IHOP logo

IHOP

Family restaurants
Investment
$1,751,798
Initial Franchise Fee
$40,000 - $50,000
Units
1,814
Growth Rate
+2.5%

Overview

Industry
Food
Founded
1958
Franchising Since
1960
Parent Company
Dine Brands Global
Leadership
Lawrence Kim, President
# of Employees at HQ
595

Units and Growth Chart

Investment Details

Initial Franchise Fee
$40,000 - $50,000
Initial Investment
$1,751,798 - $5,222,865
Net Worth Requirement
$1,500,000
Cash Requirement
$500,000
Royalty Fee
4.5%
Ad Royalty Fee
3.5%
Technology Fee
Varies
Term of Agreement
20 years
Is Franchise Term Renewable?
Yes
Financing
N/A
Veterans Incentive
N/A

Available Territories

Franchising opportunities available in the following regions

United States International

Continents

Asia Middle East Europe (Eastern) Europe (Western) Canada South America Mexico

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
273.5 hours
Classroom Training
42.5 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
50
Are exclusive territories available?
Yes

Ranking History

IHOP performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022