Pizza Hut NNN Properties for Sale
Are you looking to buy or sell a Pizza Hut Ground Lease Property, or NNN Lease Pizza Hut Property for passive investment? If you would like to buy or sell Net Lease Pizza Hut Properties, please feel free to send us an email to info@nnndeals.com and we will get back to you quickly.
 | |
| Type | Subsidiary |
|---|---|
| Industry | |
| Genre | Casual dining take-out |
| Founded | May 31, 1958 Wichita, Kansas, U.S. |
| Founders |
|
| Headquarters | 7100 Corporate Dr., Plano, Texas[1] |
Number of locations | 18,703 restaurants worldwide (2020)[2] |
Area served | Worldwide |
Key people | Vipul Chawla (President Pizza Hut International)[3] |
| Products | Pizza Fries Italian Taco Pan pizza Pasta Chicken wings Breadsticks |
| Services | Franchising |
| Revenue |  US$1.091 billion (2016)[4] |
Number of employees | About 350,000[5] |
| Parent | Yum! Brands |
| Website | pizzahut |
Pizza Hut Menus – A Variety of Flavors Designed For a Variety of People!
When one thinks of Pizza Hut, two things come to mind: a red roof and delicious pizza with an endless list of toppings available. It can support 638k-2.9 million plus the 6.5% ongoing royalties, working with employees, not to mention the necessarily reduced time with friends and family.
If anyone wants to be in ready-food business and want to think big right from the beginning, there is nothing much to look beyond Pizza Hut. Every franchisee of the company feels elated to be a part of over 6000 restaurants in the United States alone and presence in 100 other countries. That is enough to feel big, think big as a business owner, and be a part of the most modern chain of restaurants. Pizza Hut has been an enterprise of consistent success right from the time it started 50 years ago in Addison, Texas.
Current status
At Pizza Hut U.S., which generates about 60% of the division’s operating profit, it is starting to turn the corner with its focus on “making it easier to get a better pizza.” You may have seen the launch of our $5 Flavor Menu, the most compelling value menu in the pizza business with its ongoing $6.99. In 2016 it expected to open at least 525 new international restaurants with grow operating profit 7% in constant currency, which includes a two percentage point benefit from the 53rd operating week.
When it comes to tossing around dough, no one does it more often than Pizza Hut. In 2016 Financials Information for Pizza Hut, Inc. its estimated income revenue for current year is $6,731.416. In terms of salary, Average Pizza Hut hourly pay ranges from approximately $7.25 per hour for Cook/Server to $13.69 per hour for Restaurant Manager. The average Pizza Hut salary ranges from about $14,500 per year for Cook to $85,576 per year for General Manager.
How it originated?
Pizza Hut is an American restaurant chain and international franchise, known for its Italian-American cuisine menu including pizza and pasta, as well as side dishes and desserts. The company has over 15,000 locations worldwide as of 2015, and is a subsidiary of Yum! Brands, Inc. In addition, it has approximately 34,000 restaurants, delivery/carry-out locations, and kiosks in 100 countries. As of now, it is among the most sought after Pizza brands all over the world. The customers just can’t help falling for the taste and aura of its delicious and exclusive varieties of pizzas with those extra toppings of cheese, and more.
In 1958, Frank and Dan Carney were students at Wichita State University, in Wichita, Kansas, USA. Dan, at 25, was working on his master’s degree in Business Administration. On June 13, 1958, the first Pizza Hut Restaurants opened. By September it was grossing $700 to $800 a week, by December, over $1,000 a week Pizza Hut restaurants number, two and three soon followed. Franchising began in 1959 when Dick Hassur, Manager of Pizza Hut Unit No. 3 signed the first Franchise Agreement.
How does it work?
Pizza Hut Restaurants were designed for growth. In 14 years (1958-1972) franchise and company Restaurants numbered 1,000. In the next three years (1972-1977) it strength touched 3,000 mark. Home delivery is a fast growing segment of the pizza market worldwide, and Pizza Hut Delivery was developed in 1985 to compete aggressively in this highly competitive market. Today, Pizza Hut is the largest pizza chain in the world with more than 12,000 Pizza Hut Restaurants and Delivery Units operating worldwide. Approximately 270 stores are located in Australia. Pizza is one of the global foods that people enjoy. You can just go to the nearest branch in your location and enjoy hot pizza every time you need it.