IHOP vs Le Peep Franchise Comparison

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

Start-Up Costs and Fees
 
IHOP Franchise
Le Peep Franchise
Investment $414,866 - $3,374,043$100,000 - $550,000
Franchise Fee $40,000 - $50,000$30,000
Royalty Fee 4.5%5%
Advertising Fee 3.5%-
Year Founded 19581981
Year Franchised 19601992
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
IHOP Franchise
Le Peep Franchise
Experience --

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

Training & Support
 
IHOP Franchise
Le Peep Franchise
Training -Your training will take place in a working Le Peep� restaurant, so that you can get real life experience as you learn. It entails approximately 7 weeks and covers every position in the restaurant. You will receive a Training Manual to study, as well as working each position. We do not charge you for the training, but you are responsible for your own living and travel expenses associated with it.
Support -Operation, customer service, staff training, team building and many other aspects of running a successful business.
Marketing --
Operations --

Expansion Plans
 
IHOP Franchise
Le Peep Franchise
US Expansion -Yes
Canada Expansion -Yes
International Expansion -Yes

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 Le Peep

THIS IS NOT A FRANCHISE THIS IS A LICENSEE OPPORTUNITY
The beauty of the Le Peep concept is its simplicity. Fresh as the day it was conceived. Superior quality. Reasonable Prices. Excellent perceived value. Far from "fast food". Le Peep meals are always satisfying and nutritious. A proven approach to management. A creative approach to an evolving menu. And operating standards as strict as your mom's. That's what keeps Le Peep... Le PeepManagers and staff enjoy working at Le Peep. They work with smiles and pride. Le Peep has a special effect on the public, too. Customers return repeatedly, regulars bringing friends, discovering the charm of a homelike setting where conversation and business flow together easily.Le Peep is a philosophy.Le Peep is a proven food service package. Le Peep is one great meal after another. Developed, tested, then presented to an appreciative public. Le Peep is that extra special eating experience the public calls "a real find." Even the hardest to please newspaper, radio and television food critics rate Le Peep "The Best in Town" - Town-after- Town.
What a concept. What a difference. What a perfectly mouth-watering opportunity for the discriminating restaurateur or developer. A Message from Our CEO After 25 years with the company, I am proud to be the President and CEO of Le Peep, a company that has been and continues to be the forerunner in the breakfast and lunch segment. We are the original and best breakfast and lunch restaurant chain and have been setting a standard in this segment for over four decades. We use the freshest and highest quality of ingredients. We take pride in treating our guests with the best and warmest hospitality, to recreate that feeling like they are at a family member's house. I am dedicated to continuing the great tradition of success and innovative ideas. If this concept and my goals sound like what you are looking for and you want to be a part of our family and enjoy the Le Peep life style with me, you may just find your place as a licensee. We look forward to hearing from you! ~ Kevin Wessel ~