Change in Units
+2.2% +143 UNITS (1 Year)
+4.6% +300 UNITS (3 Years)
Learn how to invest your IRA or 401k into a franchise. ($50k min)
1944 (72 Years)
7505 Metro Blvd. Minneapolis, MN 55439-0286
About Dairy Queen
Ice cream manufacturer J.F. McCullough was experimenting with a recipe for a new frozen dairy product, stemming from his belief that ice cream tasted better when it was soft and served fresh from the freezer, not frozen solid. With his recipe perfected, McCullough and his son, Alex, convinced one of their customers to hold an introductory sale of the new soft ice cream, and more than 1,600 people showed up to try it.
Based on that initial success, the McCulloughs opened the first Dairy Queen location in 1940 in Joliet, Illinois. The first stores sold only soft-serve ice cream--in sundaes, take-home pints and quarts, and cones--but over the years, a variety of ice cream treats were added to the menu, such as banana splits and Dilly Bars.
In the 1950s, some Dairy Queens began serving hot food items. Today, stores system wide have menus that include hot dogs, hamburgers and chicken strips through Dairy Queen's Grill & Chill concept. The company also offers a DQ Treat concept that offers both Dairy Queen's frozen treats and the sister company's fruit drinks and smoothies.
$361,450 - $1,835,825
Liquid Cash Requirement
Initial Franchise Fee
$25,000 - $35,000
Dairy Queen has relationships with third-party sources which offer financing to cover the following:
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Franchise 500® Rank History
No historical data available.
Highest Rank: 16
Lowest Rank: 58
* Not all years were ranked
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
Operations & Franchisor Support
Training Onsite: 33 days
Additional Training: At existing DQ store
Absentee Ownership Allowed
Number of employees required to run: 20 - 100
The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 7th, 2016
Reprints & Licensing
Update Your Listing
Submit New Listing