Pizza Hut

Pizza, pasta, wings

Background

Founded: 1957 Franchising since: 1959
While college students in Wichita, Kansas, Frank and Dan Carney were approached by a family friend with the idea of opening a pizza parlor. Inspired, the brothers borrowed $600 from their mother, purchased secondhand equipment and rented a small building on a busy intersection in their hometown. With that, the first Pizza Hut opened its doors in 1958. Just a year later, the company incorporated and the first franchise opened in Topeka.

More than 50 years later, Pizza Hut has locations throughout the world serving its specialty pizzas. Pizza Hut is owned by Yum! Brands, parent company of A&W Restaurants, KFC, Long John Silver's and Taco Bell.

Address:
14841 Dallas Pkwy.
Dallas, Texas 75254
Phone:
(972)338-8347


Franchise Units
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 6,535 0 4,221 2,419
2008 6,223 0 4,016 2,638
2007 6,079 0 3,802 2,804
2006 -0 -0 -0 -0

Where Seeking Franchisees
Nationwide
Worldwide

Costs and Fees

Total investment: $316,500 - $2,974,000
Franchise fee: $25,000
Ongoing royalty fee: 6%
Term of agreement: Term of agreement not renewable


Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $250,000
Cash liquidity requirement: $150,000
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills


Rankings

Franchise 500® rank:
#15 (2010); #7 (2009); #4 (2008); #12 (2006);

Fastest-Growing Franchises:
#11 (2010); #65 (2009); #23 (2008); #2 (2006);

America's Top Global Franchises:
#12 (2010); #7 (2009); #9 (2008); #5 (2006);


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