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.
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
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.
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Are Pizza Huts franchise?
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. Click below to learn more about what makes us such a fun, rewarding place to work.
How many franchises does Pizza Hut have?
YUM! Brands, Parent Company of Many Famous Fast Food BrandsNumber of Units% FranchisedTaco Bell Division7,79194%Pizza Hut Divison18,38199%Habit Burger Grill Division31813%YUM53,42498%1 more row•Jul 14, 2022
How much does Pizza Hut franchise owner earn?
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.
Is Dominos a franchise?
Domino's prides itself in building excellence around its team members and franchisees. Much of Domino's success has come from is franchise business model, which is an internally based franchise system.
How much is a 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.
What type of ownership is Pizza Hut?
Private equity ownership provided it with a clear five-year investment horizon and cash to spend on refurbishing restaurants, upgrading menus and improving service and operational standards.
How do I get a Pizza Hut franchise?
The initial franchise fee would be 25 thousand USD or nearly 14 lakh rupees as per the present conversion rates. Additionally, you will have to pay an annual 6.5% royalty on your profit.
How much is a Domino's franchise?
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.
What is the cost of 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.
Is Starbucks a franchise?
Starbucks Coffee doesn't franchise. Even though franchising is a classic, successful growth strategy for myriad beloved, familiar brands, Starbucks does not grant franchises. It's not because franchising isn't a time-tested model for growth. Many companies offer franchises.
What's the biggest franchise in the world?
McDonald's Since its beginning in 1954, McDonald's has become the center that other fast-food franchises orbit around. Yet, the presence of so many imitators has done nothing to quell its global success. The company enjoys over $90 billion in global sales and represents the largest franchise network in the world.
Is Little Caesars a franchise?
Little Caesars has expanded to around 6,000 locations worldwide. About 90% of the chain's locations are franchised and about 10% are corporate owned. Roughly 80% of the restaurants are located in the United States.
How many Pizza Huts are there in the world 2022?
From our modest beginnings in 1958, Pizza Hut has grown to become the largest pizza company in the world. We have more than 18,000 restaurants in over 100 countries.
How much is a Domino's franchise?
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 is a Pizza Hut franchise in Canada?
In Short, the Financial requirements are: Initial Franchise Fee and Application Fee: $35,850. Working Capital: $150,000 single unit or $350,000 multi-unit. Net Worth Required: $500,000 single unit or $750,000 for multi-units.
Who owns Pizza Hut Sri Lanka?
Gamma Pizzakraft Lanka Pvt LtdGamma Pizzakraft Lanka Pvt Ltd is the sole franchisee for Pizza Hut in Sri Lanka and the Maldives.
What are the minimum requirements to qualify to be a Pizza Hut franchisee?
What are the minimum requirements to qualify to be a Pizza Hut franchisee?
How much will I pay in royalties and advertising? What fees will I pay when I become a Pizza Hut franchisee?
The above amounts do not include the initial investment required to construct the restaurant, grand opening expenses or opening inventory. Please refer to the current Pizza Hut, LLC Franchise Disclosure Document (FDD) for more in-depth information on the estimated initial investment and other ongoing fees
How long is the approval process?
After that, identifying and securing an opportunity can take 3 to 9 months depending on size and scope of the opportunity.
Who will build my restaurant?
You will be responsible for the construction of your restaurant. However, Pizza Hut has a wealth of resources to assist you, including the names of general contractors that work across the United States with significant experience building Pizza Hut restaurants. A new franchisee may, for a fee, secure Pizza Hut ’s services to complete its construction process.
Will you provide plans and an equipment list? Can I use equipment that I already own or used equipment?
You will not be allowed to use equipment or furnishings you already own. You will work with Restaurant Supply Chain Solutions (RSCS) on standards and specifications regarding furnishings, equipment and approved suppliers.
Does Pizza Hut plan to sell any company-operated restaurants in my area? Can I get a list of all the restaurants available for sale?
Pizza Hut may sell existing company-owned restaurants to existing or new franchisees. Given that these restaurants are operating today, we do not issue a summary list of what is available. If you are qualified as a franchise candidate and have indicated that you would like to buy restaurants in a specific geographic area, we will determine if we have restaurants for sale that meet your request.
How much will food and supplies cost? What suppliers should I use?
A list of approved suppliers will be provided to you and you are required to purchase your supplies from those companies. Pizza Hut provides some key cost information in Items 8 and 19 of the FDD. Purchasing activities for food, packaging and equipment used in the Pizza Hut system are conducted primarily through RSCS.
What are the different types of pizzas at Pizza Hut?
In North America, Pizza Hut has notably sold: 1 Pan pizza, baked in a pan with a crispy edge; 2 "Stuffed crust" pizza, with the outermost edge wrapped around a cylinder of mozzarella cheese; 3 "Hand-tossed", more like traditional pizzeria crusts; 4 “Thin 'N Crispy”, a thin, crisp dough which was Pizza Hut's original style; 5 Dippin' Strips pizza, a pizza cut into small strips that can be dipped into a number of sauces; 6 The P’Zone, a calzone with a marinara dipping sauce that comes in plain, Supremo, Meaty, and pepperoni 7 The Bigfoot pizza, its largest product
How many locations does Pizza Hut have?
The chain has 18,703 restaurants worldwide as of December 31, 2019, making it the world's largest pizza chain in a number of locations.
Why did Gorbachev appear in the Pizza Hut commercial?
In 1997, former Soviet Union leader Gorbachev starred in a Pizza Hut commercial with his granddaughter Anastasia Virganskaya to raise money for the Perestroyka Archives. The ad "obviously exploited the shock value of having a former world leader appear... [and] played on the fact that Gorbachev was far more popular outside Russia than inside it". It was filmed on a multi-million budget with a cinematic quality, including mounting cameras on the Kremlin and shutting down Red Square to get the establishing shots of the square, and dialogue entirely in Russian with English subtitles, to show Pizza Hut as a global brand compared to its American rivals.
What is the slogan of Pizza Hut?
From 1995 to 1999, the slogan was "You'll love the stuff we're made of". The advertising slogan is currently "No one outpizzas the hut". Pizza Hut does not have an official international mascot, but at one time, a series of commercials in the U.S. aired, titled " The Pizza Head Show ".
When did Pizza Hut become Yum?
Twenty years later, Pizza Hut (alongside Taco Bell and Kentucky Fried Chicken) were spun off by PepsiCo on May 30, 1997, and all three restaurant chains became part of a new company named Tricon Global Restaurants, Inc. The company assumed the name of Yum! Brands on May 22, 2002.
What is dippin strip pizza?
Dippin' Strips pizza, a pizza cut into small strips that can be dipped into a number of sauces; The P’Zone, a calzone with a marinara dipping sauce that comes in plain, Supremo, Meaty, and pepperoni. The Bigfoot pizza, its largest product. The "stuffed-crust" pizza was introduced on March 26, 1995.
When was Pizza Hut founded?
Pizza Hut was founded on June 15, 1958, by two brothers, Dan and Frank Carney, both Wichita State students, as a single location in Wichita, Kansas. Six months later they opened a second outlet and within a year they had six Pizza Hut restaurants. The brothers began franchising in 1959. The iconic Pizza Hut building style was designed in 1963 by Chicago architect George Lindstrom and was implemented in 1969. PepsiCo acquired Pizza Hut in November 1977. Twenty years later, Pizza Hut (alongside Taco Bell and Kentucky Fried Chicken) were spun off by PepsiCo on May 30, 1997, and all three restaurant chains became part of a new company named Tricon Global Restaurants, Inc. The company assumed the name of Yum! Brands on May 22, 2002.
Why is Pizza Hut so cool?
This Pizza Hut is cool simply because it's a dine in Pizza Hut. You have the choice of picking up pizza or dinning in and actually ordering from a lengthy menu.
What is Pizza Hut?
Pizza Hut, LLC (PHLLC or Pizza Hut) is the franchisor. YUM! Brands, Inc is the corporate parent of PHLLC. The franchisor offers businesses to operate Pizza Hut restaurants. Pizza Hut restaurants offer pizza, pasta and other Italian-style food items, and WingStreet chicken products and side dishes. There are three types of Pizza Hut-branded restaurants that the franchisor currently offer to operate: 1 Restaurant-Based Delivery (RBD) System Restaurants: dine-in restaurants with carryout and delivery. 2 Delivery/Carryout (Delco) System Restaurants have only carryout and delivery options. 3 Delivery Based Restaurant (DBR)/Fast Casual Delco (FCD) System Restaurants: menu items available for dine-in and carryout consumption, or delivered for off-premises consumption.
How long does it take to get a first slice?
The First Slice must be completed three to four weeks before the opening of the restaurant. According to guidelines that the franchisor may specify in the brand standards or otherwise, the franchisee may request on-site training or assistance at any time. Periodically, the franchisor may offer additional training required to franchisees and the system restaurant manager (s) to attend and complete. The franchisor may also provide conferences, conventions, or training session programs.
What is a RBD?
Restaurant-Based Delivery (RBD) System Restaurants: dine-in restaurants with carryout and delivery.
How many yards are in a protected radius?
Territory Granted: The franchisor will grant Protected Radius to the franchisees. Protected Radius consists of 500 yards surrounding each restaurant.
Does Pizza Hut sell restaurants?
Pizza Hut may sell existing company owned restaurants to existing or new franchisees. Given that these restaurants are operating today, we do not issue a summary list of what is available. If you are qualified as a franchise candidate and have indicated that you would like to buy restaurants in a specific geographic area, we will determine if we have restaurants for sale that meet your request.
Does Pizza Hut have a building plan?
The Pizza Hut Architecture and Engineering team will provide you with standard building plans that you and your contractor (if applicable) can use as well as work with you on any changes to the layout because of city restrictions. You will not be allowed to use equipment or furnishing you already own. You will work with Restaurant Supply Chain Solutions (RSCS) on standards and specifications regarding furnishings, equipment and approved suppliers.
What is the largest pizza company in the world?
What started out as a small pizza place in 1958 is now a pizza restaurant powerhouse. Pizza Hut is the largest pizza company with more than 6,300 restaurants and 125+ franchise owners and is under the umbrella of Yum’s restaurant brands which also includes KFC and Taco Bell.
How much does it cost to buy a Pizza Hut franchise?
The total investment to buy a Pizza Hut franchise ranges from $297,000-$563,000 and offers a number of different business models from which to choose. The most cost effective is the In Line/End Cap “Delco” Delivery / Carry Out Restaurant. You can refer to Pizza Hut's Item 7 of the FDD for the estimated initial investment for other business models. Pizza Hut franchisees must be "hands-on" with the business.
How long does it take to get a pizza hut certified?
The training program ranges from 8 – 12 weeks and is conducted in a certified training restaurant in Dallas, TX. Pizza Hut pays for the cost of the training. Franchisees are responsible for all other costs including travel and lodging of the management team. Please refer to Item 11 of the FDD for specific information.
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 Jon Smith Subs?
Jon Smith Subs is a FRESH new opportunity with a track record for success, serving high quality subs, right off the grill, overstuffed and piled high with the freshest ingredients, since 1988.
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 .
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:
What is FDD page?
It is an overview of what is contained in the full document, which is to be given to the prospective franchisee by the franchise--and receipt of which must be formally notarized between the parties. If you are interested in getting in touch with a franchise company, please search our listings via the "Industry" pages accessible from the drop-down menu above.
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.
What is a RBD pizza?
Restaurant-Based Delivery (RBD) System Restaurants, from which “Pizza Hut” pizza and other products approved by PHLLC are sold for dine-in and carryout consumption and may be delivered for off-premises consumption;
What is Delco delivery?
Delivery/Carryout (Delco) System Restaurants, from which approved products are sold for carryout and are delivered, all for off-premises consumption; and
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.
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.
Background
Pizza Hut selects franchisees who have a solid restaurant or retail management experience. The company's franchise Owners must commit to opening at least two locations and ideally have eyes to open at least five Pizza Huts in as many years. The franchisees who are selected will complete a training program in Dallas, Texas for over two months.
Franchises Similar to Pizza Hut
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
What is Pizza Hut's food innovation team?
The Food Innovation Teams leverage principles of Food Science and consumer input to ensure the Pizza Hut menu is relevant and maintains a high standard of quality and safety to bring joy to our customers.
What is Pizza Hut corporate culture?
At Pizza Hut Corporate, we foster a culture where team members are empowered to be their best. We know that our people are the foundation of our success, so we hire motivated, inspiring co-workers who love to collaborate and have a good time at work. We believe the strongest team members are those who can be themselves and challenge themselves to continually grow. Sound like you? Then we think you should join us here at Pizza Hut.
What is the people team at Pizza Hut?
The ‘People’ people of Pizza Hut, the HR and internal communications teams know that people are the foundation of Pizza Hut’s success and that the right programs can elevate team members and the business. The HR team ensures it hires the best talent, sets them up for success, and rewards them for a job well done…communicating all along the way!
What are the benefits of Pizza Hut?
Benefits for all stages of life ranging from financial, health, work/life, education, and giving back. Pizza Hut fosters a culture that is committed to the happiness and success of its employees. Achieve your goals through a number of career growth options that suit your needs.
What is the role of finance team?
Team members within the Finance team work with key business partners to build business strategy, provide analytical insight, and drive financial discipline and stellar business results.
Does Pizza Hut have a legal team?
Pizza Hut’s Legal team partners strategically with all of the different business groups all the while providing freedom in a framework to ensure the Pizza Hut Brand succeeds on all levels.
Top 20 Most Popular Franchises: Pizza Hut
Vetted Biz is the leading platform for accessible and analytical data on franchises and businesses available in the U.S. Our research team has reviewed over 2,650 franchises.
How Much Does a Pizza Hut Franchise Cost?
The total investment A stock (also known as equity) is a security that represents the ownership of a fraction of a corporation.
Pizza Hut in Numbers
When evaluating a Pizza Hut franchise’s potential for growth one does not need to go beyond Quick Service Restaurant numbers to better understand the prospect for success of the opportunity at hand. The fast-food industry A particular form or branch of economic or commercial activity.
Overview
Pizza Hut is an American multinational restaurant chain and international franchise founded in 1958 in Wichita, Kansas by Dan and Frank Carney. They serve their signature pan pizza and other dishes including pasta, breadsticks and dessert at dine-in, take-out and delivery chain locations. They also serve chicken wings on their WingStreet menu.
History
Pizza Hut was founded on May 31, 1958, by two brothers, Dan and Frank Carney, both Wichita State students, as a single location in Wichita, Kansas. The now famous little brick building was close to their childhood home and stomping grounds. The Carney brothers grew up in the beautiful College Hill neighborhood amongst many life long Wichita families where tree-lined streets were filled wi…
Concept
Pizza Hut is split into several different restaurant formats: the original family-style dine-in locations; storefront delivery and carry-out locations; and hybrid locations that have carry-out, delivery, and dine-in options. Some full-size Pizza Hut locations have a lunch buffet, with "all-you-can-eat" pizza, salad, desserts, and breadsticks, and a pasta bar. Pizza Hut has other business concepts inde…
Products
In North America, Pizza Hut has notably sold:
• Pan pizza, baked in a pan with a crispy edge;
• "Stuffed crust" pizza, with the outermost edge wrapped around a cylinder of mozzarella cheese;
• "Hand-tossed", more like traditional pizzeria crusts;
Advertising
Pizza Hut's first television commercial was produced in 1965 by Bob Walterscheidt for the Harry Crow agency in Wichita, and was entitled "Putt-Putt to the Pizza Hut". The ad looks just like an old movie and is set in fast motion. It features a man in a business suit and tie, played by Ron Williams, who was then a production manager for Wichita's ABC affiliate KAKE-TV, as he starts orderin…
WingStreet
WingStreet is the name used for Pizza Hut's chicken wing menu.
In 2003, Yum! launched WingStreet in combination with existing Pizza Hut franchises. On October 19, 2009, Company president Scott Bergren publicized WingStreet's national launch. The chain predicted aggressive growth, adding more than 4,000 locations by 2010. In 2012, Pizza Hut opened a standalone pil…
International
Pizza Hut's international presence under Yum! Brands includes:
• Canada and Mexico in North America
• Japan, India, Bangladesh, Pakistan, China, Saudi Arabia, United Arab Emirates, United Kingdom, European Union, Qatar, Philippines, Vietnam, Thailand, Malaysia, Singapore, Indonesia, Brunei, Hong Kong, Taiwan, South Korea, Myanmar, and Macau in Asia
Criticism
In the United Kingdom, Pizza Hut was criticized in October 2007 for the high salt content of its meals, some of which were found to contain more than twice the daily recommended amount of salt for an adult. The toppings that consumers prefer, however, (ham, sausage, bacon, etc.) naturally contain high levels of salt.
To meet the Food Standards Agency 2010 target for salt levels in foods, betwe…