Start-Up Costs and Fees |
||
| IHOP | Cora's | |
| Investment | 414866 - 3374043 | 550000 - 900000 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | 5% of net |
| Advertising Fee | 3.50% | 2% National Fund; 1% Local Fund |
| Year Founded | 1958 | 1987 |
| Year Franchised | 1960 | 1994 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| IHOP | Cora's | |
| Experience | ||
Financing Options |
||
| IHOP | Cora's | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| IHOP | Cora's | |
| Training | We provide franchisees with 5 weeks of theoretical and practical training. | |
| Support | We support the restaurant with a team of trainers who are on site to help you and your staff. Our dedicated and experienced Operations team works with the franchisee to ensure respect of the Cora processes and high standards. Manuals covering all of the operating, marketing and management processes will be made available for your reference. You will benefit from a customized computer system helping you operate your business, keep track of key metrics, inventory, schedules, etc. We use a proprietary extranet information system which allows, through the Internet, automatic transfer and management of data. This system also offers online multimedia training. Using a touch screen, employees have access to online training related to their position in the restaurant. | |
| Marketing | ||
| Operations | We require franchisees to be owner/operators. You can consider an operating partner; however, you and/or the operating partner must participate in all stages of the franchisee approval process. Your operating partner is required to hold a minimum of 25% of shares within the operating company. | |
Expansion Plans |
||
| IHOP | Cora's | |
| US Expansion | ||
| Canada Expansion | 0 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| IHOP | |
| Cora's | |
| Franchise Fee | |
| IHOP | |
| Cora's | |
| Royalty Fee | |
| IHOP | 4.50% |
| Cora's | 5% of net |
| Advertising Fee | |
| IHOP | 3.50% |
| Cora's | 2% National Fund; 1% Local Fund |
| Year Founded | |
| IHOP | 1958 |
| Cora's | 1987 |
| Year Franchised | |
| IHOP | 1960 |
| Cora's | 1994 |
| Term Of Agreement | |
| IHOP | |
| Cora's | |
| Renewal Fee | |
| IHOP | |
| Cora's | |
Business Experience Requirements |
|
| Experience | |
| IHOP | |
| Cora's | |
Financing Options |
|
| Franchise Fees | |
| IHOP | |
| Cora's | |
| Start-up Costs | |
| IHOP | |
| Cora's | |
| Equipment | |
| IHOP} | |
| Cora's | |
| Inventory | |
| IHOP | |
| Cora's | |
| Receivables | |
| IHOP | |
| Cora's | |
| Payroll | |
| IHOP | |
| Cora's | |
Training & Support |
|
| Training | |
| IHOP | |
| Cora's | We provide franchisees with 5 weeks of theoretical and practical training. |
| Support | |
| IHOP | |
| Cora's | We support the restaurant with a team of trainers who are on site to help you and your staff. Our dedicated and experienced Operations team works with the franchisee to ensure respect of the Cora processes and high standards. Manuals covering all of the operating, marketing and management processes will be made available for your reference. You will benefit from a customized computer system helping you operate your business, keep track of key metrics, inventory, schedules, etc. We use a proprietary extranet information system which allows, through the Internet, automatic transfer and management of data. This system also offers online multimedia training. Using a touch screen, employees have access to online training related to their position in the restaurant. |
| Marketing | |
| IHOP | |
| Cora's | |
| Operations | |
| IHOP | |
| Cora's | We require franchisees to be owner/operators. You can consider an operating partner; however, you and/or the operating partner must participate in all stages of the franchisee approval process. Your operating partner is required to hold a minimum of 25% of shares within the operating company. |
Expansion Plans |
|
| US Expansion | |
| IHOP | |
| Cora's | |
| Canada Expansion | |
| IHOP | 0 |
| Cora's | 0 |
| International Expansion | |
| IHOP | |
| Cora's | |