We all prefer going out for eating. We have our favorite restaurants where the food is the way we like it, the service is great, and the atmosphere keeps bring us back. The prices charged are mostly fine and the special things make our dining a wonderful experience.
Everyone has their own favorite restaurant. You can choose those who major in breakfasts or lunches. Some only have dinner menus. Some restaurants only serve lunch. Some have been in business for a long time. Others have just started the operation.
IHOP is one of the most popular restaurants. It has been around since 1958 when it established its first store in Toluca Lake, California. The parent company of IHOP, DineEquity Inc has outlets in 49 states, Mexico and Canada. It is a popular family restaurant. The restaurant offers breakfast, lunch and also dinner for the customers.
What needs to be done to start an IHOP restaurant franchise.
You need to have at least 1.5 million which is close to $500,000 to start a franchise. Basic business experience is needed to get the approval. The company doesn?t assist you to finance your franchise. So if you do not have all of the cash for the franchise fee, be prepared to talk to a bank.
You will be given training in the main office after you get the approval. Strict guideline are followed while constructing the store. The store needs to have place for 185 people. The area population should be between 25,000 to 50,000. If the store is a part of grocery establishment then the size should be 10,000 to 20,000 square feet. The parking space should be fine for your customers.
Owning an IHOP franchise is a good idea if you have both business and restaurant experience. You will get the necessary training if you meet all the requirements. You will get help from the chain in the areas of food and training. You will have to find the employees yourself. You will have to take the interview of the candidates.
Everyone has their own favorite restaurant. You can choose those who major in breakfasts or lunches. Some only have dinner menus. Some restaurants only serve lunch. Some have been in business for a long time. Others have just started the operation.
IHOP is one of the most popular restaurants. It has been around since 1958 when it established its first store in Toluca Lake, California. The parent company of IHOP, DineEquity Inc has outlets in 49 states, Mexico and Canada. It is a popular family restaurant. The restaurant offers breakfast, lunch and also dinner for the customers.
What needs to be done to start an IHOP restaurant franchise.
You need to have at least 1.5 million which is close to $500,000 to start a franchise. Basic business experience is needed to get the approval. The company doesn?t assist you to finance your franchise. So if you do not have all of the cash for the franchise fee, be prepared to talk to a bank.
You will be given training in the main office after you get the approval. Strict guideline are followed while constructing the store. The store needs to have place for 185 people. The area population should be between 25,000 to 50,000. If the store is a part of grocery establishment then the size should be 10,000 to 20,000 square feet. The parking space should be fine for your customers.
Owning an IHOP franchise is a good idea if you have both business and restaurant experience. You will get the necessary training if you meet all the requirements. You will get help from the chain in the areas of food and training. You will have to find the employees yourself. You will have to take the interview of the candidates.
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