Franchises · 2026 FDD · Wisconsin DFI filing 640419
Pizza Hut franchise cost, unit revenue and closures
Opening a Pizza Hut cost $846,000 to $2,130,000 in the 2026 FDD; the median unit sold $929,232 in the franchisor's fiscal 2025 (ended 2025-12-29) figures; 10.8% of franchised units closed over three years.
Franchisor: Pizza Hut, LLC. FDD issued 2026-03-25, amended 2026-10-08. Fiscal year end 2025-12-29. Figures re-found on the cited page 2026-11-03.
What a unit costs to open
FCD Dine-In/Delivery/Carryout System Restaurant. Freestanding Delco $818,000 to $2,130,000 and $816,000 to $1,900,000 (two columns, p.14); Inline/Endcap Delco $670,000 to $960,000 (p.15). Notes 9 and 10 govern the totals.
What a unit pays the franchisor
| Initial franchise fee | $25,000 | Item 5, p. 7 |
|---|---|---|
| Royalty | Monthly Service Fee 6.0% of Gross Sales (6.5% in certain circumstances), monthly | Item 6, p. 8 |
| Advertising fund | System Advertising Fund 4.75% of Gross Sales (credited against IPHFHA dues of 4.75%) | Item 6, p. 8 |
per System Restaurant; CPI-indexed; waived in the last fiscal year for existing franchisees in the closed ACE incentive program.
What a unit sells
Item 19 is optional and is the franchisor's own representation. It is shown here as filed, with the franchisor's measure, sample and period, and nothing is estimated where it is missing.
| Measure | Average Gross Sales, fiscal 2025 (ended 2025-12-29), with fiscal 2024 beside it | |
|---|---|---|
| Sample | 4,767 units: all Mature Franchised System Restaurants (traditional Dine-In/Red Roof, RBD and Delco delivery/carry-out franchised restaurants open the full reporting period; of 4,956 franchised restaurants at year end); by concept: Dine-In/Red Roof and RBD 1,875 (median $978,424), Delco 2,892 (median $895,289) | |
| Period | fiscal 2025 (ended 2025-12-29) | |
| High / low | $3,050,083 / $233,001 | |
Revenue to investment
Formula: Item 19 all-mature-franchised median / Item 7 FCD total (midpoint, low, high). A ratio of 1.00 means one year of median unit revenue equals the investment; it says nothing about profit.
How many units open and close
| Franchised units | 2023 | 2024 | 2025 |
|---|---|---|---|
| Start of year | 5,302 | 5,300 | 5,214 |
| Opened | 155 | 89 | 55 |
| Terminated | 0 | 0 | 0 |
| Not renewed | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 16 | 54 |
| Ceased, other reasons | 157 | 159 | 259 |
| End of year | 5,300 | 5,214 | 4,956 |
| Company-owned, end of year | 7 | 23 | 75 |
Item 20, Table 1 p. 45; Table 3 totals p. 51.
Closures are the franchisor's Item 20 counts of units terminated, not renewed, or ceased for other reasons, summed over 2023–2025 and divided by franchised units at the start of 2023. Units the franchisor reacquired are not closures. This is an Item 20 count, not a failure rate.
Source and method
Every figure above comes from the Pizza Hut Franchise Disclosure Document issued 2026-03-25 and amended 2026-10-08, as filed with the Wisconsin Department of Financial Institutions (filing 640419, registry record). The PDF is the franchisor's and is not hosted here; the item and page beside each figure is where to check it. Item 7 and Item 20 tables were read cell by cell; Item 19 was read by hand; each Item 20 year was checked to sum (start + opened − exits = end) before it was recorded.
Wisconsin holds two Pizza Hut registrations: 640419 Pizza Hut (Traditional), this record, and 640422 Pizza Hut (Non-Traditional), downloaded and set aside.
Informational only, not professional, legal or investment advice. Unitnomics computes from the filing and does not advise on, rank, or refer to any franchise. Last reviewed: November 2026.