One of the largest full-service dining companies in the world.
Established in 2007, Dine Brands brings together Applebee’s (founded in 1980) and IHOP (founded in 1958). Celebrating each brand’s individuality, Dine leverages their combined 100 years of hospitality experience and expertise so that guests feel welcome, satisfied and eager to return.
IHOP® leads the family dining category in the USA for brand awareness, menu variety and, of course, has the best pancakes in the business. There are currently over 1,750 IHOP restaurants around the world, including restaurants across all states in the USA, Puerto Rico and Guam as well as Mexico, Canada, Ecuador, Egypt, India, Pakistan, Panama, Peru, UAE and Saudi Arabia.
100% of all IHOP restaurants are owned by independent franchise operators. For over 60 years, the IHOP family restaurant chain has served its world-famous pancakes and a wide variety of breakfast, lunch and dinner items that are loved by people of all ages. IHOP offers its guests an affordable, everyday dining experience with warm and friendly service.
Yes, IHOP is seeking qualified candidates to develop restaurants in both new and existing markets to grow both traditional and non-traditional sectors.
The initial term of the IHOP Franchise Agreement is typically 20 years, but could vary depending on lease, and if the location is a non-traditional location.
The royalty fee for restaurants is 4.5% of gross sales.
Restaurants pay 3.5% of gross sales for national advertising. For a non-traditional restaurants the marketing fee is lower.
For development, minimum financial net worth of $1.5 million and $500,000 in liquid assets.
While IHOP does not provide financing, we have a variety of lending partners to meet your needs.
Although prior restaurant experience is not an absolute requisite, our preferred partner will bring multi-unit management expertise, in restaurants and/or retail, and the ability to build and grow a business. Multi-unit restaurant experience, with other franchised concepts is a plus.
We have a variety of formats, which can range from 1000 sq ft to over 4500 sq ft. Optimal format and size will depend on the market specifics and other factors.
IHOP offers a full range of franchise support including training, site selection assistance, restaurant-design-planning assistance, restaurant-opening assistance and ongoing operations and marketing consulting.
The term of a development agreement will vary depending on the market specific, territory and obligations, among other things. This will be discussed as part of the Approval Process.