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Pizza Hut
Beginning of essay
began operation as a single pizza shop run by two brothers, Dan and Frank Carney, in Wichita, Kansas on June 15, 1958. The chain grew to 43 restaurants in 1963 and 296 in 1968. went public in 1969 and was acquired by PepsiCo, Inc. in 1977. By 1981 had become the largest pizza restaurant chain ....
Middle of essay
....rket. The main reason for this increase was the home delivery of pizza which had suddenly gained great popularity.
FRANCHISING CONCEPT & ITS DISADVANTAGES
had a logistical problem with the delivery aspect of sales being added to the market. Franchising was done for each restaurant opened. The initial fee was $15,000 for each system. The company or franchise also paid 4% of monthly gross sales to the company. An investment of $466,000 to $816,000 was made when the dine-in/carryout restauran.... |
| Number of words: 1578 |
Approximate pages: 6 |
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