Dine Brands Global is considering an Applebee’s and IHOP combination, according to an earnings call on February 28.
Dine Brands is the parent company of both restaurant chains.
Because of the cost to build an Applebee’s, Dine Brands is “assembling a prototype” for another option.
The revenue for the joint restaurants could double that of the standalone restaurants, the company said in the earnings call.
Combination locations allowed these restaurants, such as Auntie Anne’s and Cinnabon, to expand past malls and into busier streetside spots.
Persons:
New York CNN —, Anne’s, Applebee’s, Paul Weaver, Carvel, Auntie Anne’s, ”, Brian Krause, John Peyton, Peyton
Organizations:
New, New York CNN, Bell, KFC, Dine, Dine Brands, AP, Focus Brands, Brands
Locations:
New York, Susquehanna, Selinsgrove , Pennsylvania, Cinnabon, Leon , Mexico, Mexico