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FranchiseVerdict

Tim Ho Wan vs IHOP

Franchise Comparison 2026

Both Tim Ho Wan and IHOP are full-service restaurants franchises. Tim Ho Wan requires an investment of $3.2M – $3.8M while IHOP requires $2.7M – $4.2M. IHOP has SBA lending data on file with a 7.3% charge-off rate. FranchiseVerdict rates Tim Ho Wan B (Above average) and IHOP A (Strongest tier).

Investment Range
$3.2M – $3.8M
$2.7M – $4.2M
Franchise Fee
$86K
$50K
Royalty Rate
3.0%
4.5%
Average Revenue (Item 19)
N/A
N/A
SBA Charge-Off Rate
N/A
7.3% (299 loans)
Total Units
6
1,693
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2020
2014
FDD Year
2025
2026