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 it cost to buy a Pizza Hut franchise?
The franchisees are free to acquire one or more existing system restaurants from Pizza Hut, or one of its subsidiaries, or may construct a new restaurant. Pizza Hut has the franchise fee of up to $25,000, with total initial investment range of $302,000 to $2,185,500.
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.
What does the franchise fee cover for Pizza Hut?
There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few. Some franchises may have a weekly fee that the franchisee pays for operating a Pizza Hut LLC franchise.
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
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How much does a Pizza Hut owner make?
The average Pizza Huts store generates $714,000 sales per unit on average. The entire system makes $3.5 billion average sales in revenue per year. Each franchisee will average around $100,00 profit overall after all expenses.
How profitable is a Pizza Hut?
Based on the average sales provided by Dine-in Pizza Hut's franchise locations, at an average of a 15% profit margin it will take around 9 years to recoup your investment.
What is the most profitable franchise?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
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.
How much does Papa John's franchise cost?
Papa John's Franchise Cost / Initial Investment / Papa John's Franchise Income. The estimated initial investment required to open a standard Papa John's pizza franchise is $130,120 to $844,420, including a franchise fee of $25,000.
Are Papa John's franchises profitable?
Papa John's is a very profitable business for the franchisor with retained earnings of $124.2 million in 2021.
Do franchise owners make money?
Franchise Business Review found that the average annual pre-tax income of franchise owners in America is $80,000. Only 7% of franchise owners make more than $250,000 annually, and 51% earn less than $50,000. Legally, franchisors cannot give income amounts or forecasts of future income.
Which franchise is best in 2022?
Franchises provide a strong corporate and management framework, plus marketing, merchandising and production support....Bluevine Business CheckingDunkin' ... Anytime Fitness. ... Planet Fitness. ... Orangetheory Fitness. ... Primrose Schools. ... Kiddie Academy. ... Kumon Math and Reading Centers. ... Ace Hardware.More items...•
How much is a Starbucks franchise?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
How Much Is a Subway franchise?
How much is the franchisee fee? The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.
How much is it to franchise a Taco Bell?
Total cost: A standalone Taco Bell franchise location is estimated to cost between $1.2 million and $2.6 million, exclusive of land and lease costs. Initial investment: Initial investments will vary significantly based on your location and the type of restaurant.
How Much Is a Little Caesars franchise?
Here are the costs and fees associated with opening a new Little Caesars location: Estimated total investment: Starting at $379,000. Net worth requirement: $350,000. Liquid asset requirement: $150,000.
Is Pizza Hut franchise profitable in Australia?
Pizza Hut Australia made just over $245m in sales revenue for the 12 months ending December 31, 2021 up from about $190m a year earlier. It is forecasting to increase last year's number by around $10m in 2022.
How much does a Pizza Hut franchise cost UK?
Pizza Hut Franchise UKMin Personal Investment:£500,000Min Total Investment:N/ABFA Relationship:Exhibition AccreditedFranchise Type:RetailIndustry:Food
Who owns the Pizza Hut franchise?
Yum! Brands, Inc.Wichita, Kansas, U.S. The chain headquartered in Plano, Texas, operates 17,639 restaurants worldwide as of 2020, making it the world's largest pizza chain by number of locations. It is owned by Yum! Brands, Inc., one of the world's largest restaurant companies.
How much is Domino's worth 2022?
$11.45BDomino's Pizza Inc net worth as of October 21, 2022 is $11.45B.
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.
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.
How much does a Pizza Hut franchise cost?
A Pizza Hut franchise cost is around $297,000 to $563,000. However, that’s only an initial estimate by Pizza Hut, LLC. However, this depends on what type of Pizza Hut you could set-up.
How many yards does a Pizza Hut franchise have?
A franchise will have a 500-yard protected radius for their system restaurant. No other franchise may establish another Pizza Hut in the granted radius. In line with that, the franchisor also specifies the delivery area, so that the franchisee can deliver approved products.
What is The Real Cost of A Lemonshark Poke Franchise?
However, other fast-casual restaurants may also have a place and opportunity to become an investment in the long run. One of them is LemonShark Poke, self-dubbed as a “fine casual” offering healthier food options for consumers needing a quick bite.
What is Pizza Hut's Harvest Program?
Pizza Hut supports two causes, BookIt and the Harvest Program. Firstly, the BookIt cause aims to help students reach their reading goals. Meanwhile, for the Harvest Program, the pizza chain donates excess food to local food banks for the hungry.
How to fill out a Pizza Hut form?
Firstly, you can fill out a form on the Pizza Hut franchise website. Once you complete all details, submit the form. You can also sign the form here. Pizza Hut will then contact you to assess if you’re a good fit for a franchise.
How many Yum! stores are there in the US?
In the US, they have 6,300+ stores, and more than 120+ are franchises. Additionally, the beloved pizza chain has 15,600 stores in 90 countries. Not to mention, as part of the Yum!Brands company, they’re also joined by KFC, Taco Bell, and The Habit Burger Grill.
Where is Pizza Hut training located?
Pizza Hut, LLC, facilitates the training in Plano, Texas. Presently, that’s where their headquarters is located. In addition, trainees will also have hands-on training in a system restaurant. The training is a must for all operators.
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!
A Little About Us
From a single 500-square-foot pizza place in Kansas to the Pizza Hut you know today, we’ve been serving up small-town passion, big-minded innovation, and lots of great pizza for over 60 years.
Your Journey
At Pizza Hut, you’re in the business for yourself, but never by yourself. Because you’re not just a franchisee—you’re a part of the family.
How to Get Started
Ready to join the family? Check out our restaurant opportunities to see which one may be right for you. After that, we’ll begin our Qualification and Approval process.
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.
