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SUBJECT DOSSIER · FDD 2026

Dairy Queen Franchise

Cost, fees, owner earnings, closure rate and litigation for a Dairy Queen franchise — pulled from the franchisor's own public FDD (2026), not its sales material.

Bakery, Dessert & Ice Cream · disclosure-honesty grade · from public state filings
GRADE D · WEAK DISCLOSURE

Disclosure honesty

D
Transparency 2 / 5

Dairy Queen discloses earnings (Item 19) — but the grade is how honestly. We graded it D.

Outlets74
Disclosed lawsuits4
Closure signals0 ceased
Investment
$623,000–$2,782,200
Total fees
7% of sales
Outlets
74
Closure signals
0 ceased, 0 terminated
Lawsuits
4
◢ FINDINGS
ITEM 19
Grade D disclosure
The disclosed numbers are incomplete or framed to look better than an owner's real take-home.
ITEM 03
4 legal matters disclosed
Litigation in Item 3 signals how the franchisor treats its franchisees.

What their own earnings claim actually says

Discloses only gross sales (high/low/avg/median) for 40 freestanding DQ Grill & Chill in MT/ND 2024. Excludes treat stores, mall/strip locations, seasonal units. No profitability, no expenses, no owner income data provided.

What a Dairy Queen franchise actually costs to run

FeeDisclosedWhere it comes from
Initial franchise fee$25,000Item 5 — paid up front, before you open
Royalty4% of gross salesItem 6 — charged on revenue, not profit
Advertising fund3% of gross salesItem 6 — brand marketing, spent at the franchisor's discretion
Total recurring fees7% of gross salesBefore rent, labor, food or debt service
Total initial investment$623,000 – $2,782,200Item 7 — franchisor's own low/high estimate

Royalty 4% Grill & Chill, 5% Treat; ad fee 3-6% gross sales; transfer fee $6,000-$8,500.

Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.

Dairy Queen system size and owner turnover

Total outlets74
Ceased operations0
Terminated by franchisor0
Transferred to new owners7
Closure rate0.0% of outlets

Zero terminations/ceased operations 2024 in MT/ND; systemwide Texas DQ shrinking 11 units in 2024.

From Item 20 of the FDD 2026. Terminations and ceased operations are the franchisor's own count of owners who stopped — the number the sales pitch leaves out.

Is Dairy Queen worth it? — how it compares to 59 similar franchises

Ongoing fees7% of saleslower than most (median 7.5%)
Startup costfrom $623,000pricier than 85% of peers
Disclosure honestyGrade Dless honest than most of the category
Closure rate0.0% of outletsbetter than most (median 0.9%)
Disclosed lawsuits4more litigious than 82% of peers

Benchmarked against every bakery, dessert & ice cream franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

◤ CLASSIFIED · ITEM 19 RECONSTRUCTED

Owner take-home for a Dairy Queen

The franchisor's framing: Discloses only gross sales (high/low/avg/median) for 40 freestanding DQ Grill & Chill in M… We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

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Dairy Queen franchise — frequently asked

How much does a Dairy Queen franchise cost?
The FDD lists a total initial investment of about $623,000–$2,782,200, including a $25,000 initial franchise fee.
How much do Dairy Queen franchise owners make?
Discloses only gross sales (high/low/avg/median) for 40 freestanding DQ Grill & Chill in MT/ND 2024. Excludes treat stores, mall/strip locations, seasonal units. No profitability, no expenses, no owner income data provided. We grade this disclosure D for honesty.
What are the Dairy Queen franchise fees?
Dairy Queen's FDD discloses a $25,000 initial franchise fee, a 4% royalty on gross sales, a 3% advertising-fund contribution, for roughly 7% of gross sales in recurring fees before rent, labor, or debt service. Royalty 4% Grill & Chill, 5% Treat; ad fee 3-6% gross sales; transfer fee $6,000-$8,500.
What is the Dairy Queen franchise profit margin?
Dairy Queen does not publish a franchisee net-profit margin — almost no franchisor does. What Item 19 actually shows: Discloses only gross sales (high/low/avg/median) for 40 freestanding DQ Grill & Chill in MT/ND 2024. Excludes treat stores, mall/strip locations, seasonal units. No profitability, no expenses, no owner income data provided. Recurring fees alone take about 7% of gross sales, before rent, labor, food or debt service. Margin has to be reconstructed from the disclosure, not read off it.
What is the Dairy Queen franchise failure rate?
Zero terminations/ceased operations 2024 in MT/ND; systemwide Texas DQ shrinking 11 units in 2024.
How many Dairy Queen locations are there?
Dairy Queen's FDD reports 74 total outlets, with 0 that ceased operations in the most recent reporting year and 7 transferred to new owners. Item 20 is where system health shows up before the marketing does.
Does Dairy Queen have complaints or lawsuits?
Dairy Queen discloses 4 legal matters in Item 3 of its FDD. Item 3 covers the franchisor's litigation history, which is the closest thing to a public record of how it treats franchisees — read the case descriptions, not just the count.
Is a Dairy Queen franchise worth it?
It depends on the numbers, not the pitch. Dairy Queen scores D on disclosure honesty, carries about 7% of sales in ongoing fees, and discloses 4 legal matters. Get the real owner take-home before you sign.

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Source: MN CARDS 35458-202603-03 (Clean FDD 2026). FranchiseValidate is independent and not affiliated with Dairy Queen or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.