IHOP, formerly known as The International House of Pancakes, is a United Statesbased restaurant chain that specializes in breakfast foods. It is owned by DineEquity, with 99% of the restaurants run by independent franchisees. While IHOP's focus is on breakfast foods such as pancakes, French toast and omelettes, it also offers a menu of lunch and dinner items. The appellation 'International' has always referred to the fact that the chain offers different styles of pancake from around the world, and it had no actual international presence beyond its 1500 locations across the Americas until August 2012, when it opened its first franchise in Dubai as part of a major expansion into the Middle East restaurant market. Jerry Lapin, Al Lapin, and Albert Kallis founded IHOP in 1958 with the help of Sherwood Rosenberg and William Kaye. The first restaurant opened on July 7, 1958 at 4301 Riverside Drive in Toluca Lake, Los Angeles, California.