Single Restaurant Development Agreement
| Initial Fees | |
|---|---|
| Location Fee | $15,000 |
| Franchise Fee | $50,000 |
The Location Fee is nonrefundable, but will be applied toward the Franchisee Fee.
Multi-Restaurant Development Agreement
| Initial Fees | |
|---|---|
| Development Fee (per restaurant) | $20,000 |
| Franchise Fee (per restaurant) | $40,000 |
The Development Fee is nonrefundable, but will be applied toward the Franchisee Fee.
Recurring Fees
| Royalty Fee | 4.5% of Gross Sales |
| National Advertising Fund | 3.5% of Gross Sales |
Recurring Fees are payable to the company weekly, based on gross sales.
Franchise Term
20 years (could vary depending on lease).
Total Estimated Construction Costs
Prototype Freestanding Building: 5,000 SF (185 Seats).
| Details | Low | High |
|---|---|---|
| Improvements | ||
| Building | $450,000 | $2,300,000 |
| Equipment | ||
| Major Equipment/fixtures | $150,000 | $400,000 |
| Signage | $25,000 | $100,000 |
| Smallwares | $14,000 | $34,000 |
| Total | *$639,000 | *$2,834,000 |
*This number does not include land, working capital, training costs and contingency costs.
Please note that the above costs are only estimates. Actual costs will depend on the size of the restaurant, the particular location of the restaurant, size of parcel being developed, and on the progressive cost increases that may result in an inflationary economy.
For full disclosure about IHOP's franchising programs and payment of costs and fees, please refer to the appropriate International House of Pancakes LLC Franchise Disclosure Document.
If you're ready to get started, please visit Request for Consideration.