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Ihop Properties For Sale 

    



Interested in Purchasing an Ihop Property for Investment?

 

If you wish to purchase a Ihop property for investment, please email  info@nnndeals.com; We have access to an extensive inventory of triple net Ihop Properties for sale in Washington DC, Maryland, Virginia and the entire United States. 

 

 

ihop

 

 
Price: 

$1M - $3M


Lease Term
:

10 – 15 Years


Increases:
 
10% Every 5 years 
Lease Extensions: 20 – 40 Years  

Lease Type
:
Absolute NNN Lease 

Lease
Guarantee: 

Corporate and Franchise
CAP Rate Ranges:
6% – 7%
Subsidiary
Industry Restaurants
Founded 1958; 58 years ago[1]
Founders Jerry and Al Lapin, Jr.
Headquarters Glendale, California,U.S.
Number of locations
1,650
Area served
North America, Middle East
Key people
Julia Stewart(Acting President)
Russell FindlayVP Marketing
Products Breakfastfoods
Pancakes •Waffles •French Toast
Lunch •Dinner •Sandwiches
Revenue US$349.6 million (2006)[2]
US$72.8 million (2006)[2]
US$44.5 million (2006)[2]
Number of employees
32,300 (2007)[2]
Parent DineEquity
Slogan Everything You Love About Breakfast
Website www.ihop.com
 

       

 

About Ihop:

International House of Pancakes , usually known as IHOP( /ˈ hɒ p/ ) is a United States-based multinational pancake house/fast casualfamily restaurant chain that specializes in breakfast foods. It is owned by DineEquity , with 99% of the restaurants run by independent franchisees.[3] While IHOP's focus is on breakfast foods such as pancakes , French toast, and omelettes , it also offers amenu of lunch and dinner items. The company has 1,650 locations in the United States and Canada . In August 2012, it opened its first franchise inDubai as part of a major expansion into the Middle East restaurant market.[4]A second IHOP restaurant in the Middle East opened in Kuwait in February 2013.[5]

 

Jerry Lapin, Al Lapin, and Albert Kallis founded International House of Pancakes in 1958 with the help of Sherwood Rosenberg and William Kaye. The first restaurant opened on July 7, 1958, at 4301 Riverside Drive in Toluca Lake, Los Angeles, California.[1] 

The location is coincidentally across from the oldest remaining Bob's Big Boy restaurant. Albert Kallis was a professional artist who designed thefilm posters of American International Pictures in the 1950s. Director Bert I. Gordon recalled that Kallis designed their logo[6]and left poster artwork.

The menu later expanded (especially in the 1980s) to include (along with breakfast foods) standard lunch and dinner items found in similar restaurant chains such as Denny's. From 1959 to 1975, it was the flagship division of International Industries, a holding company which also owned the Orange Juliusrefreshment stands.[7] 

In 1973, the chain's name was shortened to "IHOP" for marketing purposes, and since then the full name and acronym have been officially interchangeable.[1]From 1976 onward, the company increasingly favored the acronym.[7] 

Franchising agreements with M.H. Alshaya, an international restaurant-franchising firm, resulted in an agreement for Alshaya to open as many as forty IHOP locations in the Middle East, beginning in 2012. By the end of 2013, IHOP restaurants operated in three Middle Eastern countries: Kuwait, Saudi Arabia, and the United Arab Emirates.[8] 

 

Ihop Properties For Sale Across the United States :

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky,  Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey,  New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,  Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands,  Washington, West Virginia,  Wisconsin,  Wyoming  



 

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