As the parent company for nearly 50,500 restaurant locations, Yum Brands operates one of the largest global quick-service restaurant systems. Concepts include KFC (24,100 units), Pizza Hut (18,700), Taco Bell (7,400), and The Habit (270). Yum Brands generated $53 billion in system sales in 2019 (53% KFC, 25% Pizza Hut, 22% Taco Bell). In November 2016, Yum China was spun out as a stand-alone company, but it is paying 3% of systemwide sales to Yum Brands annually as a trademark franchisee. Franchisees operated 98% of Yum Brand locations as of March 2020.
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