Want to part it up at Applebees for New Year's Eve? It's going to cost you $375 at the chain's Times Square location near the legendary ball drop.

The family friendly restaurant is known for its two for $20 deal, but prices are going up, way up in Times Square on New Year's Eve. Applebees Times Square is hosting a party with tickets on sale for $375 per person, MarketWatch reports.

The pricey party starts at 8 p.m. and goes on to midnight. It will have an open bar, a DJ, dance floor and party favors. The restaurant is also right in the area where the ball drop is held, so people can walk out to see it.

According to Zane Tankel, who manages all of New York's Applebee's locations, there won't just be a typical Applebees menu. The food will be delectable.
"Some fairly sophisticated culinary people," will be preparing foods like steak and shrimp, Tankel told MarketWatch. "You wouldn't know you were at an Applebee's for that one night."

Kids ages 12 and under can attend the party for $250.

For those who want to see the ball drop, without dropping $350 a person, the Times Square Ball Drop is absolutely free. All other Applebees locations will have standard prices and will have TVS available to watch the ball drop at midnight. There will also be a champagne toast.

Applebees isn't the only one with a high price tag for the party evening. TGI Fridays in Times Square has packages starting at $225 and ranging to $1,095 for a VIP couple's package. Ruby Tuesday's is offering packages from $295-for open bar and passed appetizers only.