Pizza Hut Delivery, a wholly-owned subsidiary of leading franchisor, YUM!, is investing £20m in the business and is planning to open a further 100 stores by 2014.
According to the company, a key part of the investment is the launch of a new franchise incentive scheme that has been developed to support franchisees in opening new stores. The incentive programme offers up to £65,000 support to existing and new franchisees for opening a new store by 30 November 2013 subject to some basic terms and conditions.
The expansion plan will create significant opportunities for existing and prospective franchisees across England, Wales and Scotland to invest in a world-class pizza delivery brand that will deliver great value, said Pizza Hut Delivery.
Mark Fox, managing director, Yum! III (UK), said: “We are committed to delivering a major investment in growing our UK system, creating significant new opportunities for existing and would-be franchisees. Our investment will increase our marketing spend, drive the outlet numbers, and visibility of Pizza Hut Delivery and create opportunities for franchisees to grow their businesses quickly.
“It is testament to the Pizza Hut Delivery brand, and our focus on quality and service, that we’ve seen strong system and same store sales growth over the past three years. The long-term goal is to establish a solid base of over 700 delivery stores across the UK, with an immediate business focus of delivering an additional 100 stores. We hope and expect the whole system to benefit from this great investment in the Pizza Hut Delivery brand in the UK.”
Pizza Hut Delivery currently has around 300 stores in England, Wales and Scotland, both company-owned and franchise. The company said it is actively seeking potential franchisees interested in running their own Pizza Hut Delivery business, and encouraging existing franchisees to open additional units across England, Wales and Scotland.