IHOP logo
Family restaurants

Investment

$1,751,798

Initial Franchise Fee

$40,000 - $50,000

Units

1,814

Growth Rate

+2.5%

Overview Investment Territories Support Operations Ranking History

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

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