It has up to six months to grant approval, and then you have up to a year to open. Pizza Hut must approve the site you choose before you can build the restaurant. 3 months’ worth of additional funds: $5,000-$20,000įranchisees will pay a $25,000 initial franchise fee, a development services fee of up to $35,000 and various other development fees.Development services fee: Up to $35,000.We’ll break these down in more detail after: Here’s a breakdown of the initial costs of opening a delivery and carryout Pizza Hut. Pizza Hut states that its delivery/carryout restaurant is its most cost-effective option. You may pay more - or less - depending on the type of asset you buy. Pizza Hut requires a substantial upfront investment from franchisees, ranging from $297,000 to $563,000 for a delivery and carryout location. Understanding the costs of buying a franchise and potential profits can help you determine if it’s the right business investment for you.
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The brand is accepting new applications for franchises, so keep reading to find out more about the costs of buying a franchise and how to finance one. Pizza Hut’s system sales were $12.2 billion in 2018. Parent company Yum Brands, which also owns Taco Bell and KFC, reports that 99% of Pizza Hut locations are franchised. Pizza Hut, which is well-known for introducing Pan Pizza, offers a range of traditional pizzas, pasta, wings, breadsticks, desserts and soft drinks available for dine-in, carryout and/or delivery. It has more than 18,000 restaurants worldwide. The 61-year-old pizza chain had about 7,500 U.S. If you’re thinking about buying a restaurant franchise, Pizza Hut is a possibility.
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