Pizza Hut is an American fast-food restaurant chain that was started in 1958 in Wichita, Kansas, by Frank and Dan Carney. The company is well known for its Italian American food menu, which includes pasta and pizza, along with specialty desserts and side orders. The company was originally called Pizza Hut International, but changed its name to Pizza Hut in the US. The business changed hands several times over the years until it became part of the NBC Universal chain of restaurants. In 2020, the company was sold to the Restaurant Management Companies of America (PMCA) for around $500 million.
So how did this entrepreneur and restaurateur get his start? Well, he had joined several other franchises in the area and knew that there was a great opportunity in the region. However, he wanted to be more involved, and believed that he could help someone else start a franchise in the area. He decided to start a pizza joint that was located on the Plaza level of the Grand Hyatt in Downtown Disney, in the heart of Downtown Disney. Several years later, he decided to buy the franchise rights to the concept and open a location there.
Over the years, Pizz Hut has grown dramatically. It now has over two hundred restaurants in thirty-eight countries worldwide. The founder has always remained involved with the restaurant and serves as an active board member. Many current and former customers are impressed with the original Pizza Hut menu and decor, which is kept updated to keep customers excited and wanting to return. Some customers have also described the atmosphere as one of sophistication and style, while others have described it as homey and casual.
A Pizza Hut franchisee will receive excellent training from the founder and current executive chefs. All employees at the Company are taught how to cook authentic Italian pizza and then teach the customers how to customize their own pizzas, based upon personal taste. A Pizza Hut restaurant is unlike any other restaurant or chain, because the franchisee essentially starts a business from scratch, starting with the first oven they buy.
The Pizz Hut Company was sold to a private investor in January of 2020. This was done through the Companies’ Bancshares, a financial investment firm owned by John S.oper, a well-known philanthropist. The sale was completed in five weeks. This company had originally been developed as a concept for college students, but later became very popular among families, who wanted a place to go for dinner.
Starting a franchise, like a business itself, can be extremely rewarding. For the franchisee, it means having the opportunity to duplicate the success that millions of Americans have enjoyed through the Pizza Hut Company. For the founder, it meant a chance to take advantage of an emerging market and create a new product in a highly competitive field. For both, there are great benefits. The franchisee will enjoy a successful business, and the founder gets to live his dream.