Franchise opportunities compared

    Applebee's Neighborhood Grill + Bar vs Perkins

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Applebee's Neighborhood Grill + Bar

    $616,682 – $5,822,933

    2026 FDD · Item 7

    Perkins

    $579,390 – $3,581,375

    2025 FDD · Item 7

    Initial franchise fee · Item 5

    Applebee's Neighborhood Grill + Bar

    Not available

    Perkins

    $40,000

    2025 FDD · Item 5 · PDF p. 16

    Royalty · Item 6

    Applebee's Neighborhood Grill + Bar

    4%

    2026 FDD · Item 6 · PDF p. 15

    Perkins

    4%

    2025 FDD · Item 6 · PDF p. 19

    Before you compare

    • Applebee's Neighborhood Grill + Bar figures come from its 2026 FDD and Perkins figures from its 2025 FDD, so the years differ.
    • Applebee's Neighborhood Grill + Bar and Perkins disclose more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Applebee's Neighborhood Grill + Bar: 5, Perkins: 9). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Applebee's Neighborhood Grill + Bar

    $616,682 – $5,822,933
    2026 FDD · Item 7

    Perkins

    $579,390 – $3,581,375
    2025 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Applebee's Neighborhood Grill + Bar

    Not available
    No single standard fee identified

    Perkins

    $40,000
    2025 FDD · Item 5 · PDF p. 16
    Royalty (Item 6)

    Applebee's Neighborhood Grill + Bar

    4%
    Royalty rate
    2026 FDD · Item 6 · PDF p. 15

    Perkins

    4%
    Royalty rate
    2025 FDD · Item 6 · PDF p. 19
    Brand / advertising fund (Item 6)

    Applebee's Neighborhood Grill + Bar

    4.25%
    National Advertising Fund rate through December 31, 2026 — 4.25%
    2026 FDD · Item 6 · PDF p. 15

    Perkins

    1%
    Advertising fund contribution low — 1%
    2025 FDD · Item 6 · PDF p. 25

    System scale & health

    Total outlets (Item 20)

    Applebee's Neighborhood Grill + Bar

    1,480
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 54

    Perkins

    Not available
    No reviewed outlet counts
    Net outlet change (Item 20)

    Applebee's Neighborhood Grill + Bar

    −65
    Calculated: 1,545 at end of 2023 → 1,480 at end of 2025

    Perkins

    Not available
    Only one year reported
    Outlet exits (Item 20)

    Applebee's Neighborhood Grill + Bar

    Not available
    No complete exit records for a year

    Perkins

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Applebee's Neighborhood Grill + Bar

    Not available
    Not in reviewed records

    Perkins

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Applebee's Neighborhood Grill + Bar

    Not available
    Not in reviewed records

    Perkins

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Applebee's Neighborhood Grill + Bar
    Locations counted not stated in the reviewed record — Traditional franchised Applebee's Restaurants — South
    $2,450,367
    other Annualized average gross sales
    2026 FDD · Item 19 · PDF p. 53
    Locations counted not stated in the reviewed record — Traditional franchised Applebee's Restaurants — West
    $3,292,418
    other Annualized average gross sales
    2026 FDD · Item 19 · PDF p. 53
    Locations counted not stated in the reviewed record — Traditional franchised Applebee's Restaurants — Midwest
    $2,662,918
    other Annualized average gross sales
    2026 FDD · Item 19 · PDF p. 53
    +2 more groups in the full report
    Perkins
    Locations counted not stated in the reviewed record — Table 1 Perkins Total System — 2024
    $247
    other Table 1 Perkins Total System
    2025 FDD · Item 19 · PDF p. 78
    Locations counted not stated in the reviewed record — Table 2 Perkins Franchised Restaurants — 2024
    $4,240,320
    other Table 2 Perkins Franchised Restaurants
    2025 FDD · Item 19 · PDF p. 78
    Locations counted not stated in the reviewed record — Table 5 Perkins Franchised Restaurants — 2023
    $187
    other Table 5 Perkins Franchised Restaurants
    2025 FDD · Item 19 · PDF p. 79
    +6 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Applebee's Neighborhood Grill + Bar vs Perkins: common questions

    Which costs less to open, Applebee's Neighborhood Grill + Bar or Perkins?
    Applebee's Neighborhood Grill + Bar: $616,682 – $5,822,933 (2026 FDD · Item 7); Perkins: $579,390 – $3,581,375 (2025 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Perkins. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Applebee's Neighborhood Grill + Bar and Perkins royalties compare?
    Applebee's Neighborhood Grill + Bar: 4% (2026 FDD · Item 6 · PDF p. 15); Perkins: 4% (2025 FDD · Item 6 · PDF p. 19). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Do Applebee's Neighborhood Grill + Bar and Perkins disclose financial performance (Item 19)?
    Applebee's Neighborhood Grill + Bar has reviewed Item 19 figures for 5 location groups; Perkins has reviewed Item 19 figures for 9 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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