Pizza Hut Franchise
Pizza chain sold by Yum to LongRange Capital; ~980 India restaurants run by two merging franchisees (Mar 2026), no net openings. No public franchise terms.
We couldn't confirm Pizza Hut is taking franchisees right now
Treat this as research, not an open offer, until the brand confirms its programme in writing. See the note below.
About This Listing
We found no franchise, partner or dealer page on Pizza Hut India's website (checked 17 Oct 2026; its menu footer links only to About, Careers and the store locator). Almost every Pizza Hut restaurant in India is run by Devyani International and Sapphire Foods India, which are merging, and Devyani's annual report says it will open new Pizza Hut stores only to replace stores it is closing. Pizza Hut's owner also changed: press reports of Yum! Brands' 1 Sep 2026 announcement say it completed the sale of Pizza Hut outside mainland China to LongRange Capital. We found no public programme for a single-restaurant franchise, so we list Pizza Hut as 'unknown' rather than open.
Devyani International annual report FY26; Pulse 2.0 and WBKO (sale completion, 1-2 Sep 2026); Pizza Hut India's website (no franchise page)Pizza Hut franchise at a glance (terms checked Oct 2026)
Investment
Not published
The brand doesn't publish its investment
Ongoing take
Not published
Franchise fee
Not published
Payback
Not published
- Legal or regulatory action on record — see Reputation & News
- Disputes with franchisees: None found (records checked Oct 2026)
- Network growth: 334 → 630 outlets (Pizza Hut restaurants Sapphire ran a year earlier–Pizza Hut restaurants Devyani ran at 31 Mar 2025)
Outlets
980 (brand claim)
What we couldn't verify
- • Outlet closures
- • Franchisee satisfaction
- • Profit or loss
- • Revenue trend
Ask before you sign
- Get written confirmation that Pizza Hut is taking franchisees at all before paying anything — see the note at the top of this page.
- Ask for the one-time franchise fee in writing, and whether any part is refundable.
- Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
Franchise terms checked against Pizza Hut India's official website (About page; no franchise page found) on 17 Oct 2026. Figures marked * aren't published by the brand — they come from other published sources or our own estimate, and aren't verified.
Unit Economics
Mixed sourcesHow Pizza Hut says an outlet's numbers work. These are illustrations, not guarantees — check them against existing franchisees before you sign.
Sapphire-run Pizza Hut India restaurants (average)
- Restaurant EBITDA marginSapphire's Pizza Hut India restaurant EBITDA margin from its investor presentation (Aug 2026); negative means the restaurants lost money at EBITDA level; franchisee-company average.
- -3.3 % of restaurant sales
Devyani-run Pizza Hut restaurants (FY26)
- Average daily sales per restaurantDevyani's annual report gives FY26 average daily sales of ₹32,000 and says brand contribution was a minor loss for the year (Q3 FY26 contribution margin 0.8%, per Storyboard18).
- ₹32K per restaurant per day
Reputation & News
3 red flags to checkWhat the press, courts and real franchisees or customers have said about Pizza Hut — summarised by us, with every source linked.
- In the news· 21 Feb 2026
Devyani pauses Pizza Hut expansion and shuts loss-making stores
Storyboard18 (21 Feb 2026): Devyani ran 649 Pizza Hut outlets at 31 Dec 2025 and will open new stores only to replace closed loss-making ones; Q3 FY26 Pizza Hut revenue fell 6.3% to ₹178 Cr. Its annual report (639 restaurants at 31 Mar 2026) confirms the cautious approach.
Source: Storyboard18 - regulatory· Feb 2026
Yum discloses a foreign-exchange enforcement action in India
Yum! Brands' FY2025 annual report (Form 10-K) says it has been subject to a regulatory enforcement action in India alleging violation of foreign-exchange laws, over conditions of operating approvals (minimum investment, store build) and limits on remitting fees abroad. We could not confirm the amount, court status or outcome, or whether it concerns Pizza Hut specifically.
Source: Yum! Brands FY2025 annual report (Form 10-K), risk factors - Legal / regulatory· 29 Feb 2024
Kasaragod consumer commission rules against a Pizza Hut outlet
LiveLaw (29 Feb 2024): the commission found deficiency in service and unfair trade practice at the Payyannur outlet and ordered a refund of the excess charge, ₹5,000 compensation and ₹3,000 costs.
Source: LiveLaw - In the news· 16 Jun 2026
Yum sells Pizza Hut outside China to LongRange Capital
AP reported on 16 Jun 2026 that Yum would sell Pizza Hut for about US$2.7 billion in two deals (about US$1.5 billion to LongRange Capital for the business outside mainland China, about US$1.2 billion to Yum China); press reports of Yum's 1 Sep 2026 announcement say the LongRange sale is complete.
Source: AP via ABC11; WBKO / Pulse 2.0
Show 3 moreShow fewer
- In the news· Feb 2026
Yum began a strategic review of the Pizza Hut brand in 2025
Yum's FY2025 annual report says it began a review of strategic options for Pizza Hut in 2025, with no assurance of any outcome (the sale followed in June 2026).
Source: Yum! Brands FY2025 annual report (Form 10-K) - In the news· 2 Jan 2026
Devyani and Sapphire to merge; combined company to hold Pizza Hut rights across India
The Week reports the all-stock merger announced 1 Jan 2026 would give one company the KFC and Pizza Hut franchise rights across India, with Yum's approval.
Source: The Week - Customer view· 17 Oct 2026★ 3.98/5 · 3,05,255 ratings
Pizza Hut India app: 3.98 of 5 on Google Play
Customer rating of the Pizza Hut India ordering app, from 305,255 ratings (17 Oct 2026). An app rating reflects ordering and delivery, not franchise returns.
Source: Google Play
Key Terms at Pizza Hut
The clauses that shape day-to-day running and your exit — read these before the fee.
- Territory
- The Week reported in Jan 2026 that the merged Devyani-Sapphire company is to hold Pizza Hut franchise rights across the Indian market. Devyani's annual report says the merger covers KFC and Pizza Hut operations excluding captive markets such as airports and railway stations.
- Other terms
- Devyani's FY26 annual report says it will open new Pizza Hut stores only to replace stores it is closing, to improve unit-level economics.
Legal & Contract Summary
Key contract terms at a glance — read before you sign.
Agreement Type
Not specifiedContract Duration
—Renewal Available
—Territory Exclusivity
—Non-Compete Clause
—Exit Clause
—About the Brand
Brand USP
Pizza chain in India since 1996, run almost entirely by two franchise companies and changing owner after Yum's 2026 sale.
Why invest in Pizza Hut?
Pizza Hut by the Numbers
Source marked on each figure980 (639 Devyani + 341 Sapphire) at 31 Mar 2026
Restaurants run by its two main Indian franchisees · 31 Mar 2026
Company filingMore than 16,000 restaurants in more than 100 countries
Global footprint claimed · Oct 2026 (undated page)
Brand claim-5.3%
Devyani Pizza Hut same-store sales, FY26 · FY26
Company filing-3.3%
Sapphire Pizza Hut India restaurant EBITDA margin, FY26 · FY26
Company filing3.98 / 5 from 305,255 ratings
Pizza Hut Play Store rating · 17 Oct 2026
IndependentPizza Hut Outlet Network
By channel · 31 Mar 2026 (Devyani annual report FY26)
- Pizza Hut restaurants run by Devyani International (franchisee)639
- Pizza Hut restaurants run by Sapphire Foods India (franchisee), later count346
- Pizza Hut restaurants run by Sapphire Foods India (franchisee)341
Outlet count over time
- 31 Dec 2025649
Pizza Hut restaurants Devyani ran at 31 Dec 2025 · storyboard18.com
- 31 Mar 2025 (Devyani annual report FY26)630
Pizza Hut restaurants Devyani ran at 31 Mar 2025 · dil-rjcorp.com
- 31 Mar 2025 (Sapphire investor presentation)334
Pizza Hut restaurants Sapphire ran a year earlier · nsearchives.nseindia.com
These counts come from different sources — brand claims, press reports and store locators — so they aren't a like-for-like series. Treat the brand's own claims as the upper end.
Cities with Outlets
Show all 1 citiesHide the city list
Company Health Check
What Pizza Hut's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.
- Pending cases against it
- 1
Group companies
- LongRange CapitalHolding company
- Yum Restaurants (India) Private LimitedAssociate
Source: Yum! Brands FY2025 annual report; LiveLaw; press (checked Oct 2026)
Full company recordsFinancials year by year, registered details, leadership and timelineShowHide
Pizza Hut Timeline
1958
Pizza Hut founded
Two brothers open the first restaurant in Wichita, Kansas.
Jun 1996
Enters India
First Indian restaurant opens in Bangalore.
2025
Yum starts strategic review of Pizza Hut
Yum begins reviewing options for the brand.
Source1 Jan 2026
Devyani-Sapphire merger announced
All-stock merger; appointed date 1 Apr 2026 (Devyani annual report); Yum approves (The Week).
SourceFeb 2026
Devyani pauses net Pizza Hut openings
Devyani says it will open Pizza Hut stores only to replace closed loss-making ones (Storyboard18; annual report).
Source16 Jun 2026
Yum announces Pizza Hut sale
About US$1.5 billion to LongRange Capital (outside mainland China) and US$1.2 billion to Yum China.
Source1 Sep 2026
LongRange sale announced complete
Yum announces completion of the sale of Pizza Hut outside mainland China (press reports 1-2 Sep 2026); Pizza Hut runs as a standalone business under an interim CEO.
Source
FranchiseChuno Analysis
Our analysis of verified dataHow Pizza Hut looks once the numbers are checked side by side.
- ✓Brand operating for 68 yearsFounded in 1958. The brand doesn't state when franchising began.
- !3 red flags in the news or public discussionSee Reputation & News below, and ask the brand to address each one.
Data completeness
36%
- ✓ Terms checked against the brand's own page
- ✓ Published investment (not an estimate)
- â—‹ Franchise fee
- â—‹ Royalty
- â—‹ ROI or payback claim
- â—‹ Agreement term
- â—‹ Training details
- ✓ Outlet cities verified
- â—‹ Company financials
- â—‹ Legal entity
- ✓ News & public opinion checked
Ask Before You Sign
Questions tailored to what Pizza Hut does and doesn't publish.
- 1Get written confirmation that Pizza Hut is taking franchisees at all before paying anything — see the note at the top of this page.
- 2Ask for the one-time franchise fee in writing, and whether any part is refundable.
- 3Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
- 4Ask for the agreement term, renewal fee and exit or transfer terms.
- 5Ask whether you get an exclusive territory, and how large it is.
- 6Ask the brand to respond to each red flag listed under Reputation & News.
- 7Have a lawyer review the franchise agreement before paying anything.
- 8Visit 2–3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShowHide
Operations Required
What you'll need on the ground to run this franchise day-to-day.
Area Required
—
Staff Needed
—
Setup Time
—
Owner Involvement
—
Best Locations
Not published
Business Type
Not published
Training & Support
What the brand provides to help you launch and run your franchise.
Training Cost
Covered by franchisor
Operations Manual
Step-by-step playbook for running the outlet
Supply Chain Support
Vendor sourcing, inventory & logistics
Technology / POS
Billing, inventory, and management software
Marketing Support
National & local marketing campaigns
Launch Support
Pre-opening setup and grand-opening assistance
Ongoing Field Support
Regular visits and operational coaching
What Pizza Hut franchisees say
We haven't yet heard from enough Pizza Hut franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.
I run a Pizza Hut outlet — share how it went
