With Filipinos being a big fan of bread it’s no wonder that the home of pan pizza became such a craze amongst Filipinos, which boosted its expansion and growth in the Philippine market. Beaming with an international and local reputable trade name makes Pizza Hut a hot and ideal franchise for those who are looking to enter the F&B industry. Continue reading below to know more about the details and procedures on how to become a Pizza Hut franchisee.
About Pizza Hut
In 1958, Pizza Hut was born as a small pizza restaurant, established with a $600 that was even borrowed the mother of the founding brothers Frank and Dan Carney. The restaurant was a booming success that resulted in 300 restaurants in just 10 years since its year of establishment.
By 1984, the famous pizza finally came to the shore of the Philippine islands. Today PIzza Hut is the leading pizza chain serving Metro Manila and other nearby provinces.
Pizza Hut Franchisee Qualifications
Financial:
- $700,000 Net Worth
- $350,000 Liquid Assets
- Strong Credit Report and History
- Endorsed financial plan for future development
Experience:
Pizza Hut is looking for a candidate with a successful background in business or management, to ensure that candidates are not only financially capable but also have the skills and knowledge to handle their branch.
Pizza Hut Franchise Fee Estimated Amount
Please note that the following are provided base on U.S Pizza Hut franchise estimation. Prices may vary according to the geographical location and size. For more detailed estimation, reach through Pizza Hut’s official contact information and social media accounts.
- Initial Franchise Fee: $25,000
- Monthly Service Fee (Royalties): 6% of Gross Sales
- National Advertising: 25% Gross Sales
The above amounts do not include the initial investment required to construct the restaurant, grand opening expenses or opening inventory. For more in-depth information on the estimated initial investment and FDD Item 6 for other ongoing fees.
Pizza Hut Franchise Approval Process
Initial qualification involves a series of background checks and interviews and generally takes 10-12 weeks. After that, identifying and securing an opportunity can take 3 to 9 months depending on size and scope of the opportunity.
Note: Pizza Hut will provide the franchisee a standard building plans to guide the franchisee on building their Pizza Hut branch.
Do bear in mind that the construction cost of the restaurant is the franchisees liability, including the tools, equipment and machinery that will be needed to operate the Pizza Hut branch.
How to Franchise Pizzahut
- Fill out the form provided by pizzahut on their official website.
- Upon the approval of the submitted application form the applicant will undergo three assessment process. Background Information, Operations interview, and leadership team approval.
- Background Information- Fill out the Franchise Disclosure Document provided by Pizza Hut. Background information also includes verifying the applicant’s financial assets, credit and background checks, and more.
- Operations Interview:
Set an interview with the Pizza Hut franchise team and if applicable visit candidate’s existing operations.
- Leadership Team Approval- Visit a restaurant for a half-day, in-store experience and attend a “Meet the Team Day” to discuss opportunities for acquisition and development of Pizza Hut store.
Pizza Hut Contact Information
Website: franchise.pizzahut.com
Contact Number:
- (02) 828-70071
- (02) 828-70076
- (02) 828-70077
Pizzahut Contact form: www.pizzahut.com.ph/contact
Is Pizza Hut a Good Franchise Investment?
It’s definitely yes, while the total cost might not be for everyone, the success rate and reputable brand name of Pizza Hut makes it such a worth it business investment, specially in the Philippines where Pizza Hut is one of the leading F&B store amongst the Filipino consumers.
if i have 1 Million could i start operate pizza hut including franchise