IHOP & INTERNATIONAL HOUSE OF PANCAKES
IHOP Franchisor LLC offers franchises for full-service family-style restaurants operating under the 'IHOP' and 'International House of Pancakes' names, featuring signature pancakes along with a diverse menu of breakfast, lunch, and dinner items. The business model includes various programs such as Single Store Development, Multi-Store Development, Purchase Program, and Dual Brand concepts with Applebee’s, targeting the competitive family dining segment of the foodservice market. These restaurants serve the general public and compete with other family-style restaurants, pancake houses, coffee shops, buffets, and diners.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 1462 franchised traditional IHOP Restaurants active and operating as of December 29, 2024, for the 12-month period of January 1, 2024 to December 29, 2024, segmented by region.
* Calculated weighted average gross revenue and weighted median gross revenue for 2024 using the number of restaurants in each region from Chart 1. Formula: (sum of (restaurants in region * metric for region)) / total restaurants. Total restaurants: 1462.
Extracted Item 19 Section
How IHOP & INTERNATIONAL HOUSE OF PANCAKES Compares to Other Casual Dining Franchises
Key Insights
- #1 largest franchise system in Casual Dining
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
IHOP & INTERNATIONAL HOUSE OF PANCAKES Current | $1.8M - $4.5M | $69K | N/A | 1,703 |
| BUFFALO WILD WINGS | $2.5M - $4.9M | $25K | 5.0% | 538 |
| GOLDEN CORRAL STEAKS, BUFFET & BAKERY | $2.1M - $8.5M | $50K | 4.0% | 352 |
| GOLDEN CORRAL | $2.2M - $8.7M | $50K | 4.0% | 348 |
| ORIGINAL PANCAKE HOUSE (THE) | $483K - $1.7M | $60K | 2.0% | 146 |
| TGI FRIDAYS | $2.7M - $4.1M | $50K | 4.0% | 129 |
Casual Dining Average 43 franchises | $1.6M - $3.6M | $44K | 4.6% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 43 Casual Dining franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+38 more states
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
Primarily termination disputes, non-renewal enforcement actions, operational failures, and franchisee bankruptcy-related matters.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a IHOP & INTERNATIONAL HOUSE OF PANCAKES franchise?
The total initial investment to open a IHOP & INTERNATIONAL HOUSE OF PANCAKES franchise ranges from $1,751,798 to $4,506,865. This includes a franchise fee of $68,500.
How much revenue does a IHOP & INTERNATIONAL HOUSE OF PANCAKES franchise make?
According to the 2025 FDD, the average gross revenue for a IHOP & INTERNATIONAL HOUSE OF PANCAKES franchise is $2,063,260.56. The median revenue is $1,947,603.18.
How many IHOP & INTERNATIONAL HOUSE OF PANCAKES franchise locations are there?
As of the 2025 FDD, IHOP & INTERNATIONAL HOUSE OF PANCAKES has 1,703 franchise locations. The company has been franchising since 1960.
Is IHOP & INTERNATIONAL HOUSE OF PANCAKES a good franchise to buy?
IHOP & INTERNATIONAL HOUSE OF PANCAKES shows several positive indicators: established brand with 1,703+ locations, transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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