Pizza Hut Australia is SOLD - as the franchise struggles to compete against 支配s
- Pizza Hut Australia sold to US-based Flynn Restaurant group?
- The 急速な／放蕩な food chain was 以前 owned by Allegro 基金s?
The 操作／手術s of Pizza Hut Australia have been 手渡すd over to one of the world's largest franchisees.
The master franchisee 権利s of all 260 Pizza Hut restaurants in Australia were 購入（する）d by 部隊d 明言する／公表するs based Flynn Restaurant Group in a を取り引きする Australian 私的な 公正，普通株主権 会社／堅い, Allegro 基金s, for an 公表されていない 料金.
It is the first international 取得／買収 for the group who own 2,357 restaurants in the US, 945 of which are Pizza Huts.
The 急速な／放蕩な food chain was 購入（する）d by Allegro 基金s in September 2016 and went through a 非常に長い 再編成 過程 before 存在 名簿（に載せる）／表（にあげる）d for sale.
Pizza Hut Australia has been sold to US-based?Flynn Restaurant Group by 私的な 公正，普通株主権 会社／堅い, Allegro 基金s, who acquired the company in 2016
The Co-長，指導者 Operating Officer of the Flynn Restaurant Group, Ron Bellamy, 述べるd Pizza Hut Australia as a p erfect 適切な時期 to 拡大する 国祭的な.
'簡単に put, the more we've learned about this 商売／仕事, the more excited we've become about it,' he said.
'Phil and the 管理／経営 team have done a phenomenal 職業 配達するing 51 連続した months of 肯定的な same 蓄える／店 sales growth, while creating 記録，記録的な／記録する 歳入s and value for its franchise partners.
'Our 即座の 焦点（を合わせる） will be to work with the team to 決定する how we can best てこ入れ／借入資本 our broader 規模 and 能力s to support the continued success trajectory of Pizza Hut in Australia.'
The company began in 1999 and grew to operate hundreds of franchises of Arby's, Applebee's, Taco Bells, Paneras and Wendys.
The Pizza Hut Australia 取引，協定 gives the group about 10 per cent of the market 株 and $270million of 年次の 歳入 up from $190million in 2020.
Pizza Hut Australia is the first international 取得／買収 by the group, who operate over 2,300 急速な／放蕩な food franchises in the US and bring in $4.2 billion in 歳入 毎年
Pizza Hut first opened in Australia in 南西 Sydney's Belfield in 1970, and quickly took off as a 中心的要素 of both eat-in and takeaway dining in Australia.
The company was also one of the first to 可決する・採択する pizza 配達／演説／出産 in 1985.
Pizza Hut CEO gave franchisees an 保証／確信 the Flynn 取得／買収 would be 有益な.
'Flynn is the 首相 franchise group in the restaurant 産業, with 評判 for excellence and 権力を与えるing their franchise owners,' he said.
'We are excited to 支える our growth trajectory supported by Flynn's 投資 支援 and 無敵の franchisee 専門的知識 so that we can continue to 配達する world-class Pizza Hut experiences for our 顧客s 負かす／撃墜する under.'
The 取引，協定 received 是認 from the Foreign 投資 Review Board and only 要求するs 同意 from the 全世界の owner of Pizza hut, Yum! Brands, to be 完全にするd, which should happen by the end of the month.
Although Pizza Hut has 記録，記録的な／記録するd strong growth over the past two years to take some market 株 off bitter 競争相手 支配's the Australian upstart has become the comfortable 選び出す／独身 biggest player in the segment.
This was not the 事例／患者 when the 支配's took its 必須の 形態／調整 in 2000 with the 合併 of two modest pizza chains to have just 25 蓄える／店s in Queensland and NSW.
At that 行う／開催する／段階 Pizza Hut operated 427 蓄える／店s and its nearest competitor was Pizza 港／避難所 with 284 蓄える／店s.?
For the past two １０年間s Pizza Hut has struggled to compete with Australian upstart 支配's
Under the 指導／手引 of superstar CEO?Don Meji, who began his career in the the pizza 商売／仕事 as a 配達／演説／出産 driver in 1987, 支配s has grown to have?757 Australian 蓄える／店s 命令（する）ing 46 per cent of the market.
に引き続いて its 名簿（に載せる）／表（にあげる）ing on the Australian 在庫／株 交流 in May 2005 支配's has been 拡大するing globally to New Zealand, Asia, the US and Europe and is now valued at?$5.7 billion.
産業 分析家?Andrew Ledovskikh told the New Daily in 2018 that the secret to 支配's unstoppable rise was by 雇うing new 科学（工学）技術 to 運動 pizza 配達／演説／出産.
'支配's 投資するd very ひどく in its online 壇・綱領・公約 and its 配達／演説／出産 system, and that played very 井戸／弁護士席 for it,' he said.
'Their 壇・綱領・公約 was 極端に 前進するd and 極端に innovative, and very 平易な to use. That was the 核心 of their 商売／仕事.'
By 拡大するing its 配達／演説／出産 網状組織 it could 申し込む／申し出 ultra-quick 配達／演説／出産, which often 含むd 誘導s such as 20-minute 配達／演説／出産 保証（人）.
Unable to compete by nimbly using the same tech Pizza Hut, which specialised more in the dine-in experience, 試みる／企てるd to compete with a major cost-cutting program.?
However, this backfired when in 2015 all but 10 of Pizza Hut's 298 franchisees 開始する，打ち上げるd a class 活動／戦闘 against chain for 損失ing their 商売／仕事 through cost-cutting.
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