IHOP vs Famous Toastery Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of IHOP vs Famous Toastery including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$414,866 - $3,374,043 | $600,500 - $1,024,500 |
Franchise Fee |
$40,000 - $50,000 | $40,000 |
Royalty Fee |
4.5% | 5% |
Advertising Fee |
3.5% | 1%-2% |
Year Founded |
1958 | 2005 |
Year Franchised |
1960 | 2013 |
Term Of Agreement |
- | 10 Years |
Term Of Agreement |
- | 10 Years |
Renewal Fee |
- | 0 |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/Yes |
Start-up Costs |
-/- | -/Yes |
Equipment |
-/- | -/Yes |
Inventory |
-/- | -/Yes |
Receivables |
-/- | -/Yes |
Payroll |
-/- | -/Yes |
Training & Support |
Training |
- |
On-The-Job Training: 744 hours
Classroom Training: 32 hours
|
Support |
- | Newsletter
Meetings/Conventions
Grand Opening
Security/Safety Procedures
Field Operations
Site Selection
|
Marketing |
- | Ad Templates
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
|
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
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.
About Famous Toastery
Share the Toastery Love
It’s no secret that breakfast, lunch and
brunch restaurants have captured American’s hearts and the interest of
restauranteurs nationwide. The hours are ideal. The table turnover is
profitable. And as a bonus, you meet some remarkable customers along the
way.
If you’re interested in owning a Famous Toastery, you must have
$250,000 in liquid cash and a net worth of $500,000 or more. Then,
you’ll meet with our team so we can spill the beans and make sure we’re a
good fit.
Veteran Incentives 20% off franchise fee