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.
Franchise Costs
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
Key Insights
- #1 largest franchise system in Casual Dining
| Franchise | Investment | 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 |
| Outback Steakhouse | $4.3M – $9.0M | $40K | 5.0% | 122 |
Casual Dining Average 44 franchises | $1.5M – $3.5M | $43K | 4.6% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 44 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
1,706 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
1,706 Contacts Available
Unlock all IHOP & INTERNATIONAL HOUSE OF PANCAKES franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Primarily termination disputes, non-renewal enforcement actions, operational failures, and franchisee bankruptcy-related matters.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
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.
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