IHOP vs Royal Waffle King Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of IHOP vs Royal Waffle King including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
IHOP Franchise
Royal Waffle King Franchise
Investment $414,866 - $3,374,043$434,900 - And Up
Franchise Fee $40,000 - $50,000$20,000
Royalty Fee 4.5%-
Advertising Fee 3.5%-
Year Founded 1958-
Year Franchised 1960-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
IHOP Franchise
Royal Waffle King Franchise
Experience --

Financing Options
 
IHOP Franchise
Royal Waffle King Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
IHOP Franchise
Royal Waffle King Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
IHOP Franchise
Royal Waffle King Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About IHOP

The IHOP restaurant chain has been serving a wide variety of breakfast, lunch and dinner selections for more than 57 years. IHOP enjoys a rich heritage and almost universal awareness. Our brand has been built upon the strenght of our franchisees, vendors partners and dedicated employees. IHOP restaurants are franchised and operate by Glendale, California based IHOP Corp. There are over 1,280 IHOP restaurants in the U.S. and Canada.

The total investment necessary to begin operation of an IHOP franchise at a non-traditional venue is as follows:
  • Full-Service Program: $693,266 to $3,374,043
  • IHOP Limited-Service Program: $414,866 to $1,427,418
This includes Initial Fees of $39,000 to $79,480 per Full-Service Restaurant and $23,500 to $48,480 per IHOP Limited-Service Restaurant to be developed which must be paid to the Franchisor or an IHOP Affiliate.

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About Royal Waffle King

 Royal Waffle King restaurants are strategically located along major highways. Primarily, we are concentrating on major cities in and around the southeast, along with well established smaller communities with strong owner operator franchisees.

When possible common-used properties with other companies are used to secure superior locations. By offering you the option of choosing a store that’s co-branded with key regional anchor stores like motels, truck stops, convenience stores and strip shopping centers. This synergistic technique of joint property usage also allows us to reduce building costs of common property features like grading, driveways, paving, utilities, joint signage etc.

Expansion at Royal Waffle King is carefully planned. We currently have sites planned all over the southeast with new store construction starting on a continuous schedule.