Applebee's franchisee hires home-office vet to buy co. stores

HARRISON N.Y. Apple-Metro Inc., a 28-unit franchisee of Applebee's International, has hired a former high-ranking official of the franchisor to help in acquiring company-operated locations.

All 508 corporate Applebee's stores would be sold under the strategic plan that Glendale, Calif.-based IHOP Corp. has said it would pursue after buying the casual-dining brand for $2.1 billion. Applebee's, which currently owns or franchises 1,943 stores, has agreed to be pu

Register to view the full article

Register to view this article

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish