is ihop a chain or franchise

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How much does it cost to open an IHOP franchise?

The franchise fee to open an IHOP is $40,000 per restaurant for a multi-unit agreement, $50,000 for a single restaurant agreement. The total estimated investment ranges from $92,000 to $810,000. IHOP annual company-wide revenues exceed $2 billion.

How much money does a busboy make at IHOP?

How much does a Busboy at IHOP make? The typical IHOP Busboy salary is $9 per hour. Busboy salaries at IHOP can range from $8 - $10 per hour. This estimate is based upon 4 IHOP Busboy salary report (s) provided by employees or estimated based upon statistical methods. When factoring in bonuses and additional compensation, a Busboy at IHOP can ...

Is IHOP a local restaurant?

Moore said that as a local restaurant, IHOP should have been welcome. "I'm probably as local as you can get since I live just down the street," Moore said. "I sometimes think they see the IHOP and they don't think of me as a locally owned chain." "I don't think anybody thinks that," Cooper said. "Obviously, the IHOP is a locally owned restaurant."

Is IHOP really closing?

IHOPs across the country are closing, and part of that is because the company is only slowly coming to terms with how the industry has changed. Here are all the obstacles facing what used to be one of America's most popular diners. IHOP's woes are, to some degree, common across the entire casual dining sector .

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Are IHOP a franchise?

IHOP restaurants are franchised and operated by International House of Pancakes, LLC, based in Glendale, California.

Is IHOP a franchise or corporation?

Franchise Description: The franchisor is IHOP Franchisor LLC. The parent company is Dine Brands Global, Inc. The franchisor offers several different franchise programs for full-service restaurants which feature “IHOP” pancakes as well as a diverse menu of other breakfast, lunch and dinner items.

How much does it cost to franchise IHOP?

How much does IHOP franchise cost? IHOP has the franchise fee of up to $40,000, with total initial investment range of $90,000 to $200,000.

Who owns the IHOP chain?

Dine 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 (IHOP).

What is the most profitable franchise?

Top 14 Most Profitable FranchisesMcDonald's. Units in operation: 39,360. ... Dunkin Donuts. Units in operation: 12,800. ... Taco Bell. Units in operation 12,800. ... Subway Franchise. Offers Financing: Yes. ... Anytime Fitness Franchise. Units in operation: 4,904. ... Sonic. Royalty: 2.5% - 5.0% ... Planet Fitness. Royalty 7.0% ... Orangetheory Fitness.More items...

Is Denny's a franchise?

Founded originally as Danny's Donuts in Lakewood, California, in 1953, the company changed its named to Denny's after going public. Since then, the franchise has grown to over 1,600 restaurants around the world, leading to the success of countless franchise owners in its system.

How profitable is an IHOP?

2021 IHOP Average Unit Volume: $1,808,690 Based on the AUV for IHOP's franchise locations, at an average of a 15% profit margin it will take around 13 years to recoup your investment. This is longer than other franchise opportunities.

How much is it for a Starbucks franchise?

Initial Start-Up Funding The average cost to license a Starbucks store is $315,000. You'll also need $700,000 in liquid assets to be considered.

What is the franchise fee for Dunkin Donuts?

Here is a breakdown and ranges of the financial requirements to open a Dunkin' franchise: Total investment range: $97,500 to $1.7 million. Initial franchise fee: $40,000 to $90,000 (varies by location) Net worth: $500,000 minimum.

How much is a Applebee's franchise?

$63 per month per restaurant. The above information has been compiled from the FDD of Applebee's. Year of FDD: 2022....Vocelli Pizza.Name of FeeLowHighInitial Franchise Fee (if Franchise Fee Deposit paid, less $10,000, for a total of $25,000)$35,000$35,00033 more rows

What does IHOP stand for?

International House of PancakesIHOP / Full nameIHOP (US: /ˈaɪ. hɒp/ EYE-hop; acronym for International House of Pancakes) is an American multinational pancake house restaurant chain that specializes in American breakfast foods.

Is Applebees a franchise?

Are you interested in single or multiple restaurant development opportunities? Before submitting this Request for Consideration, please note that Applebee's Franchisor LLC (“Applebee's”) is only looking for potential franchisees that are interested in multiple restaurant development.

How many IHOP franchises are there in the US?

There are 1,676 IHOP stores in the United States as of October 12, 2022. The state with the most number of IHOP locations in the US is California, with 221 stores, which is about 13% of all IHOP stores in the US.

Where is the corporate office for IHOP?

Glendale, CAIHOP / Headquarters

How much does it cost to franchise a Denny's?

Denny's Franchise Cost / Initial Investment / Denny's Franchise Income. The initial franchise fee for Denny's is $35,000 for one restaurant, $30,000 for 2, $25,000 for 3, and $20,000 for 4 or more. The estimated total investment to open and operate a Denny's franchise ranges from $1.2 million to $2.6 million.

What is the franchise fee for Dunkin Donuts?

Here is a breakdown and ranges of the financial requirements to open a Dunkin' franchise: Total investment range: $97,500 to $1.7 million. Initial franchise fee: $40,000 to $90,000 (varies by location) Net worth: $500,000 minimum.

When did IHOP become IHOP?

In 1976, at the same time as reorganization International Industries became IHOP.

How many IHOP locations are there?

While IHOP's focus is on breakfast foods, it also offers a menu of lunch and dinner items. The company has 1,841 locations in the Americas ( United States, Canada, Mexico, Peru, Ecuador and Guatemala ), the Middle East ( United Arab Emirates, Kuwait, Saudi Arabia and Qatar) and the Indian Subcontinent ( India and Pakistan ), including 161 that are owned by area licensees and 1,680 that are franchised. While many of its locations are open 24 hours a day, 7 days a week, the chain's minimum operating hours are 7:00 a.m. to 10:00 p.m.

What does the IHOP logo look like?

The company argued that the previous logo looked too much like a frown.

When did IHOP buyout close?

The buyout successfully closed on November 29, 2007, and the corporate entity IHOP changed its name to DineEquity on June 2, 2008. A franchisee opened a hybrid Applebee's/IHOP restaurant in downtown Detroit in mid-2018.

When did IHOP file a lawsuit?

In early September 2010, IHOP filed a lawsuit in U.S. District Court in Los Angeles against International House of Prayer and six other defendants alleging trademark dilution and infringement. The lawsuit was dropped on December 21, 2010, with the dispute resolved out of court.

When did IHOP Express open?

IHOP Express' first location opened in 2011, they are a quick service version of the chain offered at locations such as airports, school campuses, military food courts and travel centers. The first standalone public location of the concept opened in downtown San Diego in 2011.

Where is IHOP located?

By the end of 2018, IHOP restaurants operated in six Middle Eastern countries: Kuwait, Qatar, Bahrain , the United Arab Emirates, Saudi Arabia and Lebanon. In 2019, IHOP began its foray into South America, opening three locations in Ecuador.

What is the IHOP franchise?

The IHOP restaurant franchise is one of America's favorite chains. IHOP features a moderately priced menu of high-quality food. The IHOP franchise is best known for its award-winning pancakes and breakfast specialties, and also offers a variety of lunch, dinner and snack items all day.

Who owns IHOP restaurants?

IHOP restaurants are franchised and operated by Glendale, Calif.-based International House of Pancakes, Inc., a wholly owned subsidiary of DineEquity, Inc. There are approximately 1,375 IHOP restaurants located in 49 states, Canada and Mexico. More than 99 percent of IHOP restaurants are operated by franchisees, who are independent business people.

How many IHOP restaurants are there worldwide?

By 1992, IHOP had 500 restaurants in operation nationwide, and 1,000 by 1999. Today, more than 1,500 IHOP restaurants are in operation worldwide.

When was IHOP founded?

IHOP was founded in 1958 by Al and Jerry Lapin, along with early investors Al and Trudy Kallis. The first IHOP restaurant was opened in the Los Angeles suburb of Toluca Lake, California. In 1960, the company began offering franchises.

How much does it cost to open an IHOP?

The franchise fee to open an IHOP is $40,000 per restaurant for a multi-unit agreement, $50,000 for a single restaurant agreement. The total estimated investment ranges from $92,000 to $810,000. IHOP annual company-wide revenues exceed $2 billion.

IHOP

For over 57 years, International House of Pancakes, LLC has been a leader, innovator and expert in all things breakfast, any time of day.

About IHOP

For 58 years, IHOP has been a leader, innovator and expert in all things breakfast, any time of day. The chain offers 65 different signature, fresh, made-to-order breakfast options, a wide selection of popular lunch and dinner items as well as meals under 600 calories.

Available Franchise Opportunities

While IHOP is not currently accepting new applicants on Franchising.com, these other similar opportunities are actively looking for new franchisees.

Is IHOP a Franchise?

Yes, it is! As a matter of fact, 99% of their business is run by franchisees. The franchisor, however, looks for people with restaurant management and operations experience. Even though IHOP is known for their pancakes and omelets, they serve lunch and dinner menu items as well.

Ideal IHOP Franchisees

IHOP prefers prospective franchise owners to have a restaurant management background. You also need to meet the financial requirements, which total about $500,000 - $2,000,000. However, this is dependent on which development model you would like to open. The franchise fee is $40,000 for a multi-unit development and $50,000 for a single restaurant.

How Long is the Franchise Term?

The typical length of an IHOP franchise agreement is 20 years providing franchise owners a long runway to build their business and enjoy profitable operating restaurant (s).

About the Author - Kerry Crocco

Marketing Coordinator for Franchise Solutions and Franchise.com; conduct email marketing campaigns, web page management and trade show coordination. Mother of two, wife and Young Living Essential Oils representative.

When did IHOP start?

The IHOP business started in 1958, and they opened opportunities for franchising two years after. The parent company is Dine Brands Global Inc., while the franchisor is IHOP Franchisor LLC.

What did IHOP do in 2013?

Sometimes, all it takes is to fine-tune your menu design to get more profit. That’s what IHOP did in 2013. The older version had so many texts and didn’t have enough impact. When they changed it, the sales increased by 3.6%.

What is The Real Cost of A Lemonshark Poke Franchise?

However, other fast-casual restaurants may also have a place and opportunity to become an investment in the long run. One of them is LemonShark Poke, self-dubbed as a “fine casual” offering healthier food options for consumers needing a quick bite.

How much did IHOP raise for Pancake Day?

Free Pancake Day Raised $16 Million for Charity. Back in 2006, IHOP launched the first National Pancake Day. While the pancakes are free, they ask their customers to donate to the Children’s Miracle Network Hospitals or other local charity. This proved to be a success when they raised multi-million dollars!

How long is franchise training?

Franchisee Training. The training for new franchisees is composed of two parts. One is a six-week program where they would train for about 45 – 50 hours per week. The second part is a two-day workshop, typically held in major markets.

What is the IHOP Academy?

Take note that they have their own IHOP Academy, a learning management system. The trainees must successfully pass all the tests, both online and practical.

Can IHOP franchisees operate another restaurant?

If the franchisee is compliant with the terms, the franchisor will not operate another IHOP within the exclusive area.

How much does it cost to open an IHOP?

How much does it cost to open a IHOP Franchise? The estimated investment required to open a IHOP Franchise is between $414,866-$3,374,043. There is an initial franchise fee of $40,000-$50,000 which grants you the license to run a business under the IHOP name.

Is IHOP coming to Costa Rica?

IHOP Is Coming to Town: Franchise Seeks Partners in Costa Rica#N#This week, the U.S. company DineEquity announced plans to open at least 10 International House of Pancakes (IHOP) brand restaurants in Costa Rica as part of its growth plan in Lat...

International House of Pancakes Franchise Contacts

Get the full mailing/marketing list for INTERNATIONAL HOUSE OF PANCAKES (IHOP) franchise owners. Contact details for Single and Multi Location IHOPs franchise owners included. Contains contact phone number, address, and the name of each IHOP franchisee. Start selling to IHOP franchise owners today.

Description

One of the best ways to thoroughly research a franchise or business opportunity investment before purchasing one is to get feedback from current and former franchisees involved in the franchise system.

Get Contact Details & Mailing List of IHOP Franchisees

The difficult part of this step of the franchise buying due diligence process lies in obtaining a current list of IHOP franchise owners.

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