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28. Applebee's

Last Year's Rank: 27

Investment Range: $1,967,438 - $7,073,036

Initial Franchise Fee: $35,000

Category: Restaurant

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Company Description

Applebee’s is a full-service casual dining chain known as a family and neighborhood restaurant. It’s owned by Glendale, California-based Dine Brands Global, which also owns the full-service breakfast chain IHOP.

Opened in 1980 by Bill and TJ Palmer in Atlanta, Georgia, Applebee’s started franchising just five years after. The company now has nearly 2,000 locations in the U.S. and locations in countries such as Ecuador, Jordan and China.

Applebee’s has started introducing healthier options such as menus under 550 calories and the first cocktail in the industry under 100 calories.

Company Statistics

Global Sales: $4,510,000,000*

US Units: 1,693

International Units: 144

Total Units: 1,837

Percent Franchised: 96%

% International Units: 8%

US Franchised Units: 1,624

International Franchised Units: 144

Sales Growth %: 2.3%

Unit Growth %: -5.1%

*Franchise Times Estimate

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