Sunday, July 12, 2020

[EXCLUSIVE] IHOP Franchisee Shutters Six Suburban Spots, New Concept Shelved at Atlantic Station

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 Peachtree Corners, Alpharetta, Roswell, Duluth, Lawrenceville and Lilburn. 
Specifically, the closures in metro Atlanta include the following locations:

6125 Peachtree Parkway - Peachtree Corners (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.  


Anonymous said...

Hey Eli. In my travels I noticed that several enterprise Rent-A-Car locations are completely shuttered, with the signs removed. Starting with Buford highway, PIB, And Roswell Road. Also mattress firm at Sandy Springs Prado completely disappeared like overnight, the main red lit signage is even removed And the space is empty however a little sign on the door says we’re only temporary closed. How ridiculous because it’s clear they are out for good. First walk on Buhi Across from North East Plaza has been there is family owned over 30 years with a really great following. It appears they are out of business and have closed permanently. Dunwoody diamonds is out of business on Ashford Dunwoody next to Chili’s and Memphis barbecue. The Burgerim across the street at Walmart center finally closed. I think you’ve reported extensively on burgerim but I think at that time Dunwoody was still open. Elevated CrossFit on clairmont at Buford highway next to smoothie king is completely shuttered with a for rent sign in the window. Hong Kong Chinese restaurant across the street next to aldi also had a great following and appears to be permanently closed. We love your blog. We love your reporting. You are the best in the business. Thank you Eli for many years of reading enjoyment.

Anonymous said...

These are temporary Closures - All these IHOP will reopen very soon

Anonymous said...

IHOPs are temporarily closed. Will reopen in August.

Anonymous said...

My father used to take me to the Alpharetta Hwy. location when I was a child. A couple of years ago while visiting I took my son there. I'm glad I was able to before it closed.

Did the same thing with the Varsity.

Anonymous said...

The "Norcross" store is in PEACHTREE CORNERS

Jodyml813 said...

The Johns Creek location on Medlock Bridge is also permanently closed.

Related Posts Plugin for WordPress, Blogger...