Interested in Purchasing a Applebee's Property for
Investment?
If you wish to purchase a Applebee's property for
investment, please email info@nnndeals.com; We have access to an extensive
inventory of triple net Applebee's properties for sale in Washington DC, Maryland, Virginia and the entire United
States.
About Applebee's :
Applebee’s International, Inc. is a United States company which develops, franchises, and operates the Applebee's Neighborhood Grill and
Bar restaurant chain. As of November 25, 2007, there were 1,965
restaurants operating system-wide in all 50 states, 17 countries, and one U.S.
territory.
The Applebee's concept focuses on
casual dining with mainstream American dishes such as salads, shrimp, chicken, pasta, and
"riblets" (which is
considered Applebee's signature item). All Applebee's restaurants feature a bar area and
serve alcoholic beverages( except where prohibited by
law).
In November
2007,IHOP announced that it had completed a $1.9 billion purchase of the Applebee's
chain.[2] The Applebee's chain
was started by Bill and T.J. Palmer who opened their first restaurant, T.J. Applebee’s Rx for Edibles &
Elixirs, in Decatur, Georgia on January 1, 1980. After opening their second restaurant the pair
sold their company to W. R. Grace and Company in 1983. As part of the transaction, Bill Palmer was named president
of the Applebee's Division an indirect subsidiary of W. R. Grace and Company. In that capacity, Palmer guided the
operation from its entrepreneurial beginnings to a full-fledged franchise system. He became an Applebee's
franchisee in 1985 and today owns more than three dozen Applebee's restaurants.
Applebee's Properties For Sale Across the United States:
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