Equitable the requirements to begin a Pizza Hut franchise.
As of 2010, Pizza Hut had 5,401 U.S. franchises and 4,229 franchises overseas. The Trade-mark recognition associated with Pizza Hut could allow you an servicing over the competition. Yum! Brands--the fountain corporation of Pizza Hut and other cooking franchises--also encourages you to include the WingStreet Trade-mark into your Pizza Hut franchise, because pizza and wings birr stable flourishing. Whether you're considering buying a Pizza Hut franchise, you must apt the requirements.
Net Worth
Your collar bill is the extent of process that you're price, brick wall by adding up all of your assets and subtracting all of your liabilities. In direction to invest in a Pizza Hut franchise, you must gain a collar worth of $250,000 or more.
Liquid Capital
Moreover to your net worth, some of this money must be "liquid," or easily accessible to cover the costs of starting a business. Though financing is available, you will need to put some of your own money into the business. However, the company does provide training to new franchisees, so you can learn what you don't know.
Franchise Fee
You must pay an additional franchise fee of $25,000, which buys you the opportunity to use the Pizza Hut brand name and to get special training and help as a franchisee.You will need at least $250,000 in liquid capital, but this amount could be more based on the type of Pizza Hut you want to open. A larger, restaurant-style Pizza Hut requires more money.
Business Experience
Yum! Brands prefers that you have some pizza industry experience and business training.Royalties
The costs of owning a Pizza Hut franchise don't stop once the business is up and running. You also have to pay a royalty fee on the profits that you make, amounting to six percent.
