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FranchiseVerdict

Applebee's Neighborhood Grill & Bar vs IHOP

Franchise Comparison 2026

Both Applebee's Neighborhood Grill & Bar and IHOP are full-service restaurants franchises. Applebee's Neighborhood Grill & Bar requires an investment of $2.4M – $7.1M while IHOP requires $2.7M – $4.2M. In terms of revenue, Applebee's Neighborhood Grill & Bar reports higher average unit revenue at $2.8M. IHOP has SBA lending data on file with a 7.3% charge-off rate. FranchiseVerdict rates Applebee's Neighborhood Grill & Bar A (Top Quintile) and IHOP A (Top Quintile).

Investment Range
$2.4M – $7.1M
$2.7M – $4.2M
Franchise Fee
$35K
$50K
Royalty Rate
4.0%
4.5%
Average Revenue (Item 19)
$2.8M
$2.0M
SBA Charge-Off Rate
N/A
7.3% (299 loans)
Total Units
1,545
1,693
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2014
2014
FDD Year
2024
2026