Asking Price: $3,400,000
Gross Income: $3,829,000
Cash Flow: $800,000
Real Estate: N/A
Profitable businessIHOP is one of the most well-known brands in the Restaurant business and they have consistently been ranked #1 in family dining. They offer a popular selection of breakfast, lunch and dinner. They are known for their leadership in quality and value. This is a unique opportunity to own multiple IHOP restaurants in excellent high traffic locations with an established staff in place to provide a new owner with a turnkey operation. IHOP has over 1,100 restaurants throughout the US and Canada and have been established for over 50 years. Comprehensive training program that is provided before a sale is completed. All the equipment is owned and in excellent condition and included as part of the sale. All prospective buyers of IHOP franchises are required to have a net worth of $1.5Million and $500,000 in liquid assets.
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