FRANCHISE·WATCH·DESK

IHOP & INTERNATIONAL HOUSE OF PANCAKES vs PANERA BREAD BAKERY-CAFÉ

Side-by-side franchise health, sourced from each brand's FDD Item 20. Green marks the stronger figure.

3-yr units
+0.2%
Net unit growth
+2.9%
75
Exit quality
46
79
Transfer / churn
100
Distress
$50K
Franchise fee
$50K
$617K
Investment from
$1.3M