list of applebee's franchise owners list of applebee's franchise owners

"Our approach and our culture has been pushing decision-making as far down as you can. The buyer is local Applebees franchisee Jon Rolph and his Thrive Restaurant Group. There have been four key things: Refranchising, capital, technology and culture. If you ever go to sell, will you please call us? he asked. In 2019, the company changed its name to Franchise Group, Inc. and began acquiring other companies. support. This business is not a "one size fits all" type of concept. At the moment there are 1,715 Applebees franchise Make sure you have a culture that rewards decision-making and leadership," said Garrett. He was an athlete in high school and college, and even spent ten years as an amateur mountain climber. Established in 1980. Applebees franchise and company-operated operations consisted of 1,689 Applebees restaurants in the United States, two U.S. territories and 11 countries outside the United States as of September 30, 2021. He became an Applebee's franchisee in 1985. The company began in 1997 when John Hewitt, co-founder of Jackson Hewitt, acquired, U&R Tax Depot. End-to-end digital infrastructure and sophisticated point of sale systems have made it easy to track sales, ticket times, labor and food costs in nearly real time from anywhere with a cell signal. In the case of a tie in the amount of total revenue, we settled the tie in favor of the company with the most units. By 7:30 a.m. Tankel begins his daily 90-minute workout, which can consist of biking, lifting weights, walking or, in the summer, taking a swim in his pool. Franchise Times Flynn tops $2B and Nabs deal of the year SSCP has been in the restaurant business for decades and joined the Applebees brand in 2008 when it acquired Applebees in Texas. Complete Step 2 to receive your complete franchise information. I give them the credit for itme.. The Applebee's concept focuses on casual dining, with mainstream American dishes such as salads, chicken, pasta, burgers, and "riblets" (Applebee's signature dish). Weve got really strong leaders that have grown up in our company . Daughter/sister Puja Dharod, a principal and director at SSCP, is the muscle in the companys philanthropic arm. Applebees is franchised by subsidiaries of Dine Brands Global Inc. [NYSE: DIN], which is one of the worlds largest full-service restaurant companies. The second-largest franchisee of Applebees restaurants, RMH Franchise Holdings, filed for bankruptcy. - In Saudi Arabia currency, the investment comes around SR 7,54 to SR 31,01 million. Look Good Brands was established in July 2019 when the founders of Deka Lash acquired Legends Boxing. Our annual Restaurant 200 franchisee research includes questionnaires, phone surveys, and in some cases, a review of public documents such as annual reports, 10Ks and FDDs. Our business is vibrant and we are continuing to outperform established peers. If the company happens to operate a restaurant concept that is not franchised, or is the franchisor of another concept, we will not include that number in the overall revenue or unit count. Since 1980, we've been bringing great food and big smiles to Alaska neighborhoods. Purchase Price (US$ millions) Owned Since. The Apple Gold Group is one of the original five Applebee's Franchisees and was founded in 1984. Slumping tech and property activity arent yet pushing the broader economy into recession. $ 295 $ 199 Download; Denny's Franchisee Owners List. Find other similar franchises in our catalog! The second-largest franchise owner of Applebee's restaurants filed for bankruptcy protection Tuesday. If there are any big anomalies, my next call is to Neesha Seervai, our chief operating officer and director of operations. The company also owns ProNexis, a call center and lead-generation system for home services franchisees. Where the Restaurant 200 will go next is pretty clear: upward and onward with more capital, stronger cultures and more sophisticated technology. Be the first to know! - In currency of the United Kingdom, the investment comes around 1,45 to 5,96 million. Bill Palmer died in 2020. Applebee's Initial Investment Initial Investment: $2,009,038 - $8,267,250 Ongoing Fees Initial Franchise Fee: $35,000 Ongoing Royalty Fee: 4% Dine Brands Global trades under the . Since its foundation in 1983 Applebee's franchise has won several awards including Franchisee of the Shes a morning person, shes a heat-seeking missile and shes already got answers., Issues worthy of discussion can include cost spikes at certain locations at certain times of night, logistical or even whether altercations took place at one of the restaurants. But slowing profits in other sectors and rising interest rates are warning signs. Part of Roark Capital Group like CKE Restaurants and Focus Brands, Inspire Brands changed its name from Arby's Restaurant Group in 2018. Let Flhip.com Help You Get in the Door First of Those New Restaurants. Rising costs and a shortage of workers are pushing the Southwest-style restaurant chain to do more with less. At FranchiseComplaints.org, we take pride in the accuracy of our reports and the success of our clients. Happy hour, which lasts from 4 p.m. to 8 p.m., is a busy time for restaurants and Tankel takes the opportunity to observe his operations in action. John Hamburger, David Farkas and Dennis Monroe also contributed to this report. "Since the recession, restaurant franchisees have had greater access to capital than at any point Ive seen in in my 37 years in the restaurant business," wrote John Hamburger, president of Franchise Times and the Restaurant Finance Monitor. "If you dont have a good system or good people and then you try to centralize everything, all you do is get farther and farther away from the business, farther and farther away from the customer.". For years Applebee's has embraced neighborhood culture, providing high-quality food . His philosophy: Be different, then go big. Applebee's restaurant at Times Square in New York. Franchisees are individuals or entities that own at least one franchise business. / Photograph: Shutterstock We hope to make independent . We've been franchising internationally for years and are always looking to grow our neighborhood around the world. The recent acquisition brings SSCPs locations to approximately 400 units across 25 states. Last edited on 28 February 2023, at 10:43, "John Cywinski named Applebee's brand president", "Applebee's hires new chief culinary officer to lead menu revamp", "Why is Applebee's Called Applebee's? RBI is owned by the following investment companies: 3G Capital (the majority owner), Pershing Square and Berkshire Hathaway. So, perhaps taking on an Applebee's franchise could become a wealthy investment. ", "Applebee's Social Media Nightmare: Technology 24/7 Isn't Always a Good Thing", "Chelsea Welch, Applebee's Waitress, Talks Unemployment; Applebee's PR Melts Down", "Applebees Fires Waitress For Exposing Tip-Skipper, Then Tries to Silence Public on Social Media", "Applebee's and the Terrible, Horrible, No Good, Very Bad Week", "Social Media Suicide: A Dissection of the Applebee's 'Strategy'"", "Applebee's Restaurant Social Media Fail", "Applebee's uses Facebook in response to firing of waitress, creates PR nightmare", "Applebee's Will Close at Least 105 Restaurants This Year", "Applebee's is ditching millennials after they forced hundreds of restaurant closures", "The CEO behind Applebee's reveals how the Dollarita played an essential role in the chain's turnaround", "How the CEO behind Applebee's and IHOP pulled off a shocking turnaround in just a year", "Are Applebee's $1 Cocktails Really a Good Idea? And that's before tax and other expenses are taken into account such as a 4% royalty fee to Applebee's. And that's before tax and other expenses are taken into account such as a 4% royalty fee to Applebee's. In 2019, Applebee's advertising fees accounted for 165.5 million U.S. It seems like a major jump for a company to instantly have 42 more restaurants on top of so many already in a total of a dozen states but Rolph said Thrive can handle it. Despite hesitation by some franchisees to participate, the promotions were associated with a major increase in traffic at some locations, and prompted the chain to offer similar promotions later on. Applebee's offers a full range of franchise support including training, site selection assistance, restaurant-design-planning . Rolph said it makes sense to own Applebees restaurants in Thrives own backyard. 3 on the list, Dhanani group added $229 million to eke into the billion-dollar club. Started with Play It Again Sports, the company changed its name to Winmark in 2001 after an eight-year stint as Grow Biz International. Copyright 1998-2023 Franchise Direct. Sale! This includes the AppleONE Point-of-Sale (A1POS) and AppleONE Cards (A1 Cards) software components. Applebee's Franchise Cost / Initial Investment / Applebee's Franchise Income. He also bought another 20 Applebees restaurants from Neighborhood Hospitality, with restaurants in West Virginia, eastern Ohio, and eastern Kentucky. "Being a part of Applebee's since 2022, my very first interaction with the brand owners gave me an insight into the brand's history and strength. And at No. Some functions like safety and accounting functions can be combined but operations has to be specific to the particular concept.". Were grateful to have these stores, he said. The whole creative aspect of our business is one of my favorite parts of our business, said Rolph, who was a film major in college. APPLE AMERICAN GROUP Apple American Group is the largest Applebee's franchisee, operating 441 restaurants across 23 states. Applebee's has the franchise fee of up to $35,000, with total initial investment range of $2,009,038 to $8,267,250. Our casual atmosphere and attentive staff will make sure you're eatin' good whenever you step into a Alaska Applebee's. Our extensive menu of delicious comfort food is sure to have something for everyone to love. There are times it gets more stressful than others, but isnt that life?, Apple-Metro Chairman and CEO Zane Tankel runs 36. He never sits down to have drinks with customerseverpreferring to keep distance as the proprietor. Panera Brands was formed by Luxembourg-based holding company JAB Holding Company, which had acquired each of the brands separately in previous years. Atlanta-based RMH Franchise Holdings Inc. sought chapter 11 . Last month, Jim Stevens sold his 22 Applebees restaurants. Noontime brings a more in-depth call with his director of operations to discuss the previous evenings events and numbers. Best Life Brands was created in 2019 as the umbrella organization for franchises "focused on the well-being of clients at any stage of life." Bloomin' Brands Year Formed: 1988 Based In: Tampa, Florida Main Franchise Industry: Food Franchise Brands: Bonefish Grill Carraba's Italian Grill Fleming's Prime Steakhouse & Wine Bar Outback Steakhouse They opened a second location outside of Atlanta, Georgia a few years later, and sold the company to W. R. Grace and Company in 1983. So were always on the lookout, and we try to be patient and look for the right opportunities at the right times.. Since there are so many, he is only able to get to seven on a good day. In that capacity, Palmer guided the operation from its entrepreneurial beginnings to a full-fledged franchise system. It is part of Flynn Restaurant Group which also operates 282 Taco Bells, 130 Paneras, 369 Arby's, 941 Pizza Huts, and 192 Wendy's, making it the largest restaurant franchisee in the US. On an average day, Tankel, who is 73, wakes up around 6:30 a.m. at his home in Alpine, New Jersey, and by 7 a.m. enjoys a healthy breakfasta veggie shakeand reviews reports of goings on at each of his restaurants the night before, including the sales and earnings figures. When you have a licensed premisesliquorpeople walk in lambs and turn into lions while theyre drinking, says Tankel. Travis Heying The Wichita Eagle, Thrive Restaurant Group becomes nations fifth-largest Applebees franchisee. Watch for a few more billion-dollar operations next year. With all of the shuffling, it can be hard to remember which franchises are owned by which parent company, as well as which franchises are technically sibling companies. For lunch, Tankel tours his restaurants. [citation needed] In 2009 Applebee's changed its slogan again to "There's no place like the neighborhood. SSCP, routinely a Top-50 member of the Franchise Times Restaurant list of the largest U.S. franchisees annually, has always actively sought community involvement via its respective brands by supporting local schools and organizations through fundraisers and mutually-beneficial partnerships. "Dedicated teams have to be assigned to each. Certainly there were refranchising programs and restaurant sales before, but when interest rates plummeted and Wall Street put a premium on royalty income, brands played along. SSCP always strives to provide the best experience for its guests through superior service and outstanding food. Applebee's has 1,728 franchise and company-operated restaurants in the United States, Puerto Rico, Guam and 11 other countries as of September 30, 2020. [citation needed], In 2021, after having removed it due to the impact of the COVID-19 pandemic, Applebee's restored its Oreo Cookie Shake to its menu. [1] United States locations have steadily declined in recent years and as of December 26, 2022, there were 1,586 locations. Early History of the Applebee family. She established the Puja Foundation in order to support team members during hardships and unforeseen events. Knoxville, Tennessee Area. SSCP is an award-winning restaurant leader with over 400 restaurants nationwide including 80 Applebees, 45 Sonic-Drive-Ins, parent company of Roys fine dining, and franchisor of Cicis Pizza Buffet. When the Restaurant Finance Monitor first calculated the list of the top restaurant operators back in 1989, there were just 13 companies that topped $100 million in revenue. SSCP Management is owned by Sunil Dharod, a Dallas businessman and philanthropist. Yum acquired The Habit in January 2020. Applebee's locations in the New York metropolitan region. He said the two sides of the business complement each other. However, out of all of that cash the average franchisee gets only about $310,000 profit. According to The Grubwire, the average Applebee's restaurant achieves an astonishing annual sales of over $2.4 million. [8] In 1988, Applebee's International, Inc., became the restaurant chain's franchiser when Kansas City franchisees Abe Gustin and John Hamra purchased the rights to the Applebee's concept from W. R. Applebee's allows investors to set up numerous franchises though (according to Applebee's website), meaning that operators have the chance to multiply their earnings by operating more than one restaurant. Thrive also has its own concepts, including 16Carlos OKellys restaurants, threeHomeGrown restaurants, aPeace Love & Pie shopand a pie truck. An Applebee's and Taco Bell franchise executive wrote in a leaked email that high gas prices would bring in new workers who won't demand high wages. According to The Grubwire, the average Applebee's restaurant achieves an astonishing annual sales of over $2.4 million. https://www.wsj.com/articles/applebees-franchise-owner-files-for-bankruptcy-1525794859. Continue reading your article witha WSJ subscription, Already a member? Operators like Tom Garrett at GPS Hospitality (No. The servers, who received a federal minimum wage of $2.13 per hour as tipped employees, allege that the company requires them to spend 20% of their time doing non-serving labor, for which they should be paid the federal minimum wage of $7.25 per hour. This year has already seen an uptick in deal activity. . There are certain dishes that I use as a barometer, a benchmark on how the restaurants performing overall, he explained. Their vision was "to create a restaurant that had a neighborhood pub feel to it and could offer friendly service along with quality fare at a lower price than most of their competition." Obviously, the pandemic put all that on hold.. Although franchisees have many benefits of an established brand including itsreputation, sophisticated advertising, and access to its financial strength they also have drawbacks such as less freedom to deviate from the brand's direction and frequent royalty payments (via Forbes). Browse our most popular restaurant franchise owner contact lists below and start reaching out to qualified franchisee leads today! This gives Dine - at a corporate level - a . He said hes still refining his pie business, and he and his staff are working on new concepts as well. The food franchise holding company has been owned by Canadian franchisor MTY Food Group since 2016. Weve built up an engine that can do acquisitions, he said. Distribution and use of this material are governed by 375,000+ . - In the United States, the total investment to start the Applebees Bar and Grill is around $2,009,038 to pasta, chicken, burgers, and "riblets." Authority Brands has investment from Apax Partners, L.P., a private equity firm based in London, United Kingdom. Different concepts have different expectations," said Greg Hamer of B&G Food Enterprises (No. Altogether, the top 200 operators by revenue added $2.9 billion in top line revenue with the addition of 1,817 restaurants. The Applebee's chain was founded by Bill and T. J. Palmer in 1980. Applebees Franchise is a chain of bar and grill restaurants which serve popular American menu including salads, Theyre working very hard at trying to please the guest, much harder than people ever give them credit for, he explains. Kahala began in 1981 with smoothie and juice bar Surf City Squeeze. Thus, the company requires prospective franchisees to have a net worth of at least $3 million for a single store, with $1 million in easily accessible cash, according to theApplebee's website. Regis (which went by the name Kunin Beauty Salon until 1958) operates hair salons under more than 25 brands worldwide. Applebee's Restaurants LLC. As such, we routinely review our restaurant owners contact lists to ensure all franchisee contact information is accurate and up-to-date. To keep tabs on everything, the most sophisticated operators turn to technology. Applebee's is one of the world's largest casual dining brands; as of June 30, 2018, there are more than 1,700 Applebee's franchise restaurants in all 50 states, Puerto Rico, Guam and 13 . The drinks would serve as a loss leader, with customers subsequently upsold towards higher-priced food products. Dine, is the owner of the Applebee's and IHOP names. It reported $1.1 billion in sales from 501 Burger Kings and 240 Popeyes. This web page shows only a small excerpt of our Applebee research. Roark Capital is an investor. For non-personal use or to order multiple copies, please contact as the slogan appears at the bottom right of the screen. [7] As part of the transaction, Bill Palmer was named president of the Applebee's Division, an indirect subsidiary of W. R. Grace and Company. Franchise owners also need to ensure they make back the money on their initial setup costs, whichFranchise Directestimates to be between $2,009,201 and $8,266,730. Applebee's is franchised by subsidiaries of Dine Brands Global Inc. [NYSE: DIN], which is one of the world's largest full-service restaurant companies. The company actually dates back to the founding of Mosquito Joe in 2012. Tony Ressler, Grant Hill, [1] Steven Price, Rick Schnall, Sara Blakely, Jesse Itzler. We have three ideas right now in the hopper.. [12] In 1998, Applebee's opened its 1000th restaurant. Applebees restaurants are owned and operated by entrepreneurs dedicated to more than serving great food, but also building up the communities that we call home. On July 16, 2007, IHOP Corp. announced that it agreed to buy Applebee's International for about $2.1 billion. Rated 5.00 out of 5. This year, the top 200 added 7.2 percent in total units but added 8.4 percent in revenue, showing that with the right system, efficiencies emerge. Jun 2013 - Present9 years 10 months. Get To Know Us Colleges in Europe are generally much less expensive, although going to school there may require a new mind-set. Skip to main Navigation Skip to main Content Skip to Footer. [44] The band's song "Chicken Fried" has also been featured in a Applebee's commercial; in February 2022, Applebee's pulled its advertising from CNN after an incident where an inappropriately timed split-screen commercial break featured live footage of the 2022 Russian Invasion of Ukraine shown alongside the ad. Flynn Restaurant Group reported $1.8 billion from 485 Applebee's, 232 Taco Bells and 97 Panera Bread restaurants. Just Ask Applebee's! Now were the fifth-largest Applebees franchisee in the country all of a sudden, Rolph said. Franchisee Lists are some of the best lead lists you can get your hands on and because there are so many types of franchises in so many different industries and niche markets, no matter what kind of leads your $8,267,250. Since the list began, the internet has transformed restaurant operations. Other brands owned by Dessange include Coiffidis and Phytodess. "Thats where the challenge lies: How do you maintain operating discipline that is critically important to the small and midsize franchiseehow do you avoid losing that culture to a bureaucratic monster you need to run 600 stores," said Chris Kelleher, managing director at Auspex Capital. [42] The character appears in commercials touting Applebee's various specials and stating the new slogan "Together is good" or saying "Get it together, baby!" Created with the merging of Outdoor Living Brands and Lynx Franchising in November 2022. More about Applebee's 17.5 Million. Another 116 words (8 lines of text) covering the years 1300, 1617, 1407, 1397, 1404, 1488 and 1563 are included under the topic Early Applebee History in all our PDF Extended History products and printed products wherever possible. Principal Owner (s) Operating Entities. Guide to Selecting Buying and Owning A Franchise. The key to a strong culture is keeping it like it was when it was small, but with systems. SSCPs Applebees locations now span from California to Virginia, with its Texas home tucked perfectly in between. The company started in 1980 in Decatur, Georgia, as a pub style restaurant Atlanta Hawks. ", From 2012 to 2016 Applebee's aired an advertising campaign focusing on fresh ingredients and new dishes, narrated by Jason Sudeikis, featuring the slogan "See you tomorrow. The type of oversight Tankel maintains might strike some as being excessive, but he says there is no other option. Grace. And at No. Billed as a glimpse into Teslas future, Investor Day was used as an opportunity to spotlight the companys leadership bench. Under his guidance, the Apple Texas brand earned two of the Applebees brands most coveted awards: Applebees Operator of the Year and Marketing Innovator of the Year. Pujas philanthropic efforts have also gone viral on social media platforms including Instagram and Tik Tok. In 1986, the name of the concept was changed to Applebee's Neighborhood Grill & Bar. The winners include: Abe Gustin Franchisee of the Year: The Rose Group This award, in honor of the man who helped Applebee's become one of the nation's most iconic brands in casual dining, recognizes a franchisee that embodies what it means to be Eatin' Good and Doin' Good in the Neighborhood. [41], As part of the company's marketing campaign and slogan, Wanda Sykes was hired in 2007 to voice the chain's new mascot, the Applebee's Apple. "Operations have to be separated as much as possible. Tankel is also a founding director of the Federal Law Enforcement Foundation, a not-for-profit that provides financial assistance to federal and local law enforcement agencies. our Subscriber Agreement and by copyright law. ServiceMaster was originally founded as a moth-proofing company. Rolph and Stevens served on a YMCA board together, and after one meeting, Rolph pulled Stevens aside. That can include work he does for boards on which he sits, including those of Caribbean Restaurants LLC, which owns Burger King franchises in Puerto Rico and Mexico, and Aly Energy, an oilfield services company based in Houston. Hes also a commentator on Fox Business News. For companies that did not respond to our survey, we confirmed the number of units operated by their company, and then estimated the revenue. Applebee's shareholders would receive $25.50 in cash per share, representing a 4.6% premium to the closing price on July 13, 2007. While that seems a small sliver, the group is beating the industry in growth. In 1991, Chilis Inc. was renamed Brinker International. [36][37], In-late 2017, Applebee's began to place an increased focus on promotions involving low-cost cocktails, including a $1 margarita promotion dubbed the "Dollarita" in October, and $1 Long Island iced tea (promoted as "L.I.T.s") in December. Below are 58 of the most well-known franchise parent companies (in alphabetical order) along with which brands fall under their respective umbrellas. TACOS SOLD ANNUALLY . How Much Applebee's Franchise Owners Really Make Per Year. Applebee's Restaurants LLC. 28) have all but proven the model works for brands and investors. Atlanta-based RMH Franchise Holdings Inc. .css-1h1us5y-StyledLink{color:var(--interactive-text-color);-webkit-text-decoration:underline;text-decoration:underline;}.css-1h1us5y-StyledLink:hover{-webkit-text-decoration:none;text-decoration:none;}sought chapter 11 protection in U.S. Bankruptcy Court in Wilmington, Del., listing assets and liabilities each in the range of $100 million to $500 million. While synergies emerge, each brand still has to operate like its own entity. We have compiled lists containing the contact information for each franchise owner that currently owns a reputable franchise in the U.S. Operators across the list keep buying restaurants and becoming more and more efficient. [14][16] A major goal for the new ownership was to revitalize the chain, as well as shift towards a franchise model for the majority of its locations. However, not all of the brands above are actively franchising currently. His family has known Jim Stevens for decades. But afterwards he will often stop by his Applebees locations at 50th Street and Time Squarethe ones that generate the most sales. SSCP and its affiliates also own 46 Sonic Drive-Ins, the Roys Hawaiian Fusion brand and as of earlier this year, the Cicis Pizza brand. Hundreds of New Restaurants Are Opening Every Week. SSCP is a family operated company, led by the father Sunil, son and President Chris Dharod, and daughter Puja, principal and director of SSCP. From inception, as a new restaurateur, you need to be ready to go all in with both feet for a period of some years, he says. The commercials used both the original and new logos.