Shoney's Restaurants vs IHOP Franchise Comparison

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

Start-Up Costs and Fees
 
Shoney's Restaurants Franchise
IHOP Franchise
Investment $568,000 - $2,800,000$414,866 - $3,374,043
Franchise Fee $25,000 - $35,000$40,000 - $50,000
Royalty Fee 2.5-3.5%4.5%
Advertising Fee -3.5%
Year Founded 19681958
Year Franchised 19711960
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Shoney's Restaurants Franchise
IHOP Franchise
Experience

Solid business experience Multi-unit management Proven expertise in retail (food and beverage a plus) Previous franchise experience advantageous

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Financing Options
 
Shoney's Restaurants Franchise
IHOP Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Shoney's Restaurants Franchise
IHOP Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Shoney's Restaurants Franchise
IHOP Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Shoney's Restaurants

Since 1947, Shoney’s has been known for authentic southern dishes that are available for breakfast, lunch, supper and to-go.
Today, after completing an extensive revitalization program that includes a focus on freshly prepared, innovative menu items, beautifully redesigned restaurants with flat screen TV’s and modern furnishings and the commitment to give back to the communities we serve, Shoney’s truly is better than ever.
Shoney’s is a Nashville-based company with more than 140 restaurants located in 16 states. Each restaurant strives to give back and be a pillar to the community, which is the hallmark of Shoney’s culture. We support local schools, sports teams, the military, firefighters, police, EMTs and more.
From San Antonio, Texas to Dover, Ohio and every location in between, our restaurants are committed to partner with the communities we serve.

Grow with us! Make Shoney’s a part of your future and invest in a business you’ll be proud to own.

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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