Pizza Hut FDD Summary
Type of Business
The franchisee will operate a dine-in, delivery or delivery and carryout restaurant, offering primarily pizza, pasta and other Italian-style food items, under the name Pizza Hut. The franchisee may acquire one or more existing Restaurants from Pizza Hut, Inc. or one or more of its subsidiaries, or may construct a new Restaurant.
Corporate Information
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.
Investment
The total investment necessary to begin operation of an existing Pizza Hut restaurant ranges from $225,000 to $1,025,000 or more, of a new Pizza Hut “Red Roof” dine-in restaurant (with or without delivery) ranges from $852,000 to $2,109,000, of a new Pizza Hut Freestanding “Delco” Delivery/Carryout restaurant ranges from $545,000 to $882,000, of a new Pizza Hut Inline/Endcap “Delco” Delivery/Carryout restaurant ranges from $379,000 to $528,000 and of a new Pizza Hut Inline/Endcap “Delco Lite” Delivery/Carryout restaurant ranges from $297,000 to $459,000, in each case excluding real property and including $25,000 that must be paid to the franchisor.