The first Pizza Hut restaurant was opened in 1958 in Wichita, Kansas, and within a year, the first franchise unit was opened. By 1977, when PepsiCo acquired Pizza Hut, its U.S. restaurant system had grown to nearly 3,200 units. Today, Pizza Hut is the largest restaurant chain in the world specializing in the sale of ready-to-eat pizza products. As of year-end 1996, the concept had grown to more than 12,300 units. Today Pizza Hut operates in 84 countries and territories throughout the world. Pizza Hut features a variety of pizzas with different toppings as well as pasta, salads, sandwiches and other food items and beverages. The distinctive decor features a bright red roof.
Franchising is a fantastic opportunity for many; it may not be for everyone. It is suitable for entrepreneurs with the aptitude to build a business. In fact, it requires a sound commitment. If you are one of these people, then this franchise can be a good place to begin your entrepreneurial career.
As part of a joint venture between Whitbread and Tricon in the UK, Pizza Hut has an access to almost unparalleled wealth of franchising experience and expertise. This global success means it has an extensive and tested formula for setting up franchisees to operate successfully within its network. It' is all based on the ‘Partnership Pact’ which establishes a working trust based around mutual respect and a consideration between the customer and the entrepreneur. Pizza hut provides good training to the manpower at the various franchises. The training process at pizza hut is significantly more comprehensive than many other food chains. It' is a total of 13 weeks training based both in-store and in a classroom
For franchising this outlet you need a personal net capital worth of $1mm, liquidity of $360m and endorsed financial plan for future development. You must have a food serving experience and a passion for serving the customers. It is required that you are committed to building people’s capability. You should have a commitment to management and team training. All this will qualify you to franchise a Pizza Hut.
Remember franchising a food outlet that has a good reputation is not easy. The brand name cannot guarantee success. Master Franchisers will do a load of demographic and marketing studies evaluating potential customer base, drive by traffic, etc., but the only thing that they cannot do is guarantee your success nor will they document any specific revenues or profits. You will need great people skills. This is a people business. You will have to be an organizer with a can do attitude. You will have to be dedicated and passionate about your commitment, but flexible enough to adapt to our proven system. You will have business experience and ambitious growth plans, but also be prepared to roll your sleeves up. Finally, you have a good capital to invest in making your dream a reality. If all this is available you can easily franchise Pizza Hut.
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