Dine Brands Global owns and franchises three restaurant concepts: IHOP, a full-service family dining chain; Applebee's Neighborhood Grill + Bar, a casual dining chain; and Fuzzy's Taco Shop, a fast-casual concept. The company generates revenues primarily through franchise royalties and advertising fees paid by independent franchisees, supplemented by direct revenues from company-owned restaurants and lease income from properties operated under legacy business models. The franchised model allows the company to operate a large portfolio across these three brands with limited direct ownership, competing in their respective dining categories against other national and regional chains.