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

 
IHOP Franchise
Famous Toastery Franchise
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 19582005
Year Franchised 19602013
Term Of Agreement -10 Years
Term Of Agreement -10 Years
Renewal Fee -0


Business Experience Requirements

 
IHOP Franchise
Famous Toastery Franchise
Experience --

Financing Options

 
IHOP Franchise
Famous Toastery Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
IHOP Franchise
Famous Toastery Franchise
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

 
IHOP Franchise
Famous Toastery Franchise
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.

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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