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Are you interested in starting a business in the retail food industry? Do you want to start Pizza Hut franchise business in your locality? Read this review article to learn why and how to apply for the Pizza Hut franchise including cost and investment.
Pizza Hut was founded by Dan and Frank Carney in the year 1958. Presently, Pizza Hut has a network of more than 17,000 retail outlets cutting all across the world.
In India, Pizza Hut India operates more than 200 retail outlets and more than a hundred Pizza Hut Home Service Units. Pizza Hut has also been ranked as the #1 most trusted food franchise in India by The Economic Times. Quick Service Restaurant business as a whole is expanding fast in India. Pizza is already a popular item for average Indians, especially in the younger generation.
Why Pizza Hut Franchise?
Yum!, Pizza Hut’s parent company is the world’s largest restaurant company in terms of the number of restaurants with more than 37,000 locations in more than 117 countries and territories and more than one million associates.
As a new franchise with Pizza Hut, you will be a member of a nationally and internationally recognized brand and market share leader.
Pizza Hut provides innovative approaches to customer engagement and continues a long history of brand awareness with consistent marketing and advertising. Pizza Hut’s consumer awareness helps to connect your business with customers.
Investments Required to Start a Pizza Hut Franchise
The minimum financial requirement to open a Pizza Hut franchise in the United States is $700,000 Net Worth and $350,000 in liquid assets.
In India, to open a Pizza Hut franchise approximate cost will be around 25 to 30 Lacs Rupees which includes initial license fees, development services fee, equipment, opening inventory, building, delivery vehicles, and other miscellaneous expenses. Other than the initial cost, you will have to pay an annual 6.5% royalty on your profit.
How to Apply
Initial qualification involves a series of background checks and interviews and generally takes 10-12 weeks. After that, trade area selection and approval can take three to nine months but depends on several factors including when you identify a trade area to pursue. If you are interested in applying now for a franchise of Pizza Hut, drop in your inquiry here – https://www.pizzahut.co.in/franchise_enquiry.php.
Pizza Hut franchise business opportunity is a profitable and rewarding option for individuals looking for a retail-based food service franchise opportunity. Analyze and decide whether this business opportunity fits you as per your skills, experience, interest, and knowledge.