Company

Franchising & Real Estate

As the world’s largest restaurant company, Yum! Brands franchise partners’ operating capability is unmatched. In fact, we open a new KFC, Taco Bell, Pizza Hut or The Habit Burger Grill approximately every two hours. This scale ensures that best practices are shared around the world with our franchise partners, who are the heart of our business.

Discover your franchising and/or real estate opportunity with our relevant, easy and distinctive brands

It's Finger Lickin' Good

30,000 restaurants • 145+ countries & territories • $33.9 billion system sales • Largest chicken concept in the world

No One Out Pizzas The Hut

19,750+ restaurants • 110+ countries & territories • $13.3 billion system sales • Second-largest pizza chain in the world

Live MÃs

8,000 restaurants • 30+ countries & territories • $15.9 billion system sales • Largest Mexican-inspired concept in the world

Fresh, chargrilled food you feel good about

380+ restaurants • 3 countries & territories • $700 million system sales • Leading player in the fast-casual burger category

 

We offer:

 

4 RED Brands

Relevant • Easy • Distinctive

Distinctive Digital Capabilities

We provide technologies to our franchisees at prices that no one else can match. This competitive advantage allows for system-wide adoption to ensure that we provide easy experiences, easy operations and easy insights.

Franchisee Partnership & Collaboration

We offer various programs that educate and support our franchisees, such as leadership development for restaurant managers through Heartstyles, access to capital through our partnership with Lafayette Square and education through the Yum! Global Center for Franchise Excellence and the Yum! Franchise Accelerator.

Unmatched Scale

More than 59,000 restaurants in 155+ countries & territories

Flexible Formats

We provide industry-leading incentives for new development, assistance with site selection and design and flexible asset formats to meet a variety of needs.

 

Our franchisees are capitalized, committed and capable

Yum! has global franchise opportunities available across KFC, Taco Bell, Pizza Hut and The Habit Burger Grill. We look for “3C” partners who are well capitalized, capable and committed to run world-class restaurants delivering an unmatched customer and team member experience as well as delivering consistent and compelling paybacks.

Capitalized

This shows our entrepreneurial spirit, industry experience, and people skills.

  • An ability to build and maintain a support system.
  • Experience in restaurants and retail, especially multi-unit.
  • Solid team building and employee development skills.

Committed

A strong dedication to our brands, continuous improvement and the team.

  • Advocates and champions for Yum! and our brands.
  • A commitment to enhancing assets and increasing sales.
  • An excitement about innovation, including new products and processes.

Capable

A winning business track record and a capacity to achieve more.

  • Professional experience and fiscal stability poised for long-term investment into the franchise cost.
  • Upstanding personal and professional reputations.
  • Poven financial acumen and confirmed availability of capital.

Franchising News

In June 2024, Yum! Brands, Inc. (NYSE: YUM), the parent company of Pizza Hut, completed a strategic transaction to transfer certain rights related to trademarks of the Jeno’s and Telepizza brands in Colombia and Chile to restaurant operator Food Delivery Brands, S.A. As a result of the transaction, approximately 120 Jeno’s and Telepizza branded restaurant units will be removed from Pizza Hut’s global unit count. 

With the close of the transaction, 100% of Pizza Hut units in Latin America will now operate under the Pizza Hut brand. The removal of the Jeno’s and Telepizza units will have a negligible effect on Yum! Brands’ royalty income, and the Company received nominal consideration from Food Delivery Brands. 

Yum! Brands franchises over 1,300 Pizza Hut restaurants across the Latin America and Caribbean region. 

“This strategic move will enable the Pizza Hut team to focus exclusively on the Pizza Hut brand across the Latin America and Caribbean region, which will better enable our teams and franchisees to accelerate growth,” said Kurt Smith, General Manager of Pizza Hut Latin America and Caribbean. 

Food Delivery Brands sub-franchises or operates over 1,500 Telepizza, Jeno’s and Pizza Hut branded restaurants, the majority of which are located in Spain and Portugal. 

“Food Delivery Brands has a long and rich history of operating Jeno’s and Telepizza brands, and we believe this transaction in Latin America is in the best interest of customers and stakeholders of both brands,” said Jose Luis Renedo, CFO Food Delivery Brands.   

The World Economic Forum forecasts that it will take 131 years to reach full gender parity – but Yum! Brands plans to reach it in the next few years.

The parent company of KFC, Pizza Hut, Taco Bell and The Habit Burger Grill made this bold commitment  in 2018 when it signed Paradigm for Parity’s pledge to reach gender parity in global senior leadership by 2030. In the past five years, it’s made significant progress moving from 33% in 2018 to 43% in 2022. Plus, the organization has continually been recognized for its efforts, ranking high on the Bloomberg Gender-Equality Index and Newsweek’s list of America’s Greatest Workplaces for Women. With just 7% to go, the company is confident it will continue to make positive progress.

“We know that men and women enter the workforce at an almost equal rate, but the higher a woman climbs, the less women she’ll see around her. And we’re changing that,” said Yum! Chief Operating Officer & Chief People Officer Tracy Skeans.

Here’s how the world’s largest restaurant company is planning for parity.

 

Hire and promote the right talent for the jobs, ensuring women are in the mix for all positions

“At Yum!, we want the best talent for the job,” said Megan Verret, Yum! Brands vice president for Global Talent. “And one way to do that is to make our organization more attractive to all applicants.”

Research backs Verret’s assertion. An often-quoted Hewlett Packard study reveals that women are less likely to apply for a job unless they meet all of the listed criteria, whereas men will more often apply regardless of criteria met. A corresponding survey found that it wasn’t because women were less confident in their skills than their male counterparts, but that they didn’t want to waste time filling out the online application if a bot was going to pass on all resumes that didn’t meet every single qualification.

Knowing this, Yum! and its brands’ recruiters are purposeful in ensuring several of their job descriptions appeal to an array of applicants. Gone is a laundry list of qualifications and in its place, the essential requirements. Human resources has also enlisted the help of the artificial intelligence service Ongig, which reviews job descriptions and suggests words that are more inclusive. According to Ongig, women tend to factor in a job’s salary when deciding whether to apply, so many of Yum!’s job postings now list a salary range, which also complies with a legal requirement in some U.S. states.

With these measures, Yum! aims to be seen as an employer of choice, attracting a variety of job seekers.

 

Support women currently in those jobs

Once hired, Yum! and its brands focus on retaining top talent.

“We keep employees by showing them that we embody an inclusive culture that supports them no matter what stage of life they’re in,” Verret said.

Some of this is done through women-centered business employee resource groups (BERGs), comprised of all genders, with which Yum! and its brands support advancement in the workplace by building community, leveraging cross-functional knowledge and identifying and addressing barriers to growth. This is accomplished through several initiatives, like hosting networking dinners between vice presidents and middle management as well as organizing talks with local entrepreneurs to share their inspirational journeys.

“Our retention rate is high,” Verret said. “Nearly 90% of our women employees rank Yum! as a great place to work on our annual Employee Engagement Survey.”

She credits that retention to the aforementioned programs and an internal statistical analysis that confirms pay parity by gender in the U.S. each year. Verret also points to the company’s parent-centric, U.S.-based benefits like subsidized onsite daycare; six-weeks of baby bonding time for all parents, coupled with 12 weeks of paid maternity leave; a flexible remote work policy; and the parents BERG NEST (stands for Nurture, Educate, Survive and Thrive), which advocates for working moms and dads.

“Many of our senior leaders are also parents,” Verret said. “It’s not uncommon for a toddler to walk across the background of a Teams meeting, and we welcome that.”

 

Insist on gender parity beyond corporate

As a predominately franchised organization with over 57,000 restaurants worldwide, Yum!’s belief in gender parity extends to outside its restaurant support centers. Since 2019, the company has run the EmpoweHER Leadership program, which connects women and men in its franchise organizations across KFC, Pizza Hut, Taco Bell and The Habit Burger Grill through development opportunities, a quarterly webcast and an annual conference. The investment in these leaders provides them with opportunities to network, collaborate and grow as well as receive recognition for their contributions across the business.

Two years later, Yum! and the University of Louisville launched the Center for Global Franchise Excellence. The first business program of its kind at a public institution, the center provides existing and potential franchisees multiple levels of online education focused on the franchising model across industries. It also focuses on recruiting and educating people from various socioeconomic situations on the possibilities of franchising as a pathway to entrepreneurship.

Yum! is also intent on creating more equality in the communities in which its restaurants are based. In 2020, the company launched a $100 million, five-year Unlocking Opportunity initiative focused on education and entrepreneurship programs in communities where we operate. It does this in partnership with organizations with the like-minded goal to have a life-changing impact on participants.

One such program in South Africa is producing remarkable results. Called LeadHERship, the partnership between Pizza Hut, Yum! and the nonprofit YES4Youth equips young women, ages 18 to 24, with the skills needed to find a job. Each participant is given a cell phone that has an app to guide them through 12 months of online learning, which makes the education accessible and doable. There’s an in-person mentorship program as well. This hybrid combination delivered a 90% completion rate in the first year.

“This program is one of the best parts of my job,” said Marlene von Berg, social purpose lead for LeadHERship. “We’re already seeing positive changes, not only in the participants, but in their communities as well because upon graduation, they’re getting hired, earning salaries and investing in their families and their neighborhoods both financially and in mentoring the next generation. It’s phenomenal to witness.”

All of this work extends from Yum!’s longstanding efforts with the Women’s Foodservice Forum, which supports women across the foodservice industry.

“We want everyone in our organization – whether they’re in front of or behind the counter – to have an equitable experience,” said Skeans. “It’s part of who we are.”

 

Don’t rest once gender parity is reached


Today, women are in Yum!’s C-suite, like KFC Global Chief Financial Officer Shannon Hennessy, who advanced to CEO of The Habit Burger Grill, and Shannon Garcia, who came on as Pizza Hut Global’s chief operating and transformation officer. Her role recently expanded to include digital and technology. Those are just two examples, but there are others across brands and functions like legal, technology, human resources, development, finance, operations and sustainability.

But Skeans says Yum! won’t rest even when gender parity is reached.

“While we are committed to our Paradigm for Parity aspirational goal to have parity in senior roles by 2030, it’s more than that,” said Skeans. “It’s about creating an organization that recognizes and celebrates this progress, so that parity becomes commonplace.”

In anticipating this need, Skeans has focused on bringing together women executive leaders to “lead it forward,” finding ways to build community and inspire them to motivate the next generation within the organization.

“A recent study of women CEOs found that two-thirds of them didn’t see themselves as CEOs before their bosses encouraged them,” Verret said. “This makes me wonder, do we have women in our organization who don’t see their full potential? If so, how can we help them see multiple pathways in their future?”

This reality is what motivates Verret and her colleagues to ensure the women leaders see their potential, so gender parity isn’t about a goal, but it’s about unlocking opportunity.

“You can’t be what you can’t see,” said Skeans. “And the more I look around, the more I see others like me in decision-making positions, making me confident that parity is within our reach.”

New education tracks will address unmet need of training professionals for senior management opportunities in franchise businesses

Louisville, KY, February 13, 2024 – Yum! Brands, Inc. (NYSE: YUM) and the University of Louisville today announced the launch of new “Accelerating Growth” executive education programs at the Yum! Center for Global Franchise Excellence. The new programs will focus on equipping operations leaders to take on senior management roles in franchise organizations, an area identified as a key opportunity by franchisees and leadership at the Yum! Center for Global Franchise Excellence, which has been providing education for aspiring entrepreneurs through the UofL College of Business since 2021.

As part of its $100 million global Unlocking Opportunity Initiative, Yum! Brands is providing more than $800,000 in funding to launch the “Accelerating Growth” programs, which is in addition to the $3.5 million commitment the company made to launch the Yum! Center for Global Franchise Excellence in 2021. The goal of Yum! Brands’ Unlocking Opportunity Initiative is to create opportunities for education and entrepreneurship for employees, frontline restaurant teams and communities around the world.

The two new “Accelerating Growth” education tracks will launch in the summer and fall 2024 semester and will focus on training attendees to upskill their franchising education.

“Yum! Brands is passionate about the franchise business model, and capable franchise leaders are the lifeblood of every successful franchise system. As the franchisor of choice for the industry, we are thrilled to partner with the University of Louisville and address a need of the industry – training a new generation of leaders to take on senior management roles in franchise businesses,” said Wanda Williams, Head, Global Franchising, Yum! Brands. “Since its launch in 2021 as part of our Unlocking Opportunity Initiative, the Yum! Center for Global Franchise Excellence has helped prepare hundreds of students for successful careers and business ownership opportunities by building knowledge about the franchising industry,” 

Two new education tracks will be offered as part of the “Accelerating Growth” program, which will develop the skills necessary to run and grow a large franchise business: a six-month Level 1 program designed to train General Managers and Area Coaches for a Vice President role, and an advanced one-year program customized to prepare Vice Presidents for a role as President of a franchise organization. Both programs include online and experiential education, and the advanced program also includes a final simulation and development of a business plan.

“The ‘Accelerating Growth’ program is an exceptional addition to the multilevel franchise education offered by our center at the University of Louisville and is yet another way we can create opportunities for professionals across the franchising industry. We are incredibly grateful for Yum!’s continued support for the center and this opportunity to expand the center’s programs,” said Kathleen Gosser, Director of the Yum! Center for Global Franchise Excellence and Assistant Professor in the UofL College of Business.

Since the launch of the Yum! Center for Global Franchise Excellence at the University of Louisville, total enrollment has exceeded 900 students – 423 undergrad, 50 graduate-level and 500 executive education enrollees.

In addition, The Center launched the annual Yum! Franchise Accelerator Fellowship in 2022, a collaborative effort between the University of Louisville, Howard University and Yum! Brands, which offers a unique opportunity for four MBA students from the two universities. Participants in the annual program are granted $10,000 scholarships and receive personalized training and mentorship from industry experts during an immersive educational journey centered around the franchise business model. Each accelerator program culminates in a pitch competition featuring a $10,000 cash prize, while establishing winners as top candidates for promising franchising careers. The Yum! Franchise Accelerator Fellowship is open to all eligible students regardless of race, color, national origin, sex, disability, or age.

About Yum! Brands
Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 58,000 restaurants in more than 155 countries and territories under the company’s concepts – KFC, Taco Bell, Pizza Hut and the Habit Burger Grill. The Company's KFC, Taco Bell and Pizza Hut brands are global leaders of the chicken, Mexican-style food, and pizza categories, respectively. The Habit Burger Grill is a fast casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. In 2024, Yum! was named to the Dow Jones Sustainability Index North America for the eighth consecutive year, and the company was recognized among TIME Magazine’s list of Best Companies for Future Leaders and Newsweek’s list of America’s Most Responsible Companies. Yum! also received widespread recognition in 2023, including being listed on the Bloomberg Gender-Equality Index; Forbes’ list of America’s Best Employers for Diversity; and Newsweek’s list of America’s Greenest Companies. In addition, KFC, Taco Bell and Pizza Hut brands were ranked in the top five of Entrepreneur’s Top Global Franchises Ranking for 2023.

About the University of Louisville
Founded in 1798 as one of the nation’s first city-owned, public universities, the University of Louisville (UofL) is a vital ecosystem that creates thriving futures for students, our community and society. As one of only 79 universities in the United States to earn recognition by the Carnegie Foundation as both a Research 1 and a Community Engaged university, we impact lives in areas of student success and research and innovation, while our dynamic connection with our local and global communities provides unparalleled opportunities for students and citizens both. The university serves as an engine that powers Metro Louisville and the commonwealth and as a classroom for UofL’s more than 23,000 students, who benefit from partnerships with top employers and a wide range of community service opportunities.