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Pizza Hut Inc.

2014 Franchise 500
#9
At a Glance

Products & Services: Pizza, pasta, wings

Number of Locations: 14,967

Total Investment: $297K - $2.1M

Founded: 1957

Began Franchising: 1959

About Pizza Hut Inc.

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.

Franchise Units

Year U.S. Canadian International Company Owned
2014 7,355 0 5,601 2,011
2013 7,304 0 5,396 1,657
2012 7,121 0 4,791 1,835
2011 7,083 0 4,570 1,779
2010 6,917 0 4,296 2,068
Where Seeking Franchisees: Franchisor is seeking new units internationally.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $297,000 - $2,109,000
Franchise Fee: $25,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 20 years
Financial Requirements
Net Worth: $700,000
Liquid Cash Available: $350,000

Franchise Ranking History

Franchise 500®: #9 (2014), #10 (2013), #9 (2012), #13 (2011), #15 (2010),
Fastest-Growing: #10 (2014), #66 (2013), #13 (2012), #6 (2011), #11 (2010),
America's Top Global: #8 (2013), #8 (2012), #11 (2011), #12 (2010),

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