Which costs less to open, Elmer’s Breakfast*Lunch*Dinner or IHOP?

Elmer’s Breakfast*Lunch*Dinner: $1,146,750 – $4,672,125 (2026 FDD · Item 7); IHOP: $380,550 – $4,823,457 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for IHOP. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.

How do Elmer’s Breakfast*Lunch*Dinner and IHOP royalties compare?

Elmer’s Breakfast*Lunch*Dinner: 4% (2026 FDD · Item 6 · PDF p. 12); IHOP: 4.5% (2026 FDD · Item 6 · PDF p. 21). Royalties as disclosed in Item 6; other recurring fees are listed separately.

Which has more locations, Elmer’s Breakfast*Lunch*Dinner or IHOP?

Elmer’s Breakfast*Lunch*Dinner: 4 (2026 FDD · Item 20 · PDF p. 54); IHOP: 5,142 (2025 FDD · Item 20 · PDF p. 57). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.

Do Elmer’s Breakfast*Lunch*Dinner and IHOP disclose financial performance (Item 19)?

Elmer’s Breakfast*Lunch*Dinner has reviewed Item 19 figures for 4 location groups; IHOP has reviewed Item 19 figures for 39 location groups. Different location groups are not directly comparable, and revenue is not profit.

Franchise opportunities compared

Elmer’s BreakfastLunchDinner vs IHOP

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.

Elmer’s Breakfast*Lunch*Dinner2026 FDD

IHOP2026 FDD

Initial investment · Item 7

Elmer’s Breakfast*Lunch*Dinner

$1,146,750 – $4,672,125

2026 FDD · Item 7

IHOP

$380,550 – $4,823,457

2026 FDD · Item 7

Initial franchise fee · Item 5

Elmer’s Breakfast*Lunch*Dinner

$40,000

2026 FDD · Item 5 · PDF p. 11

IHOP

$15,000

2026 FDD · Item 5 · PDF p. 19

Royalty · Item 6

Elmer’s Breakfast*Lunch*Dinner

2026 FDD · Item 6 · PDF p. 12

IHOP

4.5%

2026 FDD · Item 6 · PDF p. 21

Before you compare

Both sets of figures come from 2026 FDDs.
Elmer’s Breakfast*Lunch*Dinner and IHOP 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 (Elmer’s Breakfast*Lunch*Dinner: 4, IHOP: 39). Different groups are not directly comparable.

Financial commitment

Disclosure

Elmer’s Breakfast*Lunch*Dinner

IHOP

Estimated initial investment (Item 7)

Elmer’s Breakfast*Lunch*Dinner

$1,146,750 – $4,672,125

2026 FDD · Item 7

IHOP

$380,550 – $4,823,457

2026 FDD · Item 7

Standard initial franchise fee (Item 5)

Elmer’s Breakfast*Lunch*Dinner

$40,000

2026 FDD · Item 5 · PDF p. 11

IHOP

$15,000

2026 FDD · Item 5 · PDF p. 19

Royalty (Item 6)

Elmer’s Breakfast*Lunch*Dinner

Royalty: 4% of Gross Sales, due weekly on or before Wednesday by ACH

2026 FDD · Item 6 · PDF p. 12

IHOP

4.5%

Royalty rate

2026 FDD · Item 6 · PDF p. 21

Brand / advertising fund (Item 6)

Elmer’s Breakfast*Lunch*Dinner

Aggregate cap on all required marketing expenditures: 3% of Gross Sales — 3%

2026 FDD · Item 6 · PDF p. 12

IHOP

3.5%

National Advertising Fee rate — 3.5%

2026 FDD · Item 6 · PDF p. 21

System scale & health

Disclosure

Elmer’s Breakfast*Lunch*Dinner

IHOP

Total outlets (Item 20)

Elmer’s Breakfast*Lunch*Dinner

Outlets at end of 2025

2026 FDD · Item 20 · PDF p. 54

IHOP

5,142

Outlets at end of 2025

2025 FDD · Item 20 · PDF p. 57

Net outlet change (Item 20)

Elmer’s Breakfast*Lunch*Dinner

−11

Calculated: 15 at end of 2023 → 4 at end of 2025

IHOP

+3,459

Calculated: 1,683 at end of 2022 → 5,142 at end of 2025

Outlet exits (Item 20)

Elmer’s Breakfast*Lunch*Dinner

Not available

No complete exit records for a year

IHOP

Not available

No complete exit records for a year

Franchising since (Item 1)

Elmer’s Breakfast*Lunch*Dinner

1966

From a verified franchisor listing

IHOP

1960

From a verified franchisor listing

Franchisor founded (Item 1)

Elmer’s Breakfast*Lunch*Dinner

Not available

Not in reviewed records

IHOP

Not available

Not in reviewed records

Financial performance (Item 19), by location group

Elmer’s Breakfast*Lunch*Dinner

Locations counted not stated in the reviewed record — Egg N’ Joe restaurants operating at least one full year

$1,297,789

other Egg N’ Joe #1 gross sales 2024

2026 FDD · Item 19 · PDF p. 51

Locations counted not stated in the reviewed record — Elmer’s Kitchen restaurants operating at least one full year

$2,400,369

other Elmer’s Kitchen #1 gross sales 2024

2026 FDD · Item 19 · PDF p. 53

Locations counted not stated in the reviewed record — Elmer’s Restaurants open at least one full year

$6,243,497

other Elmer’s A

2026 FDD · Item 19 · PDF p. 52

+1 more groups in the full report

IHOP

Locations counted not stated in the reviewed record — Traditional franchised IHOP Restaurants in the Northeast U.S. Census Bureau reg…

$2,176,716

other Gross Sales

2026 FDD · Item 19 · PDF p. 66

Locations counted not stated in the reviewed record — Traditional franchised IHOP Restaurants in the Midwest U.S. Census Bureau region

$1,551,817

other Gross Sales

2026 FDD · Item 19 · PDF p. 66

Locations counted not stated in the reviewed record — Traditional franchised IHOP Restaurants using the freestanding prototype, 2024…

$1,970,976

other Gross Sales

2026 FDD · Item 19 · PDF p. 67

+36 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.