How Can You Get Pizza Hut Franchise?

How Can You Get Pizza Hut Franchise?

How Can You Get Pizza Hut Franchise?

What is the go-to pizza restaurant for every American?

It’s Pizza Hut of course! The fast-food giant was founded in 1958 by Frank and Dan Carney in Wichita, Kansas. The rest of the story is in front of you with franchises spread across the globe. If you want to jump on the bandwagon as well, then you’re at the right place.

There are various factors you should consider before you open up your own Pizza Hut joint. Lucky for you, this article has every detail you need to kick start your Pizza Hut franchise in no time. Take notes while you’re at it!

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Type of Pizza Hut Franchises First things first, you need to sort out what kind of a Pizza Hut franchise are you willing to open up? Are you opting for the ‘classic traditional’ Pizza Hut locations that you usually see as stand-alone restaurants? Do you want it to be more take-out focused or you want people to sit and dine in?

There also is an option of a non-tradional development that you get via the Express licensing program. This type of franchise is usually located at the airport, colleges, stadiums, etc.

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The Budget

Once you pick the type of Pizza Hut franchise you want to own, then you get to the main question, how much is all this going to cost? We will break it down into simple steps.

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The Budget 1. You should expect an initial investment to be in a range of $297,000-$563,000 to get the franchise up and running. If you have a much broader perspective in mind, it can even go up to $2million. All this investment entirely depends on the type of franchise, location and how many franchisees do you wish to own.

2. The franchise fee itself however costs around $25,000 per restaurant in a 20-year agreement. Once your restaurant starts up, you have to pay a royalty fee of 6% or above to own a franchise which can be paid monthly or quarterly.

3. Marketing and advertising fees depend upon the gross sales. A minimum of 4.25% monthly or quarterly should be expected.

4. A technology fee of $2,500 is to be paid per annum 5. In case of a late fee, a late fee charge of 1.5% over very delayed payment per month would be charged.

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Franchise Requirement Owning a franchise of a reputable on-going business requires financial and experience-based requirements to be fulfilled. These are: 1. $700,000 net worth 2. $350,000 cash liquidity 3. Strong credit history and score 4. Future development financial plan that is endorsed by the parent company.

5. Experience in manageing prior retail or restaurant Once this is over, you can apply and expect an interview call, after which you would receive training of 3-9 months.

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Kick-Starting Your Franchise Congratulation! You can now begin building your restaurant. The construction of the restaurant is entirely your responsibility. This is actually a fun part, you get to decorate your place as per your desire but staying within the theme of Pizza Hut. You would also have to hire employees and provide them with proper training to maintain the very same taste and service. It is also important to choose the right equipment for it like ovens, you can bake a pizza without an oven. We suggest you opt for Middleby Marshall Pizza Ovens for the best results.

The steps aren't as complicated as they seem, however it will take some serious time and planning to have that perfect Pizza Hut franchise you have been dreaming about.

Patience is the key to every success!

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Thank You