Pizza Hut is a well-known brand under Yum Investment Co., Ltd. In 1990, it opened its first restaurant in Beijing. Now it has multiple Pizza Hut chain restaurants in China, which has won unanimous praise from consumers. The products in the store are also very diverse, with steak series, pizza series, and snack series all very popular. Naturally, it has attracted the attention of franchisees. If you want to join a Pizza Hut, you must first understand the cost of joining. Then I will introduce to you how much it costs to join a Pizza Hut. Pizza Hut Pizza Franchise Application Form
1. Initial Franchise Fee
The initial fee to join Pizza Hut is 300,000 yuan, which is mainly used to obtain the authorization of the Pizza Hut brand.
2. Training costs
Store employees and franchisees need to go to the Pizza Hut brand headquarters for training to learn how to make products and business management, so as to better serve consumers , the training cost is 60,000 yuan.
3. Rent costs
Generally speaking, the store area required to open a Pizza Hut is relatively large. 300㎡ is a minimum standard, so the rent is about 60,000 yuan per month.
4. Decoration Cost
Decoration will be carried out in accordance with the unified standards of the Pizza Hut brand. The brand headquarters will also send special personnel to the store to help design renderings. The decoration cost is 800 yuan per square meter. If it is 300 square meters, it will cost 240,000 yuan per unit.
5. Equipment and raw material costs
Equipment and other materials are also provided by the Pizza Hut brand headquarters. The equipment cost is 150,000 yuan, and the initial raw material cost is 50,000 yuan. Later orders can be made based on the store's business situation.
6. Publicity expenses and opening expenses
How to let local consumers know the existence of Pizza Hut franchise stores requires publicity to play a role. Advertising and hosting can be carried out in the early stage Promotional activities, etc., to create awareness in the local area. Promotional expenses and opening expenses are 10,000 yuan each.
7. Staff wages
A 300-square-meter Pizza Hut franchise store requires 15 employees. Each person's monthly salary is 3,000 yuan, and the cost per day is 45,000 yuan.
8. Water, electricity and miscellaneous expenses
Generally speaking, the monthly consumption of water, electricity and miscellaneous expenses is 4,000 yuan.
The above is the approximate cost of opening a Pizza Hut. Compared with other brands of Pizza Hut, the investment is still higher. Franchisees can evaluate their own strength and determine whether they can join Pizza Hut.
Reference: Pizza Hut China official website