Source: Marketwatch.com
IHOP Opens First Location in Ontario, Canada
Brand Continues International Expansion; Four New International Locations Planned for 2008
Last update: 4:05 p.m. EDT Sept. 15, 2008
GLENDALE, CA, Sep 15, 2008 (MARKET WIRE via COMTEX) — IHOP, one of America’s favorite restaurants for breakfast, lunch and dinner, today announced the opening of its first franchise restaurant in Ontario, Canada, extending the iconic fifty-year old brand into a new international region. The first IHOP in Eastern Canada opened in Niagara Falls, Ontario on Sept. 13.
The new restaurant marks IHOP’s 13th location in Canada; there are currently 12 IHOPs throughout the province of British Columbia. Franchisee Pancakes Canada Limited, controlled by long time Ontario restaurant operators the Alfieri Group, opened the restaurant and has an agreement to develop two additional IHOP restaurants over the next five years, including a portion of Niagara Falls and the city of Barrie, Ontario, Canada. Pancakes Canada Limited is a new franchisee to the IHOP system and the Alfieri Group possesses more than 55 years of restaurant operations experience, with successful casual Italian themed restaurant operations also located in Niagara Falls, Ontario. (more…)