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How much does it cost to open a Applebee's franchise?
Opening an Applebee's franchise requires an upfront franchise fee of $35,000 and a total initial investment of $1,967,438 to $7,073,036, which includes (but isn't limited to) the cost of acquiring the underlying real estate, store build-out, permits, equipment and furniture, training, systems, and 3 months' operating ...
How much does a Applebee's make a year?
Average Applebee's hourly pay ranges from approximately $10.62 per hour for Bar Manager to $20.45 per hour for Restaurant Manager. The average Applebee's salary ranges from approximately $15,000 per year for Head Cook to $71,145 per year for Unit Manager.
How much does the owner of Applebee's make?
Mr. Cywinski owns over 1,000 units of Dine Brands Global Inc stock worth over $2,235,056 and over the last 6 years he sold DIN stock worth over $79,000. In addition, he makes $1,840,160 as President and Applebee's Business Unit at Dine Brands Global Inc.
Is Applebee's profitable?
Sales of Applebee's franchise restaurants in the U.S. 2009-2021. U.S.-based casual dining restaurant chain Applebee's reported sales amounting to 4.02 billion U.S. dollars from its franchise restaurants in the United States during the 2021 financial year.
Does Applebee's tip out?
Yes, servers tips out the host at the end of every shift that host works.
Who owns Applebee's franchise?
Dine BrandsApplebee’s International, Inc. / Parent organizationDine Brands Global Inc. is a publicly traded food and beverage company based in Glendale, California. Founded in 1958 as IHOP, it operates franchised and corporate owned full-service restaurants including two restaurant concepts, Applebee's Neighborhood Grill & Bar and International House of Pancakes. Wikipedia
How many Applebee's are in the US?
Applebee'sAn Applebee's in Griffin, GeorgiaFoundersBill Palmer T. J. PalmerHeadquartersGlendale, California , U.S.Number of locations1,787 (December 31, 2019)Areas servedUnited States, Canada, Mexico, Guatemala, Panama, Brazil, Qatar, Saudi Arabia, Kuwait, United Arab Emirates11 more rows
Where is Applebee's headquarters?
Glendale, CAApplebee’s International, Inc. / Headquarters
Who is the CEO of Applebee's?
About. John Peyton is Chief Executive Officer of DINE Brands. DINE proudly franchises both Applebee's, the world's largest casual dining brand (1,728 restaurants in 49 states and 11 countries) and IHOP, the leading family dining brand (1,807 IHOP restaurants in 50 states and 12 countries).
How is Applebees doing financially?
Applebee's earned about $1 billion in off-premises sales in 2021. Of the roughly 27 percent mix, 14 percent is carside and 13 percent is delivery.
Has Applebee's sales gone up since fancy like?
Like all full-service restaurants, Applebee's took a hit in 2020 as dining rooms closed under COVID's long shadow. But what a recovery year in 2021, as the casual-dining chain honed its off-premises game and hit record weekly sales volumes.
Did Applebee's buy IHOP?
The franchisor and operator of more than 3,400 restaurants is currently based in Glendale, Calif., long the headquarters city of IHOP. The main offices of Applebee's were relocated there from the Midwest following the chain's acquisition by IHOP 15 years ago.
Who owns the most Applebee's?
Flynn Restaurant GroupApple American Group is the largest Applebee's franchisee, operating 441 restaurants across 23 states. It is part of Flynn Restaurant Group which also operates 282 Taco Bells, 130 Paneras, 369 Arby's, 941 Pizza Huts, and 192 Wendy's, making it the largest restaurant franchisee in the US.
What do Applebee's employees wear?
As a bartender, server, and carside employee, I can answer this question with confidence. Our official “uniform” is black pants with no protruding pockets, and a black collared shirt. We must wear black polishable nonslip shoes with a black polishable belt.
How much does Big Lots pay?
FAQs About Big Lots Stores, Inc. Big Lots Stores, Inc. pays its employees an average of $12.10 an hour. Hourly pay at Big Lots Stores, Inc. ranges from an average of $9.28 to $18.04 an hour.
Does Applebee's have direct deposit?
They don't do direct deposit. Can be done by managers when you are hired, or changed through Portal later on.
How Much Money Can You Make as an Applebee’s Franchisee (Owner)?
According to the FDD, average weekly sales of an Applebee’s restaurant is $46,695. This equates to $2,428,000 in annual sales. On that nearly $2.5M in sales, on average a franchisee will make profits of around $310,000 before paying for taxes, interest expenses or above store general & administrative costs.
How much is Applebee royalty?
The Applebee’s ongoing royalty fee paid to the franchisor is 4% of gross sales. This percentage can be increased by the franchisor after January 1, 2020. Royalties are due monthly on the 12th day of the next month. Gross sales includes all revenues from the Restaurant. Gross sales do not include sales or use taxes.
Who founded Applebee's?
The Applebee’s chain was founded by Bill and T.J. Palmer in 1980. They wanted to crate a neighborhood feel and quality food at a lower price than competition. The first location was named T.J. Applebee’s Rx for Edibles and Elixirs. Eventually, the concept was sold a few times and dropped the nonsense at the end of the name.
Domestic Franchising Opportunities
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Non-Traditional Licensing Opportunities
Want to bring a neighborhood vibe and Applebee’s signature dishes to your venue? We’d be happy to talk to you.
International Franchising Opportunities
We've been franchising internationally for years and are always looking to grow our neighborhood around the world.
What is an Applebee's?
Applebee's is a table service restaurant that offers food and alcoholic beverages. Applebee's is a franchise concept in the Food and Beverage industry.
What is franchise percentage?
The percentage change of total franchise units from one year to the next.
What is Applebee's Neighborhood Grill and Bar?
The franchisee will operate sit-down, table service Restaurants, including the service of food and alcoholic beverages, under the trade name of Applebee’s Neighborhood Grill & Bar®.
What is franchise failure?
Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.
