IHOP FDD – Franchise Information, Costs and Fees
Type of Business
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.
Corporate Information
IHOP Franchisor LLC. is a Delaware limited liability company, formed on July 28, 2014. They conduct business under the names “IHOP” and “International House of Pancakes.” Their principal business address is 10 West Walnut Street, Pasadena, California 91103. They have offered franchises for restaurants operating under the “IHOP” and “International House of Pancakes” names since October 1, 2014.
Investment
The total investment necessary to begin operation of an IHOP franchise is:
- Single Store Development Program: Inline/Endcap $1,751,798 to $3,192,865 / 2700 Prototype $2,302,798 to $3,937,865 / Large Format Prototype $2,441,798 to $4,506,865
- Purchase Program: $380,550 to $3,735,850
- Multi-Store Development Program: Multi-Store Development with 2 to 15 obligations $80,000 to $600,000 / Each Restaurant under a Multi-Store Development Program: Inline/Endcap/ Conversion $1,741,798 to $3,182,865 / 2700 Prototype $2,292,798 to $3,927,865 / Large Format
Prototype $2,431,798 to $4,496.865
This includes Initial Fees of $68,500 to $162,000 per restaurant opened under a Single Store Development Agreement, $0 to $300,000 per restaurant opened under a Purchase Program, and $58,500 to $152,000 per restaurant opened under a Multi-Store Development Program that must be paid to the Franchisor or an IHOP Affiliate.
