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