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    Franchise opportunities compared

    IHOP vs Pizza Ranch

    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.

    IHOP2026 FDDPizza Ranch2026 FDD

    Initial investment · Item 7

    IHOP

    $380,550 – $4,823,457

    2026 FDD · Item 7

    Pizza Ranch

    $2,305,500 – $3,330,500

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    IHOP

    $15,000

    2026 FDD · Item 5 · PDF p. 19

    Pizza Ranch

    Not available

    Royalty · Item 6

    IHOP

    4.5%

    2026 FDD · Item 6 · PDF p. 21

    Pizza Ranch

    3.5%

    2026 FDD · Item 6 · PDF p. 15

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • IHOP and Pizza Ranch 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, Pizza Ranch: 12). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    IHOP

    $380,550 – $4,823,457
    2026 FDD · Item 7

    Pizza Ranch

    $2,305,500 – $3,330,500
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    IHOP

    $15,000
    2026 FDD · Item 5 · PDF p. 19

    Pizza Ranch

    Not available
    No single standard fee identified
    Royalty (Item 6)

    IHOP

    4.5%
    Royalty rate
    2026 FDD · Item 6 · PDF p. 21

    Pizza Ranch

    3.5%
    Royalty — greater of $500 or 3.5% of Gross Revenues monthly
    2026 FDD · Item 6 · PDF p. 15
    Brand / advertising fund (Item 6)

    IHOP

    3.5%
    National Advertising Fee rate — 3.5%
    2026 FDD · Item 6 · PDF p. 21

    Pizza Ranch

    5%
    Marketing and Production Fund — up to 5% of Gross Revenues — 5%
    2026 FDD · Item 6 · PDF p. 15

    System scale & health

    Total outlets (Item 20)

    IHOP

    5,028
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 68

    Pizza Ranch

    219
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 50
    Net outlet change (Item 20)

    IHOP

    −36
    Calculated: 5,064 at end of 2023 → 5,028 at end of 2025

    Pizza Ranch

    +1
    Calculated: 218 at end of 2023 → 219 at end of 2025
    Outlet exits (Item 20)

    IHOP

    Not available
    No complete exit records for a year

    Pizza Ranch

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

    IHOP

    1960
    From a verified franchisor listing

    Pizza Ranch

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

    IHOP

    Not available
    Not in reviewed records

    Pizza Ranch

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    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
    +28 more groups in the full report
    Pizza Ranch
    Locations counted not stated in the reviewed record — Population within three-mile radius: 15,000 or Less
    $1,099,142
    other 15,000 or Less
    2026 FDD · Item 19 · PDF p. 44
    Locations counted not stated in the reviewed record — Population within three-mile radius: 15,001 to 30,000
    $1,937,561
    other 15,001 to 30,000
    2026 FDD · Item 19 · PDF p. 44
    Locations counted not stated in the reviewed record — Population within three-mile radius: 30,001 to 50,000
    32 restaurants
    other 30,001 to 50,000
    2026 FDD · Item 19 · PDF p. 44
    +9 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.

    IHOP vs Pizza Ranch: common questions

    Which costs less to open, IHOP or Pizza Ranch?
    IHOP: $380,550 – $4,823,457 (2026 FDD · Item 7); Pizza Ranch: $2,305,500 – $3,330,500 (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 Pizza Ranch royalties compare?
    IHOP: 4.5% (2026 FDD · Item 6 · PDF p. 21); Pizza Ranch: 3.5% (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 Pizza Ranch?
    IHOP: 5,028 (2026 FDD · Item 20 · PDF p. 68); Pizza Ranch: 219 (2026 FDD · Item 20 · PDF p. 50). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do IHOP and Pizza Ranch disclose financial performance (Item 19)?
    IHOP has reviewed Item 19 figures for 31 location groups; Pizza Ranch has reviewed Item 19 figures for 12 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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    Full IHOP report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full Pizza Ranch report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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