We all prefer going out for eating. It is the food, service and atmosphere that make a restaurant our favorite. The affordable price range and the special offers make the dining even more special.
You have your choices of restaurants and eateries to visit. It entirely depends on you to choose the place you want to visit. Some only have dinner menus. Lunch is served in some of the restaurants. Some of the eateries are operating since a long time. Others have just opened.
IHOP is one of the most popular restaurants. Established in 1958, the first store of IHOP was opened in Toluca Lake, California. The parent company of IHOP, DineEquity Inc has outlets in 49 states, Mexico and Canada. It is a popular eating joint. The restaurant offers breakfast, lunch and also dinner for the customers.
How to start an IHOP 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 is not going to help you in financing the franchise. You can consult a bank if you don?t have enough money.
You will be given training in the main office after you get the approval. The outlet is constructed following strict guidelines and other requirements. The place should accommodate 185 people. The area population should be somewhere in the neighborhood of 25,000 to 50,000 in the adjacent 3 mile area. The size of the lot should be 40,000 to 50,000 square feet. Your customers should get enough parking space.
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. It helps that the chain provides employment application templates, but you will have to interview them.
You have your choices of restaurants and eateries to visit. It entirely depends on you to choose the place you want to visit. Some only have dinner menus. Lunch is served in some of the restaurants. Some of the eateries are operating since a long time. Others have just opened.
IHOP is one of the most popular restaurants. Established in 1958, the first store of IHOP was opened in Toluca Lake, California. The parent company of IHOP, DineEquity Inc has outlets in 49 states, Mexico and Canada. It is a popular eating joint. The restaurant offers breakfast, lunch and also dinner for the customers.
How to start an IHOP 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 is not going to help you in financing the franchise. You can consult a bank if you don?t have enough money.
You will be given training in the main office after you get the approval. The outlet is constructed following strict guidelines and other requirements. The place should accommodate 185 people. The area population should be somewhere in the neighborhood of 25,000 to 50,000 in the adjacent 3 mile area. The size of the lot should be 40,000 to 50,000 square feet. Your customers should get enough parking space.
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. It helps that the chain provides employment application templates, but you will have to interview them.
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