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You can expect the all-in cost for a single location to range from$1,151,056 to $6,037,017 per unit depending on the price of real estate in your market. How Much Does it Really Cost to Open a Black Bear Diner? in 2021. Mike Issa and business partner Moe Touffaha started franchising with . Initial investments: $90,000 - $200,000 The 41 locations represent the first IHOP restaurants managed by Sun Holdings, Inc. Sun has one of the largest restaurant franchisee portfolios in the U.S. with more than 1,000 locations under its . Legal Notices | Privacy Policy, By: Multi-Unit Franchisee | 16,167 Reads | 110 Shares. Adenah Bayoh became the youngest IHOP franchise owner in history at 27. The 41 locations represent the first IHOP restaurants managed by Sun Holdings, Inc. Sun has one of the largest restaurant franchisee portfolios in the U.S. with more than 1,000 locations under its ownership. It is worth noting this international house of pancakes is genuinely international, although 1,679 of, these stores are located within the United States. Still interested in this breakfast concept? We are not engaged in, supporting, or endorsing any specific franchise, business opportunity, company or individual. The estimated total investment necessary to begin the operation of an IHOP Franchise ranges from $1,152,954 to $6,089,550. On top of this, while owning several restaurants may increase the odds of making back your investment slightly, the overwhelming cost paired with how many IHOP locations already exist makes investing in multiple locations a financial risk at best. Puedes cambiar tus opciones en cualquier momento haciendo clic en el enlace Panel de control de privacidad de nuestros sitios y aplicaciones. In late 2007, the IHOP Corporation acquired Applebee's International, Inc. and created the largest full-service restaurant company in the world. $250,000 to $300,000 (at a 15% profit margin) An IHOP franchise's average sales per unit come in at around $1.8 million per location. 2010-2018 Mobile Cuisine, LLC - All rights reserved. In this section, I look at the financial requirements for starting an IHOP restaurant and the total costs for creating and maintaining the business. IHOP does not make any financial representations about its franchises, so we are going to estimate Average Unit Volume (AUV) from their financials. Si no quieres que nosotros ni nuestros socios utilicemos cookies y datos personales para estos propsitos adicionales, haz clic en Rechazar todo. s franchise locations, at an average of a, profit margin it will take around 13 years to recoup your investment. Pet. [9], On July 16, 2007, IHOP Corporation announced a plan to acquire the bar-and-grill chain Applebee's in an all-cash transaction, valued at approximately US$2.1 billion. Such as the Franchised Stores size, geographic location, menu mix, and competition in the marketplace. The asset is located in Georgia's most popular tourist town, along a major thoroughfare leading from town center to Kingsbay Naval Base. . This is longer than other franchise opportunities. IHOP features a moderately priced menu of high-quality food. Based on total unit count, the rankings show not only the number of units these "mega" franchisees operate, but also their brands. Well-established franchise with almost 65 years of operation, Long operation to return on investment (10 to 13 years at best), Many restaurant locations, meaning competition is high, Selling a franchise location does not make back the bare minimum required to open a franchise location. As required by contractor, architect, engineers, government, etc. You Might Like: How Much Does it Really Cost to Open a Capriottis Sandwich Franchise? The addition of the 94 units will definitely help the company boost units over the next five years, and the focus on truck stops also opens up IHOP to about 3.5 million truck drivers. Entrepreneur's Franchise 500. The operator reported a sales decline of nearly $300 million or 37 percent. . Panera struck a deal with HMSHost in July to launch its brand inside airports and travel centers around the country. IHOP entered into a franchise development agreement with TravelCenters of America to open 94 restaurants over the next five years at TA and Petro branded locations across the U.S., and is the brand's biggest development deal in its 61-year history, according to a press release. IHOP saw another two filed against its franchisees later in 2018. While IHOP started as an American breakfast food location similar to an old-fashioned diner, it has branched out in recent years to include all kinds of breakfast, lunch, and dinner foods, as well as deserts, milkshakes, and more. Basically, the franchisee sells the land they own for a good price. requires prospective franchisees to have a minimum net worth of. 9. Sun Holdings, Inc. is another large-scale company with over 1,000 franchise locations under its management as of 2020. What Are the Complaints about the IHOP Franchise? Heres what the data shows. Here, in no particular order, is a look at some of the biggest movers and shakers in the . struck a deal with HMSHost in July to launch its brand inside airports and travel centers around the country. IHOP requires prospective franchisees to have a minimum net worth of $1.5 million with at least $500,000 worth of liquid assets. It's an American icon, with over 60 year heritage of giving guests a variety of the breakfast, lunch and dinner favorites they love. Or that franchisees franchise terms are up and they are not renewing it. Capriotti's. Food. 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. Our franchise contact lists are updated and verified annually to ensure our reports are of the best quality and let our clients get in touch with the prospects they want the first tine they try. Still interested in this breakfast concept? IHOP just ramped up its growth plans with a new franchise deal. The International House Of Pancakes or IHOP is an American chain of pancake houses specializing in breakfast foods. largest ihop franchiseesproforce senior vs safechoice senior. While we cant round up the owners of all 1,600+ franchises under the IHOP banner, one owner is worth mentioning. It's their entrepreneurial spirit and support that gives chains the staying power and reach to compete across the country and beyond. Click here to get a new food business case study with revenue numbers delivered each week. Many factors affect the sales, costs, and expenses of your Franchised Store. (408) 402-5681. Individual IHOP franchise owners are far from abnormal, with this franchise boasting a local feel for their restaurants. 172. Looks like your subscription is due. . The tease of the campaign led to speculation via social media regarding the intent of the change. Children's. 174. This is an indicator that these stores may not be performing well. Attempting to recoup your investment as a single-location owner is a long-term investment, making it difficult for individual investors to break into the franchise. IHOP entered into a franchise development agreement with TravelCenters of America to open 94 restaurants over the next five years at TA and Petro branded locations across the U.S., and is the brands biggest development deal in its 61-year history. The restaurants, located in Tennessee, North Carolina, Virginia, and South Carolina, were previously owned and operated by CFRA Holdings and its affiliates and transferred to Suncakes, LLC in July 2020. The presence of other Breakfast offering stores; the extent of market penetration and brand awareness that IHOP stores have attained in your market. Argonne Capital Group LLC, the nation's largest IHOP franchise operator, added . Our, Get Contact Details & Mailing List of IHOP Franchisees, The difficult part of this step of the franchise buying due diligence. Performing this action will delete your account. APPLEBEES, ARBYS, TACO BELL, PANERA BREAD, BURGER KING, POPEYES LOUISIANA KITCHEN, ARBYS, CICIS, GOLDEN CORRAL, GNC, ARBYS, KRISPY KREME, TACO BUENO, T-MOBILE, MCALISTERS DELI, 3 AIRPORT, BURGER KING, POPEYES LOUISIANA KITCHEN, LA MADELEINE FRENCH BAKERY CAF, CHICK-FIL-A, EINSTEIN BROS. BAGELS, SUBWAY, PANDA EXPRESS, OATH PIZZA, WHICH WICH, DUNKIN, PAPA JOHNS, PIZZA HUT, MOES SOUTHWEST GRILL, STEAK N SHAKE, FRESHII, JAMBA JUICE, QDOBA MEXICAN EATS, TACO BELL, CHILIS, TIM HORTONS, ERBERT & GERBERTS, MCALISTERS DELI, MOOYAH, QUAKER STEAK & LUBE, QUIZNOS, WENDYS, CARIBOU COFFEE, KFC, PJS COFFEE OF NEW ORLEANS, BURGERFI, COSI, DUNN BROTHERS COFFEE, PANERA BREAD, THE EXTREME PITA, BEEF O BRADYS, DENNYS, FIREHOUSE SUBS, IHOP, LA MADELEINE FRENCH BAKERY CAF, NATHANS FAMOUS, PINKBERRY, THE COFFEE BEAN & TEA LEAF, WAHOOS FISH TACO, WINGSTOP, SUBWAY, CINNABON, WENDYS, DUNKIN, ARBYS, DQ TREAT, TACO BELL, MOES SOUTHWEST GRILL, PIZZA HUT, HOT STUFF PIZZA, KFC, CARVEL, IHOP, SUBWAY, BURGER KING, CHARLEYS, POPEYES LOUISIANA KITCHEN, TACO BELL, ARBYS, EINSTEIN BROS. BAGELS, QDOBA MEXICAN EATS, MANCHU WOK, BASKIN-ROBBINS, DUNKIN, BLIMPIE, WING ZONE, PIZZA HUT, TACO JOHNS, DENNYS, SLIM CHICKENS, SUBWAY, DUNKIN, TACO JOHNS, CHESTERS, GODFATHERS PIZZA, HARDEES, IHOP, ARBYS, DQ TREAT, WENDYS, CHILIS, FAZOLIS, GOLDEN CORRAL, BLAZE PIZZA, KFC, PIZZA HUT, LONG JOHN SILVERS, TIM HORTONS, A&W, TACO BELL, LITTLE CAESARS, SIZZLER, WINGSTOP, DUNKIN, BASKIN-ROBBINS, RED ROBIN, JACK IN THE BOX, DENNYS, TGI FRIDAYS, SIZZLER, EL POLLO LOCO, CORNER BAKERY CAFE, EINSTEIN BROS. BAGELS, SUBWAY, BLIMPIE, PAPA JOHNS, PANDA EXPRESS, DUNKIN, MOES SOUTHWEST GRILL, PIZZA HUT, JAMBA JUICE, SALSARITAS FRESH MEXICAN GRILL, SMASHBURGER, STEAK N SHAKE, TACO BELL, CARIBOU COFFEE, PJS COFFEE OF NEW ORLEANS, WENDYS, WHICH WICH, QUIZNOS, TIM HORTONS, BURGER KING, CHILIS, ERBERT & GERBERTS, FRESHII, ILLY, MARCOS PIZZA, NATHANS FAMOUS, SBARRO, BASKIN-ROBBINS, BEN & JERRYS, BOJANGLES, CALIFORNIA TORTILLA, DENNYS, FREDDYS FROZEN CUSTARD & STEAKBURGERS, IHOP, JASONS DELI, JOHNNY ROCKETS, KFC, PITA PIT, PLANET SMOOTHIE, POPEYES LOUISIANA KITCHEN, SLIM CHICKENS, POPEYES LOUISIANA KITCHEN, GODFATHERS PIZZA, SUBWAY, TACO BELL, BURGER KING, DUNKIN, ARBYS, FAZOLIS, A&W, FUDDRUCKERS, WENDYS, BLACK BEAR DINER, CHARLEYS PHILLY STEAKS, BASKIN-ROBBINS, CARLS JR., CHESTERS, DQ GRILL & CHILL, HOT STUFF PIZZA, SUPER 8 BY WYNDHAM, TACOTIME, EINSTEIN BROS. BAGELS, CHICK-FIL-A, PIZZA HUT, DUNKIN, JAMBA JUICE, ERBERT & GERBERTS, QDOBA MEXICAN EATS, TACO BELL, PAPA JOHNS, STEAK N SHAKE, BURGER KING, BAJA FRESH, HOT STUFF PIZZA, COSI, GODFATHERS PIZZA, SMOOTHIE KING, THE HABIT BURGER GRILL, TIM HORTONS, DENNYS, MOOYAH, QUIZNOS, SBARRO, WHICH WICH, SUBWAY, MOES SOUTHWEST GRILL, MCALISTERS DELI, BASKIN-ROBBINS, BLAZE PIZZA, DQ TREAT, PANERA BREAD, TIM HORTONS, GARBANZO MEDITERRANEAN FRESH, CARIBOU COFFEE, CHESTERS, THE COFFEE BEAN & TEA LEAF, SUBWAY, BLIMPIE, HOT STUFF PIZZA, CHURCHS CHICKEN, HARDEES, DQ TREAT, DQ GRILL & CHILL, HUDDLE HOUSE, NOBLE ROMANS, CHEVRON, TEXACO, BURGER KING, SBARRO, POPEYES LOUISIANA KITCHEN, QUIZNOS, CHILIS, ROY ROGERS, NATHANS FAMOUS, PIZZA HUT, CHICK-FIL-A, FAMOUS FAMIGLIA PIZZERIA, GREAT STEAK, SMASHBURGER, MANCHU WOK, PANDA EXPRESS, JOHNNY ROCKETS, LA MADELEINE FRENCH BAKERY CAF , PINKBERRY, A&W, BLAZE PIZZA, BLIMPIE, BURGERFI, CARLS JR., EINSTEIN BROS. BAGELS, FIREHOUSE SUBS, GODFATHERS PIZZA, THE COFFEE BEAN & TEA LEAF, THE COUNTER, UNA MAS MEXICAN GRILL, BAJA FRESH, BURGER 21, KELLYS CAJUN GRILL, PACIUGO GELATO & CAFF, YEUNGS LOTUS EXPRESS, HILTON GARDEN INN, COURTYARD BY MARRIOTT, HAMPTON INN BY HILTON, HOMEWOOD SUITES BY HILTON, RESIDENCE INN BY MARRIOTT, SPRINGHILL SUITES BY MARRIOTT, FAIRFIELD BY MARRIOTT, TOWNEPLACE SUITES BY MARRIOTT, HOME2 SUITES BY HILTON, EMBASSY SUITES BY HILTON, MARRIOTT HOTELS, TACO BELL, KFC, A&W, PIZZA HUT, LONG JOHN SILVERS, TACO BELL, PIZZA HUT, STEAK N SHAKE, KFC, LONG JOHN SILVERS, APPLEBEES, PANERA BREAD, NOODLES & COMPANY, EL POLLO LOCO, WENDYS, KRISPY KREME, DENNYS, ARBYS, LITTLE CAESARS, CHURCHS CHICKEN, JACK IN THE BOX, Multi-Unit Franchisee Magazine: Issue 1, 2020. Born in Foya, Liberia, Bayoh was a financial innovator from a young age, selling bread at just six years old. Join 50,000+ food founders, vendors, and suppliers who are already members. Restaurant companies in general were well represented among the largest 200 franchises in this year's . Even with the inclusion of some optional items (which may be required by the franchiser at a later date), the additional training expense of up to $7,000 per person is a steep requirement, and thats just one item on a long list. Nevertheless, compared to sales in both 2019 and 2020, this is a significant increase. Yet they both were behind 2019 marks, with IHOP falling short by $342 million and Denny's trailing by $59 million. For now, there remains no sign of actual IHOP franchises anywhere in the UK, but the plans had IHOP expanded by 2021, so if you're a big pancake fan - hope still remains. I think our franchisees did a good job of balancing the needs to protect their margins with making sure they . In addition to the IHOP restaurants Dine Brands has 1,787 Applebees (69 Applebees that are company owned). It is led by its President, Jay Johns. READ MORE:IHOP is Now America's Largest Casual-Dining Chain. It is worth noting this international house of pancakes is genuinely international, although 1,679 of these stores are located within the United States. Its also a good idea to reach out to at least a few former IHOP franchisees to find out why they left or were terminated from the franchise system. This assumes no financial hurdles, relative business success, or location growth over time. That said, there are many fees to consider in this list. There are already four restaurants in TA's travel network, including one that opened this week in Jackson, Georgia. largest ihop franchisees. It has also developed over 200 stores, and completed 200 remodels in the last 3 years. Johnny Weber, Sport Clips*. This agreement also fits within the company's growth strategy of late, which has been to focus on growing delivery as well as nontraditional locations, such as colleges and universities, airports, train stops and rest stops. The TA brand, a trusted hospitality leader in the industry and with consumers, shares the same values as IHOP when it comes to delivering an outstanding experience to guests on the go, Jay Johns, president of IHOP, said in a statement. "Adding such a highly regarded brand like IHOP to our restaurant group shows our commitment to bringing the best possible dining options to both professional drivers while they're away from home and to local families living in the communities we serve.". Taking the Plunge: At 29, Michael Sasseen is Swimming in Pool Service Give and Take: Tips on Site Selection and Lease Negotiation. IHOP is now owned and operated by Dine Brands Global, INC., the owner of the Applebees restaurant franchise. Each year we work with FRANdata to compile a list of the country's largest multi-unit franchisee organizations. The pancake chain announced October 30 a new partnership with TravelCenters of America. Based on total unit count, Based on the AUV for IHOP's franchise locations, . First, lets look at the total IHOP franchise costs and owner profits as of 2023. 7 MUY! Adenah Bayoh was born in the small . is a very profitable business for the franchisor with retained earnings of. [11], Applebee's shareholders approved the acquisition with a 70% vote, which closed on November 29, 2007. More franchisees are leaving the business at an accelerating rate. I cover everything from initial costs and fees to average annual revenue and how long it takes IHOP owners to pay back their initial investment (quick tip: its much longer than you think). The franchise fee to open an IHOP is $40,000 per restaurant for a multi-unit agreement, $50,000 for a single restaurant agreement. How much does IHOP franchise cost? We reviewed the larger franchise industry as well as selling price multiples for larger systems where more transaction data is available. This franchise deal set the construction of 94 IHOP locations in motion and stands out as the biggest deal in the companys almost 65 years of business. IHOP began expanding internationally in the early 2010s in the Middle East. "The IHOP: Chain Goes Flat Out to Prove That It Serves More Than Just Pancakes", "Where did IHOP get its original name? Of course, this includes well-established sites past the opening phase and locations that make significantly more or less than the average. London's largest World Heritage site boasts acres of gardens in a royal glass palace because, yes, everything here gets the royal treatment. [2][3] While many of its locations are open 24 hours a day, 7 days a week, the chain's minimum operating hours are 7:00a.m. to 10:00p.m.[5], Jerry Lapin, Al Lapin, and Albert Kallis founded International House of Pancakes in the Los Angeles, California area in 1958 with the help of Sherwood Rosenberg and William Kaye. Can You Finally Franchise a Mister Car Wash in 2023? Lisa Jennings | Mar 30, 2011. So its no surprise that. . Large, sophis - . the rankings show not only the number of units they operate, but also the brands favored by these mega operators. Click here to get a new food business case study with revenue numbers delivered each week. While this sets the franchise apart as a long-running and well-established business, as Ill get into that doesnt necessarily mean franchisees are guaranteed success. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. While this may be the business for you, make sure to also check out other businesses offered on Vetted Biz and in the Food and Beverage Industry. (October 10, 2016 - Glendale, Calif.) - Before an audience of their peers from around the globe, IHOP franchisees and vendor partners were recognized and awarded top honors by the brand for their work to help deliver an unparalleled breakfast experience to guests through . Source: FRANdata and Franchise Update Media. However, these years cannot be considered standard until the end of the 2022 fiscal calendar. By the end of 2018, IHOP restaurants operated in six Middle Eastern countries: Kuwait, Qatar, Bahrain, the United Arab Emirates, Saudi Arabia and Lebanon. Its the easiest way to get honest reviews from franchisees that have already invested in the franchise opportunities youre considering buying. Our nearest bus stop is Central Ave & Colonie Center - Colonie Station. Cos. is the largest management-owned . Franchising.com is produced by Franchise Update Media. IHOPs existing presence in TravelCentersis small, with only four restaurants open. Other casual brands like Maggiano's have also turned toward airports to grow their brands in recent years. Of course, this includes well-established sites past the opening phase and locations that make significantly more or less than the average. is an American chain of pancake houses specializing in breakfast foods. Without historical financial data, it is not possible to say how strong that growth is. Romulus Restaurant Group owner and CEO Chris Milisci joined IHOP fresh out of college as a training manager realizing that the opportunity he was truly looking for was as a franchisee. Keep in mind this is an estimated salary assuming a 15% return on investment and including how long the restaurant has been in operation. Of course, this includes well-established sites past the opening phase and locations that make significantly more or less than the average. We will talk about this below. How Long Does It Take to Recoup Your Investment on Average? Franchising.com is produced by Franchise Update Media. Betson Enterprises is the worldwide distributor of arcade and amusement equipment, DAngelo Grilled Sandwiches is looking to expand, with exceptional franchise, IHOP Inks Biggest Franchise Deal in Brand History, earned the title of Americas largest casual-dining chain, attributes the brands new growth opportunities, Kinme Omakase Brings Japanese Dining Tradition to San Diego, Chef Jos Andrs Opens Atlantis The Royal's Jaleo in Dubai, Cotton Patch Cafe Releases Heat and Serve Meals for Easter, First Watch Expands Wellness and Learning Benefits for All Employees, Flybuy Announces New Integrations with Olo, Xperience Restaurant Group Acquires Two Brands. The estimated total investment necessary to begin the operation of an IHOP Franchise ranges from $1,152,954 to $6,089,550. Sun Holdings Inc. has developed a portfolio that operates 1,000 locations in 8 states creating more than 22,000 jobs. Without historical financial data, it is not possible to say how strong that growth is. also offers Express locations with a midpoint investment of. Teriyaki Madness is the #1 Fastest-Growing Big Restaurant Chain for a reason: high-quality food, cutting-edge technology and incredible franchisee Why open a dog daycare franchise with Dogdrop? , we leverage estimates from DealStats, a database of acquired private company transactions sourced from U.S. and SEC filings. As of 2017, the company operates 1671 franchises in the United States and 115 ones outside the country. Alternative locations are becoming a prime strategy among branded restaurants to reach more customers, especially those on the go. An IHOP franchises average sales per unit come in at around $1.8 million per location. The company sold off 67 The list is dominated Weber's growth was recently celebrated by Sport Clips' corporate team, who awarded him the 2017 MVP . People continue to consume it after all these years because of its style and . Ultimately, FRED provides "an easy way to view and maintain all key attributes and relationships of the IHOP franchisees, their restaurants, and the . Their restaurants are located in Amarillo, Austin, Dallas/Fort Worth, El Paso, Houston, . The company argued that the previous logo looked too much like a frown. is an established brand in the US market, but its cost is just too high at this point. We encourage prospective franchise buyers to perform extensive due diligence when considering a franchise opportunity. Similarly, an example of a property from Triple Net Properties is below. You Might Like: How Much Does it Really Cost to Open a Black Bear Diner? While IHOP may be associated with American breakfast food, this franchise exists worldwide, with more than 1,800s units across several countries and continents. However, these years cannot be considered standard until the end of the 2022 fiscal calendar. The convenience store chain has long been the largest franchise in the world by number of units. Due to the significant cost it takes most franchisees 10 years or longer to get back their initial investment. IHOP Starbucks faces corporate employee revolt, Bonchon to double US presence within 5 years, Wendys offers franchisees reduced royalty rate, slashes fees on new restaurants, NRA: One-third of operators predict ghost kitchens will decline, How Retailers Can Embrace New Collaborations with Brands, Reimagining the dine-in experience with technology, How Restaurants Can Turbocharge Loyalty Programs with Payment Data, Starbucks fired a union organizer. Contact details for Single and Multi Location IHOPs franchise owners included. Can You Finally Franchise a Costco Store in 2023? your own growing empire, seeing what the big guys are buying for their portfolios may help guide you in your choices. Dine Brands Global (NYSE: DIN) is one of the world's largest full-service dining companies and franchisor of Applebee's Grill + Bar and IHOP, two of America's most iconic and enduring . An important part of our restaurant strategy is focusing on growing our partnerships with trusted brands like IHOP that appeal to broader audiences, and todays agreement will enable us to accelerate that process,"Barry Richards, president and chief operating officer of TravelCenters of America, added in a statement. To open your own International House of Pancakes (IHOP) restaurant, you must meet the financial requirements and pass a training program. Consolidated Statements of Comprehensive Income (In thousands, except per share amounts) (Unaudited) Three Months Ended IHOP is an established brand in the US market, but its cost is just too high at this point. Bayoh initially worked in banking, later transitioning her investments to multifamily homes. This investment boasts an absolute NNN lease and is backed by one of the largest IHOP franchisees in the world with over 150 units. Legal Notices | Privacy Policy, Franchise Leadership & Development Conference, Franchising Express Weekly Featured Franchises, Multi-Unit Franchisee Customer Experience Report, Multi-Unit Franchisee Service Brands Edition, BURGER KING, POPEYES LOUISIANA KITCHEN, ARBY'S, CICIS, GOLDEN CORRAL, KRISPY KREME, GNC, PIZZA HUT, WENDY'S, TACO BELL, LONG JOHN SILVER'S, EINSTEIN BROS. 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FIELDS, NATHAN'S FAMOUS, QUAKER STEAK & LUBE, THE COFFEE BEAN & TEA LEAF, TONY LUKES, A&W, GODFATHER'S PIZZA, SBARRO, BURGER KING, NATHAN'S FAMOUS, QUIZNOS, PIZZA HUT, THE GREAT AMERICAN BAGEL, CINNABON, POPEYES LOUISIANA KITCHEN, FAMOUS FAMIGLIA PIZZERIA, CHICK-FIL-A, KFC, PINKBERRY, RUBY'S DINER, TCBY, LA MADELEINE, STEAK N SHAKE, MIAMI GRILL, ATLANTA BREAD COMPANY, A&W, MANCHU WOK, BAJA FRESH, BLIMPIE, GODFATHER'S PIZZA, YEUNG'S LOTUS EXPRESS, PANDA EXPRESS, JACK IN THE BOX, DENNY'S, EL POLLO LOCO, CORNER BAKERY CAFE, SIZZLER, TGI FRIDAYS, DUNKIN' DONUTS, DUNKIN DONUTS/BASKIN-ROBBINS, PANERA BREAD, DQ GRILL & CHILL/TEXAS DQ, DQ TREAT, HARDEE'S, CARL'S JR., DUNKIN DONUTS, TACO BELL, POPEYES LOUISIANA KITCHEN, SUBWAY, TACO BELL, GODFATHER'S PIZZA, PIZZA HUT, BURGER KING, HOT STUFF PIZZA, WENDY'S, QUIZNOS, DQ GRILL & CHILL/TEXAS DQ, RITA'S ITALIAN ICE, TIM HORTONS, SUPER 8, NOBLE ROMAN'S PIZZA, SUBWAY, CHESTER'S, HARDEE'S, DQ TREAT, TACO JOHN'S, APEX RESTAURANT MANAGEMENT (AMPEX BRANDS), PAPA JOHN'S, EINSTEIN BROS. BAGELS, QUIZNOS, PANDA EXPRESS, SALSARITAS FRESH CANTINA, NATHAN'S FAMOUS, MOE'S SOUTHWEST GRILL, JAMBA JUICE, TACO BELL, TIM HORTONS, WENDY'S, DENNY'S, BURGER KING, PINKBERRY, SBARRO, UNO DUE GO, BOJANGLES', CHILI'S, ILLY, TOSSED, SMASHBURGER, IHOP, COSI, JASON'S DELI, TACO BELL, LONG JOHN SILVER'S, A&W, KFC, BURGER KING, CHILI'S, CHURCHS CHICKEN, LONG JOHN SILVERS, HARDEES, A&W, ARBY'S, CHURCH'S CHICKEN,SEARS OUTLET & APPLIANCE STORES, LITTLE CAESARS, JACK IN THE BOX, TGI FRIDAYS, SIZZLER, CELEBRATION RESTAURANT GROUP/CFL PIZZA/BRAVO FOODS, SUBWAY, LITTLE CAESARS, DQ TREAT, DQ GRILL & CHILL/TEXAS DQ, CHURCH'S CHICKEN, NOBLE ROMAN'S PIZZA, HOT STUFF PIZZA, SUBWAY, GREAT AMERICAN COOKIES, MOOYAH , PRETZELMAKER, TCBY, TWISTERS, DUNKIN' DONUTS, DUNKIN' DONUTS/BASKIN-ROBBINS. SBA Approved: Not Available. Restaurant announces name change", "IHOP is opening a fast casual restaurant called 'Flip'd', "IHOP to acquire Applebee's for $1.9 billion", "IHOP, Applebee's parent to be renamed DineEquity", "Advance peek at world's first combo IHOP/Applebee's coming to Detroit", "World's first IHOP/Applebee's combo about to open in downtown Detroit", "Dine Brands International Continues Global Expansion with First IHOP Opening in Peru", "IHOP makes its way to San Diego Naval Base", "Love's, IHOP Express now open in Norfolk", "IHOP introduces new restaurant, Flip'd by IHOP, with faster service and Pancake Bowls", "IHOP's New Logo Smiles At You! Interested in joining the IHOP family? We reviewed the larger franchise industry as well as selling price multiples for larger systems where more transaction data is available. IHOP annual company-wide revenues exceed $2 billion. By Kristian Winfield. Franchising units have decreased. No statement in this site is to be construed as a recommendation. Their ability to give us more information and communication tools, like gas, has been hugely beneficial to our operations.