Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
people 2015-09-29

Any city with 3-5 lakh population will have a Pizza Hut store- Unnat Varma

Unnat Varma, GM, Pizza Hut India at Yum! Brands is responsible for running the Pizza Hut outlets in India. In an exclusive conversation with Restaurant India, Varma talks about his plans for expansion of the brand in India.

By Deputy Features Editor
Any city with 3-5 lakh population will have a Pizza Hut store- Unnat Varma

Being a global brand, how do you decide on your partners?

We are a highly reputed and global brand and this calls for two things- one we are of a scale, so we have to choose partners who can give us scale which means they have capital to invest and they have very strong organisation culture to give similar values and the work culture we talk about. So we need partners who can build such type of organisation- build team, sustain team and grow the business. Second, we look for partners who are committed to the long-term call and are about food safety aspects that we follow in the whole world.

Who is responsible for choosing the right locations when it comes to opening of stores?

In our case, the franchisee partners runs the business so they are responsible for building up the organisation and searching for location. They build partnerships with the retailer, mall developer, builder or a developer. One very strong criterion that we believe in is what should be the location for different kinds of towns. And we have certain parameters on approving this.

How many restaurants Pizza Hut you are planning to open in India?

India is going to be the largest market for consumer in terms of consumption by 2030. We believe that we are sitting on a national opportunity. And we see a potential of 1,000 of restaurants in India.

At Pizza Hut, we have grown to about 400 stores so far in last 15 years.  But now, we are planning to double the stores in next 5 years opening around 800-1,000 stores by 2020.

How difficult or easy it is maintaining cordial relations with your partners?

If your selection criteria is very strong and you have taken time to choose the right partner, then running the business is less challenging. I think in that we are fortunate, we have fantastic franchising partners who are very strategic. So, we don’t discuss and debate much on the relationship aspect.

On the other hand, if you have a concept where you have a multiple number of small franchisees and with the diversity of the franchisee partners, that’s where you need to focus more time on building relations.

Which are the cities where we can see Pizza Hut growing?

We are growing in Delhi, Bengaluru, Mumbai, Hyderabad and we are also getting into state capitals and beyond. In the last three months, we have opened outlets at Gaya, Alwar, Silchar, Malda and any city which has a population of about 3-5 lakh will have a Pizza Hut store. 

Comment
image
image
image
image
Related opportunities
  • Pharmacies
    About Us: Established in 2017, Care Pharmacy is one of Gujrat's..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us: Join hands with Iris Florets - the happy play..
    Locations looking for expansion Telangana
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Hyderabad Telangana
  • Furniture/Home Decor & Furnishing
    About Us: Founded in 2016, Fanusta.com is a curated marketplace of..
    Locations looking for expansion Rajasthan
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets Less than 10
    Franchise Type Unit
    Headquater Jaipur Rajasthan
  • Extra Curriculum Activities
    About Us:   ScienceUtsav is an edutainment program for children of age..
    Locations looking for expansion Maharashtra
    Establishment year 2010
    Franchising Launch Date 2016
    Investment size Rs. 50 K - 2lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts