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Applebees Ip Llc
The parent company of the brand, see DINE BRANDS GLOBAL
Applebee’s International, Inc., is a company which develops, franchises, and operates the Applebee's Neighborhood Grill and Bar restaurant chain. (Source: www.granted.com)
In April 2011, an investment group led by Stephen J. Block purchased a portfolio of three restaurants located in Olathe, Kansas and Harrisonville and Sedalia, Missouri. Each 5,000 square foot restaurant was leased to Applebee's Corporate on a triple-net basis with more than 17 years remaining on the lease term. (Source: www.blockllc.com)
In April 2011, an investment group led by Stephen J. Block purchased a portfolio of three restaurants located in Olathe, Kansas and Harrisonville and Sedalia, Missouri. Each 5,000 square foot restaurant was leased to Applebee's Corporate on a triple-net basis with more than 17 years remaining on the lease term. (Source: www.blockllc.com)
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As of December 2015, there were 2,033 restaurants operating system-wide in the United States, one U.S. territory (Puerto Rico) and 15 other countries, all owned and operated by franchisees.[2] The company is headquartered in Kansas City, Missouri after moving from Lenexa, Kansas in September 2011.[5] On September 3, 2015, it was announced that DineEquity would be consolidating its headquarters for Applebee's and IHOP to DineEquity's Glendale, California location.[6] As a result, President Steven R. Layt chose not to relocate and resigned effective September 4, 2015.