Friendly Banners vs IHOP Franchise Comparison

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

Start-Up Costs and Fees
 
Friendly Banners Franchise
IHOP Franchise
Investment $450,000$414,866 - $3,374,043
Franchise Fee $30,000$40,000 - $50,000
Royalty Fee 4%4.5%
Advertising Fee 2%3.5%
Year Founded 19891958
Year Franchised 19891960
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Friendly Banners Franchise
IHOP Franchise
Experience --

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

Training & Support
 
Friendly Banners Franchise
IHOP Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Friendly Banners Franchise
IHOP Franchise
US Expansion --
Canada Expansion Yes-
International Expansion No-

Company Overviews

About Friendly Banners

A family style restaurant concept featuring a program of ice cream desserts. Open for breakfast, lunch and dinner. Senior's discounts and children's menu available. A range of delicious, high quality ice cream treats from Big Scoop also tempts guests. These delicious treats can be enjoyed after a full-service meal in Banners' comfortable surroundings, or purchased as take-out items from the Big Scoop module unit within the Banners Restaurant.

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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