Is Pizza Hut Going Out Of Business 2025. Npc had declared bankruptcy in the summer and had agreed to sell its assets in a transaction worth us$801m. The largest franchise operator in the united states announced wednesday an agreement to purchase pizza hut australia’s 260 existing stores and the development rights for the continent.

One of the top executives at california’s flynn restaurant group says the large market share gap between domino’s and pizza hut, which it acquired in june, was part of the appeal in making the. The acquisition puts flynn as one of the largest pizza hut.