IHOP Franchise: Cost, Fees & Earnings
1,693 locations (2025), -0.6% YoY(Item 20)
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Median Revenue (AUV)
$1,909,035
Source: 2026 FDD, Item 19
Initial Investment
$1,907,682 – $4,823,457
Source: 2026 FDD, Item 7
Franchise Fee
$50,000
Source: 2026 FDD, Item 5
Royalty
4.5%
Source: 2026 FDD, Item 6
About IHOP
IHOP is a family-style restaurant franchise offering a diverse menu featuring signature pancakes, crepes, and coffee along with breakfast, lunch, and dinner items. The franchise operates traditional full-service restaurants in free-standing buildings or in-line centers, competing in the highly developed family dining segment of the foodservice market.
Gross Sales by Performance TierSource: 2026 FDD Item 19
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Explore all brands →AUV Trend — Multi-Year Median Revenue
Additional Item 19 Analysis
Deeper Item 19 Analysis (Charts 3–6)
Openings & Closings, Transfer Rates, Franchise vs Corporate Mix
IHOP vs Competitors
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Comparable alternatives to IHOP by industry and investment size.
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IHOP Franchise FAQ
How much does a IHOP franchise cost?
Per Item 7 of the 2026 FDD Franchise Disclosure Document, the estimated initial investment ranges from $1,907,682 to $4,823,457.
What is the IHOP franchise fee?
The FDD reports an initial franchise fee of $50,000.
What royalty does IHOP charge?
The FDD reports an ongoing royalty of 4.5%.
How much revenue does a IHOP franchise generate?
The 2026 FDD reports a median revenue per unit of $1,909,035 for fiscal year 2025. Individual results vary.
Can I finance a IHOP franchise with an SBA loan?
Many franchise purchases are financed with SBA 7(a) loans covering a large share of the total project cost. You can check what you'd qualify for with Franchable's free SBA prequalification.
Data sourced from the brand's Franchise Disclosure Document. Franchable is not affiliated with or endorsed by IHOP. This is not an offer to sell a franchise. Individual results vary.