
DQ Grill & Chill
Food & Beverage · Burgers & Fries
Description
What is DQ Grill & Chill?
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.
- 85 years of proven business success since 1940
- 1,969 active franchise units demonstrating system stability
- 11% above-average revenue performance vs. burgers & fries subsector
- Dual revenue streams from food service and signature frozen treats
- Comprehensive franchisor support across operations, marketing, and training
- Three flexible restaurant models accommodating different market sizes
Location Analysis
Where DQ Grill & Chill wins
The franchise's notable presence in the Midwest leverages the region's established brand recognition and cultural affinity for casual dining establishments. The strong market penetration in Midwestern states demonstrates successful operations in markets with varying seasonal demands, particularly capitalizing on summer ice cream sales while maintaining year-round restaurant operations.
Key expansion opportunities exist in the Southeast and Southwest, where current presence is less saturated. Ideal locations typically include suburban areas with high traffic visibility, proximity to residential neighborhoods, and average household incomes between $45,000-$75,000. The most successful units are often situated on major arterial roads with strong dinner and weekend traffic patterns.
For prospective franchisees, optimal locations should feature lot sizes of 25,000-35,000 square feet, strong vehicle accessibility, and demographics supporting both quick-service dining and dessert occasions. Markets with limited premium burger competition and stable year-round population bases typically show the strongest performance potential.
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Financial Analysis
The numbers behind DQ Grill & Chill
With 1,969 active units and 85 years of operational history since 1940, DQ demonstrates exceptional franchise system maturity and stability. The reported gross revenue of $1.39M exceeds sub-sector averages by approximately 11%, suggesting solid unit-level performance within the established system.
Ideal investors should possess substantial liquid capital and restaurant management experience, given the operational complexity of managing both food service and frozen treat operations. The dual-concept model requires sophisticated supply chain management and specialized equipment maintenance. Multi-unit development opportunities exist across domestic and international markets. Prospective franchisees should carefully review the FDD and conduct thorough due diligence regarding territory rights and operational requirements for this established but capital-intensive franchise system.
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
CRF USA
Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.
First Bank of the Lake
Pension Pros
FDD Item 7
Initial investment range
Per FDD Item 7, total initial investment ranges from $1,516,200 to $2,542,250. The midpoint $2,029,225 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.
FDD Item 19
Average gross sales
According to Item 19 of the Franchise Disclosure Document, DQ Grill & Chill has an average gross revenue of $1M. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)
Growth over time
Franchise footprint
2024 Franchise Disclosure
FDD documents
Below are items 2, 3, 4, 7, 11 and 19 for DQ Grill & Chill's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.
Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.
Buyer FAQs
Frequently asked questions
The initial investment for a DQ Grill & Chill franchise typically ranges between $1,516,200.00 and $2,542,250.00. 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.

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