Pizza Hut 2004 Annual Report Download - page 27

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500+
new
multibrand
units฀in
2004
Today,฀we’re฀changing฀the฀industry฀with฀
Multibrand฀innovation฀and฀providing฀the฀
choice฀and฀convenience฀our฀customers฀
prefer.฀Yum!฀is฀the฀undeniable฀world฀
leader฀in฀multibranding฀with฀over฀2,600฀
combination฀restaurants฀accounting฀for:
฀More฀than฀14%฀of฀our฀U.S.฀traditional฀
restaurant฀base฀with฀a฀potential฀to฀grow฀
to฀23%฀in฀2007฀
฀Estimated฀$224฀million฀in฀restaurant฀profi฀ts฀
and฀franchise฀fees฀(excluding฀G&A฀expenses),฀
or฀about฀17%฀of฀the฀U.S.฀total฀
฀Signifi฀cant฀incremental฀average฀sales฀
per฀units,฀dramatically฀improving฀our฀unit฀
cash฀fl฀ows฀
Multibrand฀average฀
unit฀volumes฀are฀typically฀
$250,000฀a฀year฀higher
than฀single-brand฀restaurants.
The฀bottom฀line฀is:฀we’re฀
always฀getting฀better.฀
Whether฀we’re฀improving฀
our฀people฀capability,฀
simplifying฀our฀back฀of฀the฀
house฀systems,฀or฀value-
engineering฀our฀facilities฀
and฀creating฀more฀exciting฀
designs,฀it’s฀for฀one฀reason฀
only:฀our฀customers.฀With฀all฀
that฀choice฀and฀convenience฀
under฀one฀roof,฀it’s฀an฀
undeniable฀win!
2,600+
multibranded฀
units฀in฀the฀
U.S. 25