How Much Does it Cost to Open a Dairy Queen Franchise?

Dairy Queen

There are numerous reasons that people might be interested in starting up a Dairy Queen franchise rather than striking out on their own. For example, a franchisee can use the franchisor’s brand to promote their business, thus sparing them from the expensive and time-consuming process of building up their own brand. Likewise, a franchisee can receive a wide range of support from the franchisor, which can make the start-up process much smoother than otherwise possible. Given said reasons, it is no wonder that people are interested in starting up their own Dairy Queen franchise, though they need to remember that a franchise comes with its costs as well.

What Does It Cost to Start Up a Dairy Queen Franchise?

Interested individuals should know that Dairy Queen is one of the better-known franchises that can be found out there. As a result, there are a lot of people who are interested in starting up a Dairy Queen franchise, which in turn, means that it can be much pickier than its lesser-known counterparts. Due to this, interested individuals should be prepared to pay a great deal of money because a Dairy Queen franchise will not be cheap.

For starters, interested individuals need to have at least $750,000 in net worth. Moreover, they need to have at least $400,000 in liquid capital. As for the franchise fee, interested individuals need to pay $35,000 for a Dairy Queen Grill & Chill, though there is an option of $25,000 for an Orange Julius as well. Of course, franchisees are expected to pay royalties, which are 5 percent of gross receipts for a Dairy Queen Grill & Chill and 4 percent of gross receipts for an Orange Julius. In both cases, the royalties are paid per month.

Of course, that is just the start when it comes the costs of starting up a business. After all, if someone wants to run a restaurant, they are going to need a lot of physical assets, which will range from tools and supplies to equipment and other machines. Moreover, they are going to need a building in which to house their operations, which won’t come cheap to say the least. On top of this, there will be costs for finding the right people to staff a restaurant, getting the right people trained up for their new tasks, and a wide range of other necessities for a start-up. People who want their own Dairy Queen franchise have a huge step-up in this regard because they can get a much clearer picture of what they need to succeed by consulting the franchisor, but at the end of the day, they are still going to need to pay for those things.

Naturally, there are parties out there that have produced various estimates that might interest people looking into a Dairy Queen franchise. However, interested individuals need to remember that said estimates might not reflect their particular situation, seeing as how there can be a lot of variation out there. Still, estimates can be very useful for them to get a general idea of what to expect.

For instance, one estimate suggests that a building with 2,048 square feet capable of seating around 48 individuals at a time will cost somewhere between $900,000 and $1,200,000. Likewise, a building with 2,709 square feet capable of seating around 78 individuals at a time will cost somewhere between $1,080,000 and $1,370,000. This is without considering the various issues that can come up when starting up a business, which is why it is recommended that would-be business owners have more than the bare minimum. Simply speaking, the bigger their war chest, the better their chances of soaking up errors that could cause their operations to crash.

Due to this, people who are looking into a Dairy Queen franchise should consult more resources than just Dairy Queen. Yes, the franchisor can provide them with a lot of useful support, which will increase their chances of success. However, they will still be starting up a new business, which is never a simple and straightforward task even under the best of circumstances. As a result, the more preparation that they put into their ambition, the better their chances of pulling it off, which is critical because the failure rates for new businesses are very high. Still, should they succeed, the rewards can be just as great even if they have to pay royalties to their franchisor.

Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sammy Rubin
10 Things You Didn’t Know About Sammy Rubin
Lenskart
20 Things You Didn’t Know about Lenskart
Maharashtra
The 10 Richest States in India
computer
20 Things You Didn’t Know about Cockroach Labs
Credit Card
10 Reasons We Like The Divvy Business Credit Card
Tesla
The Top Five Stock Picks Targeted at Climate Change
Credit Card
The 20 Best Travel Credit Cards of 2021
Wine
20 Things You Didn’t Know About Vinovest
10 Reasons to Check Out the Red Barn Flea Market
LaGuardia
LaGuardia Airport is Getting a $2.1 Billion Upgrade
Expect Challenges when Flying Internationally in the COVID-Era
Oldsmar Flea Market
10 Reasons to Visit the Oldsmar Flea Market
What is an Interference Engine and What is it Used For?
Volkswagen Passat…Chattanooga, Tennessee
Why Volkswagen Stopped Producing the Passat in the U.S
A Closer Look at Aston Martin’s Valhalla Supercar
Does Peugeot Still Make the 308?
Seven Fridays
A Closer Look at the SevenFriday’s P1C/04 Caipi Watch
Doxa Sub 200 Whitepearl
A Closer Look at the The Doxa Sub 200 Whitepearl
Montblanc Summit
A Closer Look at the Montblanc Summit Lite Smrt
Nintendo-Tag Heuer Collaboration Watch
A Closer Look at the Nintendo-Tag Heuer Collaboration Watch
Herb Dean
How Herb Dean Achieved a Net Worth of $1.5 Million
Jason Newsted
How Jason Newsted Achieved a Net Worth of $60 Million
Sarkodie
The 10 Richest Rappers in Africa
Wiz Khalifa
The 10 Richest People in North Dakota