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Promoted Opportunities
#497
Initial Investment
LOW: $297,000
HIGH: $2,144,000
Change in Units
+3.3% +520 UNITS (1 Year)
+12.3% +1768 UNITS (3 Years)
Company Profile
Founded
1958
Franchising Since
1959 (58 Years)
Corporate Address
7100 Corporate Dr. Plano, TX 75024
CEO
Artie Starrs
Parent Company
Yum! Brands Inc.
Ticker Symbol
About Pizza Hut LLC
Pizza Hut began with two brothers, Frank and Dan Carney, borrowing $600 from their mom to start a pizzeria in Wichita, Kansas. The first Pizza Hut opened its doors in 1958. The first franchised location opened in 1960 in Topeka, Kansas.
Today, Pizza Hut has locations throughout the world serving pizza, pasta and wings. Pizza Hut is owned by Yum! Brands, parent company of KFC and Taco Bell.
Financials
Financial Requirements
Initial Investment
$297,000 - $2,144,000
Net-worth Requirement
$700,000
Liquid Cash Requirement
$350,000
Ongoing Fees
Initial Franchise Fee
$25,000 - $25,000
Ongoing Royalty Fee
6%
Ad Royalty Fee
4.25%
Units (Locations)
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
Operations & Franchisor Support
Training Onsite: varies
Training at headquarters: varies
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media
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Disclaimer
The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: August 10th, 2017
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