizza Hut?
If you're thinking of spreading your entrepreneurial wings and investing in a unit, there are some considerations to make before signing on the dotted line. The cost to open a Pizza Hut franchise ranges from $40,600 to $2,063,500.
Is Pizza Hut still profitable?
With an increase in the number of stores, the average gross sales for this category increased by 7.7%. Based on the average sales provided by Delco Delivery/Carryout Pizza Hut's franchise locations, at an average of a 15% profit margin it will take around 4 years to recoup your investment.
What is the most profitable pizza franchise?
Pizza chains in the U.S. with the highest sales 2021. With sales worth approximately 8.64 billion U.S. dollars, Domino's Pizza was the leading pizza restaurant chain in the United States in 2021. Pizza Hut and Little Caesars were ranked second and third, respectively.
What franchise is the most profitable?
Most Profitable FranchisesAnytime Fitness. Anytime Fitness is a popular gym brand with a low-cost investment and high revenue potential. ... McDonald's. McDonald's franchise program is one of the most established in the fast food industry. ... UPS Store. ... Jersey Mike's Subs. ... Dunkin' ... Sport Clips. ... 7-Eleven. ... Papa John's.
Is owning a pizza shop profitable?
A moderately successful pizza restaurant should expect to make a 15% profit, which is very strong in comparison with other restaurants.
Do Pizza Hut servers make good money?
Average Pizza Hut Server hourly pay in the United States is approximately $13.08, which meets the national average. Salary information comes from 677 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.
Are Pizza Hut's individually owned?
Today, there are more than 16,000 independently owned and operated Pizza Hut restaurants. Our 100+ franchise partners employ 350,000 team members in over 100 countries.
How Much Is a Little Caesars franchise?
Estimated total investment: Starting at $379,000. Net worth requirement: $350,000. Liquid asset requirement: $150,000.
How much does Domino's franchise cost?
Initial franchising fee: The Domino's initial franchise fee is $10,000 for building a new store or refranchising a closed store. Do note that Domino's sometimes charges a "reservation fee" of $25,000. The franchise disclosure document that you receive will have more details on this additional fee.
Is Pizza Hut losing business?
Even though many locations have closed their doors in the past few years, it's unlikely that Pizza Hut will disappear anytime soon. The franchise still ranks among one of the top pizza joints in the country.
Is owning a pizza shop profitable?
A moderately successful pizza restaurant should expect to make a 15% profit, which is very strong in comparison with other restaurants.
Is it profitable to open a pizza shop?
The overwhelming majority of pizza shops are large and highly efficient chains that skew the data. Most non-chain pizza stores run have a 3-7% profit margin. Whichever way you slice it, that number can be improved.
Is a pizza franchise a good investment?
Are pizza franchises a good investment for 2021 and 2022? The pizza business, when operated by qualified and competent franchisees, are generally profitable as it is a fast-food product that is widely accepted globally.
How profitable are pizza franchises?
The industry standard for pizza businesses is a 15% profit margin. With 1 million in annual sales, you can expect to earn $150K from pre-tax profits!
How much does Pizza Hut franchise cost?
Pizza Hut has a franchise fee of $25,000 for a 20-year agreement, although the total initial investment ranges between $297,000 and $2,109,000. Additionally, franchisees must pay the company ongoing royalty fee of 6% on all sales, as well as an additional 3% to be applied toward national marketing efforts. To purchase a franchise, interested parties must have a net worth of at least $700,000, with at least half of that amount available in liquid assets.
How many Pizza Hut restaurants are there in the US?
Frank and Dan Carney founded Pizza Hut in Wichita, Kansas in 1958. Since this time, Pizza Hut has grown exponentially. The restaurant chain now has over 6,000 restaurants in the United States, plus another 5000-something abroad in nearly 100 other countries.
What is Pizza Hut?
Pizza Hut is a leading American restaurant chain. Though pizza is unsurprisingly the most ordered food item on the menu, the menu also features a wide selection of pasta, wings, sides, desserts, drinks, and calzones. Customers love Pizza Hut’s reliable quality and prices, and the brand has established quite a reputation for itself as a result.
Where is Pizza Hut training?
Currently, Pizza Hut is particularly focused on building and growing franchises in New York, Massachusetts, Washington D.C., Rhode Island, and New Hampshire.
Is Pizza Hut a franchise?
Pizza Hut is listed in the Franchise Directory under the Food category. It's also listed in the section for Franchises Under $400,000 .
How much does a Pizza Hut franchise cost?
How much does Pizza Hut franchise cost? Pizza Hut has the franchise fee of up to $25,000, with total initial investment range of $302,000 to $2,185,500.
What is Pizza Hut?
An error occurred while retrieving sharing information. Please try again later. Pizza Hut is an American restaurant chain and international franchise founded in 1958 by Dan and Frank Carney . The company is known for its Italian-American cuisine menu including pizza and pasta, as well as side dishes and desserts.
Is Pizza Hut a subsidiary of Yum?
Pizza Hut has 16,796 restaurants worldwide as of March 2018, making it the world's largest pizza chain in terms of locations. It is a subsidiary of Yum!
How much does it cost to franchise a pizza hut?
The initial franchise fee to open a Pizza Hut is $25,000. However, the estimated total cost of investment, including equipment, computer systems, smallwares, a building, etc., can range between $367,000 and $2,063,500, according to Franchise Direct. This cost does not include monthly service fees, technology fees, training fees, and more. There's a lending assistance program in place for minorities and qualified former employees who are interested in franchising. The assistance equates to 25 percent off the principal of the business loan.
How do I become a Pizza Hut franchisee?
Becoming a franchisee with Pizza Hut, however, is a multi-step process, beginning with an online application that inquires about your net worth, liquid assets, and relevant experience. Next steps involve disclosure documents, asset verification, background checks, and interviews. Pizza Hut is most interested in multi-unit operators, and currently has 20 multi-unit opportunities available (via Pizza Hut ). So, how much would it actually cost to open your own Pizza Hut franchise, if you're financially ready?
How many pizza restaurants does Yum have?
Brands, Inc. (NYSE: YUM) is the world's largest pizza restaurant company with more than 6,200 restaurants in the United States and more than 4,000 restaurants in 100 other countries. Pizza Hut has been making pizza America loves for 50 years, serving Pan Pizza, Thin and Crispy ®, Veggie Lovers ®, Meat Lovers ® and more.
How many locations does WingStreet have?
With more than 1,000 locations, WingStreet is the largest delivery wing chain.
Is Wingstreet a subsidiary of Yum?
WingStreet, a subsidiary of Yum! Brands, Inc., is constantly expanding its presence within Pizza Hut restaurants across the country. Whether it's bold and spicy or sweet and mellow, WingStreet makes the wings to match your taste. Since 2003, our award-winning wings have been a customer favorite, and now, with more than 1,000 locations, intense taste is closer than ever. You don't need to leave the house to enjoy our selection of wings and sides. WingStreet is proud to be the largest delivery wing chain, serving eight intense wing flavors in bone-in, bone-out and traditional style that can be enjoyed as a meal or side item.
PIZZA HUT FRANCHISE COST VS. YOUR PIE: HOW THEY COMPARE
How much does a Pizza Hut franchise cost? Learn how it compares to a Your Pie pizza franchise, so you can decide which is your best investment opportunity.
PONY UP FOR PIZZA HUT
Pizza Hut was founded by two brothers in Wichita, Kansas in 1958 and began franchising the following year. Today, Pizza Hut has over 16,500 location operating around the globe, and is one of the leading franchises in pizza delivery.
A CUSTOM ADVANTAGE WITH YOUR PIE
The cost to own a Your Pie restaurant ranges between $364,750-$610,000, a much more inclusive price range than that of Pizza Hut. Additionally, Your Pie requires a more reasonable $500,000 net worth and $150,000 cash availability.
What is Pizza Hut franchise?
The franchise is for a business that operates Pizza Hut restaurants offering primarily pizza, pasta and other Italian-style food items and WingStreet chicken products and side dishes. The franchisor currently offers franchises to operate three types of Pizza Hut-branded units at specific locations:
How long is a franchise agreement?
Term of Agreement and Renewal: The length of the initial franchise term is typically 10 years. Franchisees can enter into two consecutive Renewal Franchise Agreements for a term of five years each, if they meet certain requirements.
What is a protected radius for a franchise?
Territory Granted: The franchisor will grant franchisees a protected radius consisting of 500 yards surrounding each of their system restaurant (protected radius). Subject to the franchisee’s compliance with all brand standards, their fulfilling delivery orders to national, regional and institutional accounts and their providing adequate delivery service throughout their delivery area (s), the franchisor will not develop or operate, or allow any other franchisee or licensee to develop or operate, at the location or within the protected radius, a system restaurant that is the same as the type of system restaurant concept that the franchisee operates at the location. In addition, the franchisor will grant franchisees a specified delivery area for each system restaurant they operate, within which they may deliver the approved products.
Does a franchisor offer financing?
Financial Assistance: Except as described below, the franchisor does not offer, directly or indirectly, any arrangements for financing a franchisee’s initial investment or the continuing operation of their restaurants. Even if franchisees meet all of the requirements set forth for the programs, the franchisor may decide to not permit them to participate in either lending assistance program. The lending programs can be discontinued at any time.
Does Franchise Direct sell your information?
Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.
Do franchisees have to be approved by PHLLC?
Each of the qualified operators must be approved by PHLLC, and such approval shall not be unreasonably withheld. Franchisees must sell only and all approved products that the franchisor designates as standard for the type of system restaurant franchisees operate unless it otherwise agrees in writing.