Flip’d by IHOP Construction Underway – Source of the Spring

Update, 1/21/2022 1:47 p.m. Flipd by IHOP is slated to open in summer 2022, according to a company representative.

Original story:

Construction is underway at the upcoming Flipd by IHOP location in Downtown Silver Spring, according to a report from The MoCo Show.

We reported last April that Flipd by IHOP, a new fast-casual concept from the chain known for its signature pancakes, will take the place once filled by Asian Bistro, next to Panera at 8537 Georgia Ave.

One of the principals, Sunil Shrestha, also is president ofUniversolutions, LLC, a northern Virginia software developer. The company was primarily a government contractor, but has switched to a focus on restaurants and real estate.

Shrestha and other family members own 10 IHOPs in the region, and operate other franchises, including Dairy Queens, under the umbrella ofNMS Holdings.

Flipd is a new concept started by IHOP, Shrestha said to the Source last April, adding that something is missing from IHOPthe quick service sector.

The concept had been in the works for a couple of years (Flipd was announcedin 2019) and isnow being marketed. Shresthra saw it as a way to fill that missing niche.

Its focus is mainly in the urban concept, where the foot traffic is high, where the office density is high, and where daytime and night population is high, Shrestha said last year. He sees all that in the Silver Spring location.

In addition, his company has had locations on Peterson property in the past, so he was familiar with them; IHOP liked the location as well.

The Flipd menu will include pancakes, breakfast burritos, pancake bowls with a variety of sweet and savory toppings, egg sandwiches, burgers and other sandwiches, salads and grab-and-go items, according to a company announcement. It will target day and night diners.

Its something different from what you see in the market right now in the quick-service sector, Shrestha said last year.

An opening date has not been announced; an IHOP spokesperson said last year that they were targeting a late 2021 opening. Thrillist reported yesterday that Flipd by IHOPs second location opened this week in New York City; the first opened in Lawrence, Kansas last year.

Flipd by IHOP is one of several recent and upcoming restaurant openings in Silver Spring, including The Breakfast Club, Firepan Korean BBQ,J. Hollingers,Dog Haus Biergarten,Popeyes Louisiana Kitchen,Black Lion Caf,Willie Ts Seafood Shack/Be Right Burger,Underground Pizza Company,Kusshi Ko,Miss Toyas Creole House, and theCommas food hall at Ellsworth Place.

Photo by David Lay. Rendering courtesy Sunil Shrestha

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Flip'd by IHOP Construction Underway - Source of the Spring