Dairy Queen Treats

Dairy Queen Treats

Information based on 2024 FDD

Food & Beverage · Desserts

Investment min
$549K
Total: $549K–$1M
Avg gross revenue
N/A
Unit-level, 2024
Franchise fee
$25K
Per current disclosure
Royalty
5%
of gross revenue
Locations
748
Franchising since 1940

Description

What is Dairy Queen Treats?

Dairy Queen® (DQ®), established in 1940 in Joliet, Illinois, is a leading quick-service restaurant brand renowned for its signature soft-serve treats and classic fast-food offerings. With a rich history spanning over eight decades, DQ has expanded to more than 6,800 locations worldwide, delighting customers with favorites like the iconic Blizzard® Treat, Dilly® Bar, and a variety of burgers and hot dogs.

As a subsidiary of Berkshire Hathaway Inc., Dairy Queen continues to innovate while maintaining its commitment to creating positive memories for all who interact with the brand. In April 2024, the company appointed Gregg Benvenuto as Vice President of Franchise Development for the U.S. and Canada, signaling a renewed focus on franchise growth and development. Dairy Queen's dedication to quality, customer satisfaction, and community engagement has solidified its position as a beloved brand in the quick-service restaurant industry.

  • 83 years proven business model since 1940
  • 748 active franchise units
  • World famous DQ treats and soft-serve
  • Comprehensive franchise support system
  • Multiple restaurant format options available
  • Established desserts market leader

Location Analysis

Where Dairy Queen Treats wins

Dairy Queen Treats maintains a strategic presence across multiple states, showing strong concentration in the Northeast and select Southern markets. The franchise has notable market penetration in key states including New Jersey, Texas, and Maryland, with significant presence throughout Virginia and New York. This regional distribution suggests successful market penetration in high-traffic, suburban areas with diverse demographic profiles.

Customer satisfaction metrics are solid, with an average rating of 4.09 across numerous customer reviews, indicating consistent service quality and strong brand recognition. The sample location in White Marsh Mall, Baltimore, demonstrates the franchise's success in high-foot-traffic retail environments, achieving an exceptional rating.

The franchise shows particular strength in markets with high population density and moderate to high household incomes, especially in Northeast corridor states. This positioning suggests optimal performance in suburban retail clusters and shopping centers. Significant growth opportunities exist in untapped markets, particularly in regions with similar demographic profiles and established retail infrastructure.

Ideal locations should prioritize areas with: high foot traffic, proximity to complementary retail, strong household incomes, and dense suburban populations. The concentration of successful units in mall locations and retail corridors suggests these environments provide the best performance metrics for new franchisees.
Total US locations
748
Franchise units
748
Corporate locations
0
Avg. sq. footage
N/A

Loading map...

Territory check

Is your territory available?

Let's find out.

try

We'll take you through a few quick questions, then Dairy Queen Treats confirms availability directly.

Availability

Financial Analysis

The numbers behind Dairy Queen Treats

Avg gross revenueN/A
Investment range$549,100 – $1,057,700
Investment midpoint$803,400
Brand fund5% - 6%
Royalty5%
Franchise fee$25,000
Min. net worth
Min. liquid capital
Dairy Queen Treats requires a substantial investment of $549,100 to $1,057,700, positioning it as a premium franchise opportunity in the desserts sub-sector. This investment range significantly exceeds the sub-sector averages of $296,855 to $591,723, reflecting the brand's established market position and comprehensive operational infrastructure. The higher capital requirements typically include equipment, build-out costs, initial inventory, and working capital for the specialized soft-serve equipment and kitchen facilities.

The ice cream and desserts market benefits from consistent consumer demand across economic cycles, with frozen treats maintaining appeal as affordable indulgences. However, seasonal fluctuations and weather dependency can impact performance, particularly in northern markets. The sector faces increasing competition from artisanal ice cream shops and alternative dessert concepts.

With 748 units and 83 years in business since 1940, Dairy Queen demonstrates exceptional franchise system maturity and operational stability. This extensive operational history provides franchisees with proven systems and comprehensive support infrastructure. Note that revenue data is not available for this franchise format, preventing direct comparison to the sub-sector average revenue of $414,337.

The investment suits experienced operators with substantial liquid capital, ideally $300,000-400,000 in available funds. Multi-unit development opportunities exist for qualified investors seeking portfolio expansion. Location selection proves critical, with high-traffic areas and family-oriented demographics optimal for success.
Did you know? Starting your own Dairy Queen Treats franchise - featuring the beloved Blizzards, ice cream cakes, and frozen treats that have made DQ a household name for over 80 years - requires a total investment between $549,100 and $1,057,700, which includes the $25,000 franchise fee plus all equipment, buildout, and working capital needed to bring this iconic dessert destination to your community.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$549K–$1M
Most common
$549,100
Minimum
$803,400
Midpoint
$1,057,700
Maximum

Per FDD Item 7, total initial investment ranges from $549,100 to $1,057,700. The midpoint $803,400 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

Growth over time

Franchise footprint

-5% YoY
1,0008006004002000
2019
2020
2021
2022
2023
2024
748 units open as of 2024 FDD-41 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Dairy Queen Treats's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Dairy Queen Treats franchise typically ranges between $549,100.00 and $1,057,700.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Dairy Queen Treats
Dairy Queen Treats
N/A avg revenue · 748+ US franchises

Franchises for you

Other brands in the same vertical and investment band — recommendations based on what you've explored.

Spotlight

Franchisor Image
Franzy Verified

Lee's Famous Recipe Chicken

Food & Beverage

Gross Revenue$2,172,042
Min Investment$850,000
Founded1966
Franchise Units94+

Spotlight

Franchisor Image
Franzy Verified

Frios Gourmet Pops

Food & Beverage

Gross RevenueN/A
Min Investment$64,584
Founded2018
Franchise Units115+
Franchisor Image
Franzy Verified

Clusters Handcrafted Popcorn

Food & Beverage

Gross Revenue$274,576
Min Investment$170,800
Founded2017
Franchise Units5+
Franchisor Image
Franzy Verified

Tea Bar - Mobile Unit

Food & Beverage

Gross RevenueN/A
Min Investment$95,000
Founded2014
Franchise UnitsN/A
Franchisor Image
Franzy Verified

Tea Bar

Food & Beverage

Gross RevenueN/A
Min Investment$266,037
Founded2014
Franchise UnitsN/A
Franchisor Image
Franzy Verified

3Natives Acai Cafe

Food & Beverage

Gross Revenue$947,071
Min Investment$310,000
Founded2013
Franchise Units42+
Franchisor Image
Franzy Verified

Goodness Bowls

Food & Beverage

Gross RevenueN/A
Min Investment$325,119
Founded2019
Franchise Units5+
Franchisor Image
Franzy Verified

Breadless

Food & Beverage

Gross RevenueN/A
Min Investment$439,202
Founded2025
Franchise UnitsN/A