Tin Star Restaurant vs IHOP Franchise Comparison

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

Start-Up Costs and Fees
 
Tin Star Restaurant Franchise
IHOP Franchise
Investment $500,000$414,866 - $3,374,043
Franchise Fee $20,000 - $35,000$40,000 - $50,000
Royalty Fee 4%4.5%
Advertising Fee -3.5%
Year Founded 19991958
Year Franchised 20031960
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Tin Star Restaurant Franchise
IHOP Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Tin Star Restaurant Franchise
    IHOP Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Tin Star Restaurant Franchise
    IHOP Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Ad slicks-
    Operations Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 35

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Tin Star Restaurant Franchise
    IHOP Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Tin Star Restaurant

    Become a Part of the Tin Star Family Tin Star is seeking energetic, motivated restaurateurs with an unrelenting commitment to Guest service, quality and freshness. We're proud of our concept, and we're excited to find qualified, experienced franchisees who share our passion for great food, fantastic flavors and the Tin Star spirit of hospitality. Take a look at our preliminary requirements and contact our corporate officers for information about available opportunities. If you are interested in developing a specific market and meet all of the preliminary requirements, please complete our application. The Tin Star team has worked hard to put together a franchise program that includes support related to restaurant design, operations, training and development and marketing. Rich Hicks, President, has extensive experience in the restaurant and hospitality industry. At Tin Star, our spirit shines through our people, our food, and the experience we create for our Guests. We invite you to get in touch with us to learn more about specific franchise opportunities available at Tin Star.

    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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