{"slug":"pizza-hut-express","name":"Pizza Hut Express","category":"Quick-Service Restaurants","fdd_year":2025,"verdict":{"grade":"A","score":73},"investment":{"low":50800,"high":183000,"scope":"Item 7 total for the Pizza Hut Mini Kitchen format (the filing prices $51K to $304K across four formats)","formats":[{"label":"Pizza Hut Mini Kitchen","size":null,"low":50800,"high":183000,"page":22,"headline":true,"cover":null},{"label":"Pizza Hut Kiosk","size":null,"low":78300,"high":179000,"page":22,"headline":false,"cover":null},{"label":"Pizza Hut Retail Counter","size":null,"low":105700,"high":224000,"page":23,"headline":false,"cover":null},{"label":"Pizza Hut Retail Counter With Dining","size":null,"low":131200,"high":304000,"page":24,"headline":false,"cover":null}]},"franchise_fee":5000,"franchise_fee_low":5000,"franchise_fee_high":20000,"franchise_fee_display":"$5K – $20K","franchise_fee_structure":null,"franchise_fee_qualifier":null,"fee_basis":null,"fee_basis_qualifier":null,"franchise_fee_entry_price":5000,"royalty_rate_pct":10,"avg_unit_revenue":null,"avg_unit_revenue_basis":null,"avg_unit_revenue_sample_size":null,"avg_unit_revenue_period":null,"avg_unit_revenue_qualifier":null,"operating_income":null,"item19_cohort_dimension":null,"item19_cohorts":null,"no_financial_performance_representation":true,"no_financial_performance_representation_note":"This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the verdict grade - an editorial assessment, not investment advice - reflects that.","no_item19_statement_in_filing":false,"unit_count":1332,"unit_count_basis":null,"unit_count_qualifier":null,"sba":{"charge_off_rate_pct":null,"loans":null,"resolved_loans":null,"total_loans":null,"basis":null,"approval_window":null,"recent":null},"source":"FDD filings + SBA 7(a) FOIA disclosures","url":"https://franchiseverdict.com/brand/pizza-hut-express","disclaimer":"Informational only, not investment advice."}