A large IHOP franchisee has closed several locations including at least six in metro Atlanta. The group, Alliance Pancake Partners, LLC, is "based" in Delaware, carries a Sunrise, Florida address, but in reality is owned by Atlanta-based Argonne Capital Group in Buckhead. According to the firm's website, "Argonne is the largest franchisee of IHOP with nearly 300 restaurants across four partnerships." The six known Atlanta area locations the group has closed are all located in the northern suburbs and include those in Norcross, Alpharetta, Roswell, Duluth, Lawrenceville and Lilburn.
6125 Peachtree Parkway - Norcross
870 N. Main Street - Alpharetta
10686 Alpharetta Highway - Roswell
11720 Medlock Bridge Road - Duluth
955 Lawrenceville Suwanee Road - Lawrenceville
4018 Lawrenceville Highway - Lilburn
None of the aforementioned locations are in any way marked "closed" on the IHOP website, but all show "Online Ordering Unavailable," and calls to each are met with disconnected phone lines. In addition, the Roswell location sports a "For Lease" sign in their front lawn.
IHOP, one half of Glendale, California-based Dine Brands Global Inc., includes some 1,800 locations worldwide. Argonne, through various partnerships, operates several hundred IHOP locations including those in Atlanta as well as units in Alabama, North Carolina, South Carolina, Virginia and Tennessee, among other markets, according to online records. Several other closures in markets in which Alliance has units have also reportedly taken place over the past few weeks.
Breakfast restaurants have been hit especially hard by COVID-19 with dozens of Waffle House restaurants still closed [likely permanently], and others like locally-owned Goldberg's Bagel & Deli experiencing regularly slower than typical days.
A separate IHOP franchise group, TUJO Restaurant Group, LLC, which reportedly operates sixteen IHOP restaurants in the greater Atlanta area, is no longer moving forward with their previously announced Flip'd by IHOP concept at Atlantic Station. The new concept, which was to be the first of several, was to open in place of Land of a Thousand Hills coffee shop at the mixed-use project, but long past its planned April debut, ToNeTo Atlanta learned that a corporate directive has led to future development of the planned quick-serve concept to be halted indefinitely.
John Merkin, Chief Operating Officer of TUJO, previously worked at Dine Brands [then known as DineEquity] and was IHOP's Senior Vice President (SVP) Operations from late 2013 until early 2015, according to his LinkedIn profile. He became COO of TUJO in late 2018.
"IHOP Express," which opened in 2013 in the T Gates concourse at Hartsfield-Jackson Atlanta International Airport and is similar to Flip'd, appears to be closed for now.
Following the closures, there will still be several IHOP restaurants in metro Atlanta including locations in Chamblee, Marietta, Smyrna, Hapeville, Tucker, Kennesaw, and on Clairmont Road near Sagamore Hills, among others.
Are you surprised by the multiple IHOP closures in metro Atlanta? What is your favorite breakfast concept? When was the last you dined-in for breakfast at a restaurant in Atlanta?
Please share your thoughts below.