©2014 Applebee`s International, Inc.
Transcription
©2014 Applebee`s International, Inc.
©2014 Applebee’s International, Inc. WELCOME, AND CONGRATULATIONS ON YOUR INTEREST IN BECOMING A MEMBER JULIA A. STEWART, CHAIRMAN AND CHIEF EXECUTIVE OFFICER, DINEEQUITY OF THE APPLEBEE’S FAMILY, AND ONE OF A GROUP THAT INCLUDES THE FINEST FRANCHISEES IN THE RESTAURANT INDUSTRY. Applebee’s, which has in 35 years established the model for casual dining, together with IHOP comprise DineEquity, one of the world’s largest full-service restaurant companies. As a 99% franchise-owned system, we have a unique understanding of what it takes to succeed in a competitive marketplace—anywhere in the world— and we take our obligation to our franchisees and our iconic brands seriously. As part of that obligation and commitment to the brand and our partners, we consider it a great compliment when successful, smart business owners like you express a desire to be a part of this exclusive group. The iconic nature of Applebee’s is built on success, driven by a menu of craveable, classic dishes, unbeatable service and a one-of-a-kind dining experience. As the leading casual dining brand in the United States, we are very excited to continue Applebee’s growth throughout the world through partnerships with people like you, and we have developed a world-class team of professionals to lead our international expansion. Because of the expertise and track record of our team, and our category leading brands, we are fortunate to receive inquiries from the very best operators, and at this time are happy to share that this rare chance exists in key markets throughout the world. Our dedicated International leadership team includes individuals from thirteen different countries with fluency in 11 different languages, and extensive international experience in marketing, finance, development, culinary innovation and operations. Additionally, they UNDERSTAND international franchising and international franchisees, a valuable asset in growing YOUR business. WITH NEARLY 2,000 APPLEBEE’S AND 1,600 IHOP LOCATIONS WORLDWIDE, WE’RE DELIGHTED YOU ARE INTERESTED IN LEARNING MORE ABOUT THE OPPORTUNITY TO BECOME A LONG-TERM PARTNER TO HELP US GROW THOSE NUMBERS. I INVITE YOU TO EXPLORE THE WEBSITE, AND TO LEARN MORE ABOUT IHOP AND DINEEQUITY, WHICH IS TRADED ON THE NEW YORK STOCK EXCHANGE UNDER THE SYMBOL DIN. 4 5 ANNUAL REPORTS, FRANCHISE TIMES “TOP 200 FRANCHISE SYSTEMS” 2012 2,034 RESTAURANTS 1,581 RESTAURANTS 902 RESTAURANTS 850 RESTAURANTS 6 7 ESTABLISHED IN 1980, APPLEBEE'S WAS ONE OF THE FIRST U.S. CASUAL DINING BRANDS AND WE REMAIN THE BIGGEST. We have been international for a long time, and intend to keep growing. We consist of dedicated, international veterans from many countries, who have opened many restaurants in many markets. We love our American roots, but we understand the realities of the international marketplace. As the global middle class continues to grow, we expect casual dining to keep growing; together with talented local partners we look forward to making great things happen! SOUTHWEST CHICKEN PANINI 8 9 1996 2004 819 APPLEBEE’S RESTAURANTS OPERATE IN 45 STATES, CANADA, AND THE CARIBBEAN. APPLEBEE’S GAINS SALES BY ROLLING OUT CARSIDE TO GO® PICKUP SERVICE. BILL AND TJ PALMER OPEN T.J. APPLEBEE’S RX FOR EDIBLES & ELIXIRS,® IN ATLANTA, GEORGIA. 1998 1985 2005 APPLEBEE’S OPENS ITS 1,000TH RESTAURANT IN AURORA, COLORADO. BILL PALMER, PRINCIPAL OWNER OF CAFÉ VENTURES, BECOMES AN APPLEBEE’S FRANCHISEE. APPLEBEE’S EXPANDS INTERNATIONAL GROWTH TO BRAZIL, CHILE, AND JORDAN. APPLEBEE’S IS RECOGNIZED BY IR MAGAZINE FOR ITS EXCELLENCE IN INVESTOR RELATIONS. 2000 1986 APPLEBEE’S SERVICES, INC. IS PURCHASED IN NOVEMBER BY IHOP CORP., LED BY JULIA STEWART, CREATING THE LARGEST FULL-SERVICE RESTAURANT COMPANY IN THE WORLD. 1998 1989 APPLEBEE’S INTERNATIONAL, INC., (A.I.I.) COMPLETES AN INITIAL PUBLIC OFFERING OF COMMON STOCK UNDER THE SYMBOL APPB AND OPENS ITS 100TH RESTAURANT IN NASHVILLE, TENNESSEE. 1980 2007 APPLEBEE’S INTRODUCES A NEW MENU AND THE NUMBER OF RESTAURANTS CLIMBS OVER 1,250. APPLEBEE’S EXPANDS INTERNATIONAL DEVELOPMENT BY OPENING RESTAURANTS IN LATIN AMERICA AND THE MIDDLE EAST. THE NAME IS CHANGED TO APPLEBEE’S NEIGHBORHOOD GRILL & BAR. ABE GUSTIN AND JOHN HAMRA OF KANSAS CITY OPEN THEIR FIRST APPLEBEE’S FRANCHISE RESTAURANT IN KANSAS CITY. 2008 2002 1995 APPLEBEE’S, ALONG WITH IHOP, BECOMES PART OF DINEEQUITY, INC. (NYSE: DIN) BEHIND THE TAGLINE ‘GREAT FRANCHISEES. GREAT BRANDS'®. THE HEIDI FUND IS ESTABLISHED, IN HONOR OF A KANSAS CITY SERVER, TO FINANCIALLY HELP APPLEBEE’S ASSOCIATES WHO SUFFER CATASTROPHIC LIFE-CHANGING EVENTS. AND CELEBRATES THEIR 1,500TH RESTAURANT OPENING. THERE ARE MORE THAN 500 APPLEBEE’S. 2010 1989 APPLEBEE’S INTRODUCES A NEW MENU AND THE NUMBER OF RESTAURANTS CLIMBS OVER 1,250. APPLEBEE’S EXPANDS INTERNATIONAL DEVELOPMENT BY OPENING RESTAURANTS IN LATIN AMERICA AND THE MIDDLE EAST. 1980 10 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 11 CANADA EGYPT MEXICO BRAZIL PUERTO RICO CHILE SAUDI ARABIA COSTA RICA DOMINICAN REPUBLIC GUATEMALA KUWAIT HONDURAS QATAR GUAM 2014 U.A.E INDONESIA 2014 JORDAN SINGAPORE 2015 INTERNATIONAL 12 13 We are all about the food! Our team of experienced corporate research chefs is relentlessly focused on food innovation; they bring the best of flavor and food trends from all over America and the world to our guests. Our guests are loyal and visit us often; we need to make sure that we always have something new! 14 Our state of the art R&D and bar facilities make it possible for us to maintain a constant pipeline of product news, and maintain a fresh, competitive, and relevant menu. Our international team has their own, dedicated international chef who can adapt American favorites to address regional taste preferences and flavor profiles. 15 WE COLLABORATE AND BUILD TRUST THROUGH OPEN, HONEST COMMUNICATION. 1980 - Present THE WAY THAT PEOPLE EAT, ALL OVER THE WORLD, IS CHANGING. People expect constant innovation and high quality. They are increasingly concerned about health and wellness. They are more open and interested in international flavors and foods. We work hard to stay ahead of the curve, to stay relevant, and to meet the needs of our guests, wherever they may be. fresh flavors 16 ASIAN CHOPPED CHICKEN SALAD 17 Whether refreshing teas, mocktails, or bar innovations, our creativity isn't just limited to the kitchen. Our customers love our beverages, and our franchisees love the incremental business. SKINNYBEE AND PERFECT MARGARITA 18 19 We take the best in American food and beverage favorites and make them accessible to all, while innovating to reflect the evolving tastes of our customers. 20 AVOCADO BURGER 21 AJUA BURGER 22 23 SMOKY CHEESE BACON BURGER PORTOBELLO BURGER 24 NEW ORLEANS BURGER CHILI BURGER 25 GRILLED SHRIMP SCAMPI WITH ISLAND RICE 26 27 STEAK PIZZAIOLI SIZZLING DOUBLE BARREL WHISKY SIRLOIN 28 RIBS + COLE SLAW + FRENCH FRIES SIZZLING CHICKEN AND QUESO 29 PERFECT POMEGRANATE MARGARITA 30 BREWTUS®, LONG ISLAND, MARGARITA 31 PERFECT MARGARITA, BERRY SANGRIA, SUMMER SQUEEZE 32 33 OUR FRANCHISE QUALIFICATIONS We prefer franchisees who have multi unit experience with restaurants, as they tend to be able to develop better and faster. Experience in real estate development and supply chain are particularly important. We typically require at a minimum 3 restaurants over 3 years; this requires a minimum of USD $1MM in cash or liquid assets, plus substantial net worth, typically USD $1MM per restaurant. 34 In addition to a standard application form, we will require completion of a professional level business plan. This helps us understand the overall opportunity, the capability of the franchisee, and the overall stability of the venture; we are committed to successful, long term commercial relationships and the best basis for this relationship is a thoughtful and profitable plan. Is committed to a long term franchise relationship built on trust and respect Infrastructure dedicated to the development of our brand Knows how to build a brand Has material liquidity and net worth, with access to capital Understands that accessible pricing and value are core components of casual dining Is highly commercial, particularly in critical areas like supply chain, quality assurance, real estate development, and marketing Has a track record of developing multi unit restaurant systems 35 36 01 Franchise Inquiry/Contact 02 Application Form 03 Exploratory Discussion with dineequity 04 Non disclosure agreement 05 Term sheet 06 Market visit + business plan 07 Franchisor due diligence/background checks 08 Franchisee visits us hq/leadership team approval 09 Contract execution 10 Training/open SUPPORT SITE SELECTION MARKETING ARCHITECTURE AND DESIGN RESEARCH AND DEVELOPMENT RESTAURANT OPERATIONS FOOD INNOVATION TRAINING OPENING SUPPLY CHAIN ONGOING ASSISTANCE 37 Our RESTAURANTS Typically 300 to 450 square meters Typically 140 to 180 seats Will consider smaller formats in some circumstances Shopping centre, inline endcap and free standing sites 38 39 GALERIAS HIPODROMO TIJUANA, MEXICO TIME SQUARE NEW YORK CITY TIMES SQUARE NYC Most guests are from within a 5-10 square kilometers radius Tend to be more about convenience rather than a destination 40 Our international restaurants are typically in shopping malls or stand alone/end cap. We like high traffic malls with 100M+ gross leased area and 10MM+ annual footfall We like lots of frontage and exterior access We should be close to residential areas, with retail and office business close by. 41 UAE MUSHRIF + AL AIN MALLS 42 QATAR VILLAGGIO MALL 43 BRAZIL PADRE CHAGAS 44 COSTA RICA LINDORA 45 COASTA RICA LA BANDERA 46 PUERTO RICO LAS AMERICAS 47 FEATURING MODERATELY PRICED, HIGH-QUALITY FOOD AND BEVERAGE ITEMS, TABLE SERVICE AND COMFORTABLE ATMOSPHERE. 48 49 50 51 52 53 54 55 56 57 FOR MORE INFORMATION ON BECOMING A FRANCHISEE CONTACT: CHRIS WREN Executive Director, International Development Applebee’s + IHOP + chris.wren@dineequity.com + 18186373132 DAN SMITH Applebee's Media Contact + dansmith@applebees.com + 19138900370 APPLEBEES.COM/INTERNATIONAL 58 59 smile 60 61 laugh 62 63