Many Applebee's and IHOP Restaurants Will Be Closing

If you are a frequent Applebee's and IHOP customer, you'll be disappointed to find out that you'll be seeing less of these two well- known food chain restaurants.

There will be less comfort food restaurants and more fast- casual ethnic, healthy restaurants instead.

60 to 80 Applebee's and 30 to 40 more IHOP's will be closing down.

Dine Brands Global wants to acquire and grow small chains in the hot- fast casual segments that offers healthy foods.

They expect to spend as much as $100 million on its first acquisition near the end of 2018 or early 2019.

Sponsored Content

Sponsored Content