Hooters vs IHOP
Franchise Comparison 2026
Both Hooters and IHOP are full-service restaurants franchises. Hooters requires an investment of $1.3M – $4.1M while IHOP requires $381K – $4.8M. In terms of revenue, Hooters reports higher average unit revenue at $3.6M. IHOP has SBA lending data on file with a 7.3% charge-off rate. FranchiseVerdict rates Hooters B (Above Average) and IHOP A (Top Quintile).
| Metric | Hooters | IHOP |
|---|---|---|
| Verdict Grade | BAbove AverageAbove Average | ATop QuintileTop Quintile |
| Investment Range | $1.3M – $4.1M | $381K – $4.8M |
| Franchise Fee | $75K | $50K |
| Royalty Rate | 5.0% | 4.5% |
| Average Revenue (Item 19) | $3.6M | $2.0M |
| SBA Charge-Off Rate | Limited data | 7.3% (299 loans) |
| Total Units | 297 | 1,642 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2014 | 1960 |
| FDD Year | 2023 | 2026 |
Investment Range
$1.3M – $4.1M
$381K – $4.8M
Franchise Fee
$75K
$50K
Royalty Rate
5.0%
4.5%
Average Revenue (Item 19)
$3.6M
$2.0M
SBA Charge-Off Rate
Limited data
7.3% (299 loans)
Total Units
297
1,642
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2014
1960
FDD Year
2023
2026