Food Magazine October 2017 | Page 27

TOP 10 LARGEST FOOD FRANCHISES IN THE US 4 3 Under the Yum Brands ! umbrella along with other top US franchises Burger King and KFC , Pizza Hut continues to cultivate a space for itself in the world of pizza . 2016 saw the company net an income of $ 1.619bn , holding total assets of $ 5.478bn and a total equity of $ 5.656bn . Even with these stellar numbers , Pizza Hut suffers from a lack of growth since 2015 and its US outlets dropped by

41 to 7,822 . However , its marketing continues to innovate , using relevant celebrities and new technologies to bring its new concoctions to the forefront . In January 2017 it announced that it would boost store numbers in the US to 11,000 . The chain continues to put resources into its Natural Pizza concept and build on its proprietary mobile SMS system for placing orders conveniently online .
Starbucks is third on the list of total stores in the United States with 10,138 locations currently . Profits stand at $ 19.16bn as of 2015 , of which profits in the United States exceeded $ 5.24bn . Unlike many of the other entries on this list , Starbucks has never had a problem with changing health trends . Its marketing initiatives and practices such as bringing in beans from remote locations , bolster
its marketability across the world . With 238,000 total employees , total assets of $ 12.45bn and total equity of $ 5.82bn , it does not seem that any challenger will be eclipsing Starbucks in the coffee market any time soon .

Globally , Starbucks made

$ 19.6bn ‘ bucks ’ in 2015 . 27