---
title: "77 Pizza Hut Restaurants Transition to New Ownership Following Auction Led by National Franchise Sales"
url: https://burnaze.com/article/52984b11-f574-4f80-bf0e-f3bdc3797d2a
source: "Franchising.com"
original_url: https://www.franchising.com/news/20250404_77_pizza_hut_restaurants_transition_to_new_ownership_following_auction_led_.html
category: "Pizza"
industry: "Restaurants"
segment: "Pizza"
published: 2025-04-04T12:00:00.000Z
modified: 2026-10-31T17:58:11.319Z
image: https://images.unsplash.com/photo-1504674900247-0877df9cc836?w=1600&q=80&auto=format&fit=crop
---

# 77 Pizza Hut Restaurants Transition to New Ownership Following Auction Led by National Franchise Sales

**TL;DR:** National Franchise Sales has transferred ownership of 77 Pizza Hut restaurants to new owners following a competitive auction, recovering nearly $12 million for the bankruptcy estate. The auction, which took place on January 28 in Dallas, attracted interest from qualified franchise operators and investors.

*originally published in Franchising.com on 2025-04-04. [Read the original](https://www.franchising.com/news/20250404_77_pizza_hut_restaurants_transition_to_new_ownership_following_auction_led_.html).*

## Story

Newport Beach, CA – National Franchise Sales (NFS) is pleased to announce the successful close of escrow and ownership transfer for 77 Pizza Hut restaurants across three key markets. This marks the completion of a competitive auction process, recovering just under $12 million for the bankruptcy estate.

Held on January 28 in Dallas, the auction attracted strong interest from qualified franchise operators and investors. Despite financial challenges, including negative EBITDA at nearly one-third of the locations, NFS deployed a strategy focused on a core group of 38 higher-performing restaurants, and supplemental strategy for an additional 39 locations. This dual track strategy invigorated buyer interest and maximized recovery for the estate.

“Situations like these require the right mix of strategy, industry insight, and buyer relationships—something we take pride in bringing to the table,” said Alan Gallup, NFS Partner leading the company’s Asset Recovery Team. “With escrow closed and ownership transitioned, these locations are now poised for growth under their new operators.”

## Entities

- Franchising.com (publication)
- QSR (sector)
- Pizza Hut (company)
- franchise sales (topic)
- ownership transfer (topic)
- National Franchise Sales (company)
- Alan Gallup (person)
- restaurant auction (topic)
- bankruptcy estate (topic)

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Originally reported by Franchising.com (https://www.franchising.com/news/20250404_77_pizza_hut_restaurants_transition_to_new_ownership_following_auction_led_.html). Summarized by Burnaze (https://burnaze.com/article/52984b11-f574-4f80-bf0e-f3bdc3797d2a).