Pizza Hut franchise is one of the leading food restaurant chains in food industry. Pizza Hut is a selected restaurant and retails management experience. Owners Must have to commit opening at least two locations and ideally have to see to open at least five Pizza Hut franchise as in many years.
Pizza Hut serves mostly pasta, wings, sides, desserts, drinks, and calzones. People loves to reliable quality, prices and brand has establishement for great reputation in market. It has mostly Two types of restarunt dine in design for location and storefronts:
- For Restaurant-Based Delivery (RBD) System
- For Delivery/Carryout (Delco) System .
Pizza Hut is focused on building and growing franchise in New York, Massachusetts, Washington D.C., Rhode Island, and New Hampshire.
#1. Pizza Hut Franchise Opportunities
Pizza Hut Franchise Opportunities; Pizza Hut is founded by Frank and Dan Carney in Wichita, Kansas in 1958. Sins in this time time in market, Pizza Hut is grown with big success. Its chain of this restarunt has over 6,000 in united states, with another 5,000 outlets in nearly 100 other countries.
In the united states, Pizza is america’s favorite dinner food option with 93% of citizen having in each month. In America 60% of citizen are purchase Pizza from Pizza franchise. This is great opportunity to having franchise to making good money.
#2. Pizza Hut Franchise Cost
To get Pizza Hut franchise you should have Pizza Hut Franchise Cost around $297,000 and $2,109,000 cost, with 20-year agreement. you must pay to company royalty fee As 6%.
- Franchise fee: $25,000
- Investment: $297,000 – $2,109,000
|Estimated Investement Cost|
|Name of Fee||Low||High|
|Initial Franchise Fee||$25,000||$25,000|
|Opening Inventory fee||$4,000||$8,000|
|Building and Site Improvements Cost||$180,000||$1,575,000|
|Delivery Vehicles Cost||Varies|
|Computer System Training Fee||$0||$1,500|
|Additional Funds (3 months) Fee||$5,000||$21,500|
|Start-Up “Other” Cost||$3,000||$4,000|
Pizza Hut Franchise Cost/Other Fee
|Type of Fee Included||Cost|
|Monthly Service Fee||6% of Gross Sales (6.5% under certain circumstances).|
|Taxes||As levied by tax authorities.|
|System Advertising Fund Contribution||4.75% of Gross Sales|
|International Pizza Hut Franchise Holders Association (IPHFHA) Dues||4.75% of Gross Sales by franchisees|
|Digital Innovation Fees||$0.38 per transaction conducted through a digital or other automated channel established by the franchisor.|
|Restaurant Technology Fee (currently, a “SUS Fee”)||$2,500 per year|
|Software Training Fee||$1,500 plus travel and living expenses.|
|Initial Training Costs||All living and transportation expenses of all trainees. The amounts are unknown and may vary depending upon the third-party supplier selected and the franchisee’s distance from training. Additional and subsequent trainee charge: $500 per person per week.|
|On-Site Training and Assistance||The then-current training fees plus expenses.|
|On-Going Training||The then-current training fees plus expenses.|
|Proprietary Products||If developed in the future, franchisees must buy proprietary products from the franchisor (RSCS, if it offers and sells same), its affiliate or designee.|
|Inspection and Testing Costs||Franchisees must reimburse PHLLC for all costs and expenses incurred in connection with the review, inspection and/or approval of a proposed product or supplier, including any salary, travel and lodging expenses.|
|Audit||The amount of the audit expenses is unknown and may vary depending upon the auditor selected.|
|Late Charges||Currently 1.5% per month|
|Unauthorized Closure||An amount equal to 24 times the average Monthly Service Fees paid or due with respect to the closed System Restaurant during the prior calendar year.|
|Relocation||Varies, depending on the franchisor’s costs in connection with reviewing and/or approving the request.|
|Transfer Fee||$2,500 plus an additional $250 per System Restaurant transferred|
|Indemnification of PHLLC||Varies|
|Attorneys’ and Experts’ Fees, Court Costs||The amount of these fees and costs are unknown and may vary depending upon factors such as the attorneys and experts selected and the court costs.|
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#3. Pizza Hut Franchise For Sale
Here is Pizza Hut Franchise For Sale
- Ensuring capitalization: You should have to ensure about investment cost is above $300,000 for opening franchise
- Evaluating cost: you should evaluating cost for real estate, equipment, sign, licenses for permit, uniform, insurance, etc.
- Think about your prior experience and strengths: You should need to think about your prior business experience before applying.
- Know about market availability: You should need to know about market availability for the Pizza Hut franchise, and see about in your location is market for Pizza Hut franchise, then apply for an application for a franchise.
- Submit your application: Finally when you applying the application form, then you will receive an email of confirmation to start franchise.
- Receive approval: when the company checks your financial and background then you will get approval for opening the franchise.