Applebee's Franchise Review 2026: Ratings & Verdict

Product details

Product details

Contents

Key facts


The Verdict

Quick Verdict · who it fits

Applebee's Franchisor LLC fits first-time franchise buyers looking for a mature food & beverage concept.

✓ Strengths

Key FDD Facts

The numbers a buyer needs first — straight from the filing.

Initial investment (Item 7)

$617K - $5.8M

Franchise fee (Item 5)

$35K

Royalty (Item 6)

4% + 3.25–4.25% ad

Item 19 median rev

$2.82M

System size (Item 20)

1,460 +9

Years in business

12+ yrs

Company-owned units

59

Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.

What you'd pay the franchisor

Drag to your projected annual sales. Royalty 4% + ad fund 3.25–4.25% on gross sales.

PROJECTED ANNUAL SALES$2,820,000

$100k$5.1M

Royalty (4%)

Ad fund (3.25–4.25%)

Total / year

▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration

Executive Summary

Free AI summary — the first read on the filing.

Key Numbers

1,480

Total units open

9

Units opened last year

33

Units closed last year

-32

Net unit growth

AI Due Diligence Findings PREMIUM

What our analysis flagged across the 2026 filing.

5

Risks to review

4

Strengths identified

5

Questions to ask

Industry Benchmarks

How Applebee's ranks against 561 Food & Beverage peers we've analyzed.

Initial investment

75th pct · of 561 peers

Franchise fee

37th pct · of 561 peers

System size

94th pct · of 561 peers

Food & Beverage industry averages

Avg investment

$594K - $1.4M

Avg franchise fee

$44K

Avg system size

346

Franchises analyzed

561

How Applebee's stacks up

Closest concepts by category and investment.

Brand Item 19 Fee Investment Royalty Units
Applebee's Disclosed $35K $617K - $5.8M 4% 1,460
Chicago's Original Italian BeefSimilar price Disclosed $40K $3.9M - $5.8M 4% 1
Doctor's AssociatesBiggest system Disclosed $15K $227K - $630K 8% 18,773
Vintage Hospitality GroupTop-rated in category Disclosed $50K $3.5M - $6.4M 5.5% 33

Compare side-by-side ↗

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Frequently Asked Questions

How much does a Applebee's Franchisor LLC franchise cost?

Applebee's Franchisor LLC requires a $35,000 initial franchise fee and a total initial investment range of $616,682–$5,822,933, per the most recent FDD on file.

Does Applebee's Franchisor LLC disclose financial performance (Item 19)?

Yes. Applebee's Franchisor LLC discloses Item 19 financial performance representations with reported revenue around $2,822,904. See the financials sub-page for the full distribution.

What ongoing fees does Applebee's Franchisor LLC charge?

Franchisees pay a royalty of 4% and an advertising fund contribution of 3.25% to 4.25% on gross sales as defined in Item 6 of the FDD.

How many Applebee's Franchisor LLC locations are there?

As of their 2026 FDD, Applebee's Franchisor LLC has 1,460 total locations, with 9 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.

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