Pizza Hut

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

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

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);