🠈 International House of Pancakes 🠊
International House of Pancakes
The International House of Pancakes is a chain of restaurants with over 1650 stores. The first restaurant was opened at 4301 Riverside Drive in the Toluca Lake neighborhood of Los Angeles in 1958.
The company began franchising in 1960 and went public under the name International House of Pancakes in 1961. In 1973, the company officially began marketing itself with the bouncy initials IHOP and continued its gradual expansion. In 2001, IHOP opened its 1000th restaurant in Layton, Utah. In November 2007, IHOP purchased the Applebees chain of restaurants. The IHOP corporate site indicates that 99% of the restaurant chain are franchised owned and that they hope to transition Applebees with the same locally owned structure.
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Corporate History
- 1958: Al Lapin, Jr. started the International House of Pancakes chain.
- 1959: Company launched the holding company International Industries which acquired brands including Orange Julius, Love's Wood Pit Barbecue, Golden Cup Coffee Shops, The Original House of Pies, Wil Wright's Ice Cream Shoppes, and others.
- 1960: IHOP begins franchising.
- 1975: IHOP became independent after International Industries folds.
- 1973: Company shortened its name to IHOP.
- 1979: The Swiss company Wienerwald Holding acquired a majority interest in IHOP.
- 1981: Friedrich Jahn. Herzer attempted to acquire IHOP with loans.
- 1982: The buyout failed and the Swiss company SVIDO acquired IHOP.
- 1987: Richard K. Herzer, financed by Kelso Company acquired IHOP.
- 1991: IHOP held an IPO and traded on the NYSE with the symbol IHP.
- 1992: IHOP opened its 500th restaurant.
- 2001: IHOP opened its 1,000th store.
- 2007: IHOP acquired Applebee's.
- 2008: IHOP's holding company changed its name to DineEquity and its symbol to DIN.
- 2018: DineEquity changed its name to Dine Brands Global.
References:
- Wikipedia - IHOP (Drawn 4/6/2017)
- IHOP - Our History (Drawn 4/6/2017)
- Funding Universe - iHOP (Drawn 9/22/2019)
Directory Listings:
- Mohave County - Dining: International House of Pancakes
- Phoenix Color - Dining: International House of Pancakes
- Pima County - Dining: International House of Pancakes
- Pinal County - Dining: International House of Pancakes
- Santa Cruz County - Dining: International House of Pancakes
- Yuma County - Dining: International House of Pancakes
- Boulder Color - Dining: International House of Pancakes
- Colorado Springs Color - Dining: International House of Pancakes
- Denver Color - Dining: International House of Pancakes
- Fort Collins Color - Dining: International House of Pancakes
- Grand Junction - Dining: IHOP
- Pueblo Color - Dining: International House of Pancakes
- Missoula Websites - Dining: International House of Pancakes
- Cedar City - Dining: International House of Pancakes
- Logan Utah - Dining: International House of Pancakes
- Ogden, Utah - Dining: International House of Pancakes
- Provo Utah - Dining: International House of Pancakes
- Saint George - Dining: International House of Pancakes
- Salt Lake Sites - American: IHOP
- Cheyenne, Wyoming. US - Dining: IHOP