IHOP vs Tim Ho Wan
Franchise Comparison 2026
Both IHOP and Tim Ho Wan are full-service restaurants franchises. IHOP requires an investment of $2.7M – $4.2M while Tim Ho Wan requires $3.2M – $3.8M. IHOP has SBA lending data on file with a 7.3% charge-off rate. FranchiseVerdict rates IHOP A (Strongest tier) and Tim Ho Wan B (Above average).
| Metric | IHOP | Tim Ho Wan |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | BAbove averageAbove average |
| Investment Range | $2.7M – $4.2M | $3.2M – $3.8M |
| Franchise Fee | $50K | $86K |
| Royalty Rate | 4.5% | 3.0% |
| Average Revenue (Item 19) | N/A | N/A |
| SBA Charge-Off Rate | 7.3% (299 loans) | N/A |
| Total Units | 1,693 | 6 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2014 | 2020 |
| FDD Year | 2026 | 2025 |
Investment Range
$2.7M – $4.2M
$3.2M – $3.8M
Franchise Fee
$50K
$86K
Royalty Rate
4.5%
3.0%
Average Revenue (Item 19)
N/A
N/A
SBA Charge-Off Rate
7.3% (299 loans)
N/A
Total Units
1,693
6
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2014
2020
FDD Year
2026
2025