Pizza Hut

Private Group active %s

American multinational restaurant chain and international franchise founded in 1958 in Wichita, Kansas by Dan and Frank Carney. The chain, headquartered in Texas.

Entity Type
Yum!
Category
Restaurant - Casual
Average Square Footage
2,900-4,000
Sales Per Square Foot
$878000
Average Sales Per Store
$74,832
Stores Operated
7449
Growth Plans
Plans are to decrease over 500 locations over the next two years as part of closing underperforming stores and converting to its modern express format. Store closures in 2020 are part of NPC International's bankruptcy proceedings (Pizza Hut's largest franhcisee)
2022 Expansion
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2023 Expansion
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Documents
Real Estate Brochure
5.42%
Current Average Cap Rate
$18.82
Nationwide Average Rent Per Foot
10 - 15 yr
Typical Lease Term

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