GLENDALE, Calif. – Dine Brands International, parent company of IHOP, signed an agreement with Minhas Holdings to bring 15 new IHOP restaurants to the greater Toronto area.
The new locations will open over seven years, with the first location expected to open by mid-2020. Combined, the new IHOP restaurants are expected to generate C$15 million ($11.4 million) in construction projects and create approximately 900 jobs.
“IHOP is a strong brand with a huge fan base around the world, and we are excited to expand its presence in Canada,” said Saeed Minhas, CEO of Minhas Holdings. “We can’t wait for guests in the Greater Toronto Area to experience the brand’s warm hospitality and commitment to quality in its breakfast, lunch, and dinner menu offerings.”
Dine Brands also announced a five-restaurant agreement in the Atlantic provinces with the first IHOP location expected to open in Moncton, New Brunswick, Canada, in December of this year.
“Canada was the first international market we opened for IHOP back in 1969, making this year our 50th anniversary in the country,” said Steve Joyce, CEO, Dine Brands Global. “Canada continues to be a key market in our international development and growth strategy.”