Applebee’s is famous for its original riblets. It is a Neighborhood Grill and Bar.
If you are looking for an Applebee’s franchise, you are at the right place; here, we will give you all information you must know before opening an Applebee’s Franchise. So let’s begin.
About The Applebee’s
Applebee’s combines simple, crave-able American cooking, classic beverages, and local brews to create a lively casual dining experience.
The local business owners operate all Applebee’s restaurants and commit to providing exceptional food and drinks while providing honest, neighborly service.
Applebee’s is a lot younger company than many of its competitors, but it has evolved into a big American institution in its brief history.
In Decatur, Georgia, Bill and T.J. Palmer opened their first restaurant in 1980.
With Bill as President, their company grew swiftly, and he developed the franchising plan, which was released shortly after.
He’s currently a franchisee with over 35 locations across the United States.
IHOP Corp, which owns the IHOP restaurant chain, purchased Applebee’s for a stunning $1.9 billion in 2007.
Shortly after, it announced that it would begin franchising Applebee’s 500 company-owned restaurants in the United States.
Applebee’s Franchise Model
|Initial Franchise Fee||$35,000|
|Royalty Fee||4% initially, 5% possible after|
|Area Requirement||3,800 to 4,700 square feet|
Why Did You Choose Applebee’s Franchise?
Since its founding in 1980, Applebee’s franchise has amassed vast experience and a track record of effective operation and constant expansion.
The brand is well-known and well-liked. Franchises offers are available in a wide range of areas.
Applebee’s is a famous brand that offers significant training and assistance and a well-developed domestic and worldwide marketing and promotional effort for franchisees.
Applebee appeals to a large portion of the population. Its menu appeals to various tastes, including customizable meals, children’s menus, seasonal dishes, etc.
Applebee’s Franchise Training & Support
In-store,task-oriented training is part of the management field training program. This training will take about 12 weeks to complete.
The franchisor provides an essential restaurant management and operations program for directors of operations, general managers, kitchen managers, and other restaurant managers.
The franchisor conducts an introductory training session for non-management restaurant staff before the restaurant opens and around one week after the business opens.
Applebee’s Restrictions & Obligations
The franchisor does not demand that the franchisees personally supervise the restaurant. Franchisees must hire a Director of Operations or a similar position.
The Director of Operations must give their complete attention and efforts to the on-premise restaurant.
One of the Principal Shareholders can be the Director of Operations if the franchisor agrees.
In this situation, the candidate must have adequate restaurant experience to be considered. Franchisees are also obliged to hire a General Manager and a Kitchen Manager.
Applebee’s Franchise Agreement Term & Renewal
The franchise arrangement is for a period of 20 years. If the franchisee is in good standing, the franchise can be renewed up to four times for a total of five years.
A charge equal to 10% of the franchise fee must be paid during renewal.
|Annual Revenue||$2.4 Million||$1.9 Billion|
Frequently Asked Questions
Does Applebee give any financial assistance?
No, they do not provide any such help.
Who is the founder of Applebee's chain?
Bill and T.J. Palmer founded the Applebee’s chain.
Applebee's is owned by which corporation?
Applebees is owned by Dine Brands Global Inc., a publicly-traded food and beverage corporation based in Glendale, California.
Is Applebee's a franchise?
Yes, Applebee’s is franchised by subsidiaries of Dine Brand Global.
How much does an Applebee franchise cost?
The franchise fee for Applebee’s is $2,009,038-$8,267,250, and their cost of investment starts at $35,000.
Amit Gupta is the founder of DrFranchises – a digital marketing agency that helps brands rank better on Google Maps through local SEO strategies. Amit has over 11 years of experience in digital marketing, SEO, email marketing, and social media marketing. He’s also the owner of multiple franchises and has helped countless brands achieve success online. When he’s not working, Amit can be found playing with his dog.