Franchise opportunities compared
IHOP vs of Applebee’s Neighborhood Grill & Bar
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
IHOP
$380,550 – $4,823,457
2026 FDD · Item 7of Applebee’s Neighborhood Grill & Bar
$616,682 – $5,822,933
2026 FDD · Item 7Initial franchise fee · Item 5
IHOP
$15,000
2026 FDD · Item 5 · PDF p. 19of Applebee’s Neighborhood Grill & Bar
Not available
Royalty · Item 6
IHOP
4.5%
2026 FDD · Item 6 · PDF p. 21of Applebee’s Neighborhood Grill & Bar
4%
2026 FDD · Item 6 · PDF p. 15Before you compare
- Both sets of figures come from 2026 FDDs.
- IHOP and of Applebee’s Neighborhood Grill & Bar 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 (IHOP: 31, of Applebee’s Neighborhood Grill & Bar: 6). Different groups are not directly comparable.
Financial commitment
IHOPIHOP
of Applebee’s Neighborhood Grill & Bar
IHOP
of Applebee’s Neighborhood Grill & Bar
IHOP
of Applebee’s Neighborhood Grill & Bar
IHOP
of Applebee’s Neighborhood Grill & Bar
System scale & health
IHOPIHOP
of Applebee’s Neighborhood Grill & Bar
IHOP
of Applebee’s Neighborhood Grill & Bar
IHOP
of Applebee’s Neighborhood Grill & Bar
IHOP
of Applebee’s Neighborhood Grill & Bar
IHOP
of Applebee’s Neighborhood Grill & Bar
Financial performance (Item 19), by location group
IHOPItem 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.
IHOP vs of Applebee’s Neighborhood Grill & Bar: common questions
- Which costs less to open, IHOP or of Applebee’s Neighborhood Grill & Bar?
- IHOP: $380,550 – $4,823,457 (2026 FDD · Item 7); of Applebee’s Neighborhood Grill & Bar: $616,682 – $5,822,933 (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 IHOP and of Applebee’s Neighborhood Grill & Bar royalties compare?
- IHOP: 4.5% (2026 FDD · Item 6 · PDF p. 21); of Applebee’s Neighborhood Grill & Bar: 4% (2026 FDD · Item 6 · PDF p. 15). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, IHOP or of Applebee’s Neighborhood Grill & Bar?
- IHOP: 5,028 (2026 FDD · Item 20 · PDF p. 68); of Applebee’s Neighborhood Grill & Bar: 1,480 (2026 FDD · Item 20 · PDF p. 54). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do IHOP and of Applebee’s Neighborhood Grill & Bar disclose financial performance (Item 19)?
- IHOP has reviewed Item 19 figures for 31 location groups; of Applebee’s Neighborhood Grill & Bar has reviewed Item 19 figures for 6 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.
Keep researching

Full IHOP report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full of Applebee’s Neighborhood Grill & Bar report
Every reviewed fee, Item 19 group, outlet table and territory disclosure

