=+IHOP Corp. franchises breakfast-oriented restaurants throughout North America. The average development costs for a new restaurant were

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=+IHOP Corp. franchises breakfast-oriented restaurants throughout North America. The average development costs for a new restaurant were reported by IHOP as follows:

Land $ 667,000 Building 800,000 Equipment 341,000 Site improvements 185,000 Total $1,993,000 Capital Investment Analysis 597

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