Pizza Hut
Food & Beverage QSRCompany Information
Address
7100 Corporate Drive Plano, Texas 75024
Website
Tel
Email
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Franchimp Summary Rating
Lower than 53% of peers
Higher than 84% of peers
Franchise Summary
Description
You will operate a non-traditional location selling Pizza Hut pizza and other approved products (a "Licensed Location")
Company Background
Pizza Hut is a pizza restaurant that offers dine-in, delivery and carryout. We offer primarily pizza, pasta and other Italian-style food items. The franchisee will operate a Pizza Hut restaurant under the name Pizza Hut (each, a "Restaurant").
Franchise Opportunity
Pizza Hut is known for its pizza, but there are a lot of other Italian-style food items on the menu that deserve attention. A lot of people think of Pizza Hut as just a pizza place, but there's so much more to our menu than that. We have pasta, sandwiches, and other Italian-style food items that are perfect for any occasion. Come to Pizza Hut and try out our delicious menu for yourself. You won't be disappointed.
Corporate Structure
Pizza Hut, Inc. is a California corporation. PHI was originally incorporated as “Pizza Hut of San Diego, Inc.” in 1967, and changed its name on September 25, 1997, in anticipation of acquiring the assets of Pizza Hut, Inc., a Delaware corporation. PHI does not currently do business under any trade name other than “Pizza Hut.” PHI’s principal business address is 7100 Corporate Drive, Piano, Texas 75024-4100. PHI’s corporate parent is YUM! Brands, Inc. f/k/a TRICON Global Restaurants.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. QSR Industry$973,080 / unit
Franchise Type: Standard
Average Revenue During 2020
Franchisee Attrition
This franchise's rate of attrition in 2014
of 3.64%
was
Slightly Lower
than the 4% in the QSR industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
| # | Type | Investment | Fees |
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Management Team
| # | Name | Position |
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Distribution of Pizza Hut Franchisees
Pizza Hut Franchise System Development in 2022
FAQ
How much investment do I need to start my own Pizza Hut business?
Franchisees typically require at least $412 to $2 investment to get their Pizza Hut business started
What are the initial franchise fees for Pizza Hut?
Franchisees typically need to pay at least $40 in fees directly to Pizza Hut in order to earn the right to launch their business
How much money can I make with a Pizza Hut franchise? What are
the average revenues for a typical Pizza Hut business?
We estimate that the average revenue of an individual
Pizza Hut unit is approximately
$973,080. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Pizza Hut unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$412,000 to $2,053,500
which is
Much Higher
than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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