Listing ID: 83577
Rare opportunity to purchase a long-standing, HIGH-VOLUME, and very profitable DQ Grill & Chill Franchise, successfully operating since 1963. This store has been thriving under the current ownership since 2002 and is well-established in the community it serves. SBA approved; Financing is available with as little as 10% needed from the Buyer. This store is ripe for continued growth and ideal for an owner/operator or absentee owner.
Dairy Queen is one of the largest, fastest growing, and most world-renowned food and treat franchises. In 2001 DQ opened its first Grill and Chill location, which continues to be their flagship concept and the strongest investment in Dairy Queen history. When you buy this franchise, you are joining a system with a proven business model and over 75 years of success. Proven, and highly profitable; This sale will consist of 1 open/operational DQ Grill & Chill franchise!
The Seller employs a General Manager, Shift leaders and a fully trained staff that successfully operate this proven DQ Grill & Chill Drive-thru location. The current GM has been with DQ for 4+ years, which will allow for an easy transition of ownership.
Over the past 75 years, DQ has satisfied millions of loyal customers and franchisees around the world. Dairy Queen has achieved an amazing 95% Consumer Brand recognition and has earned many industry accolades. The DQ system offers a thrilling experience and resources you need along with the recognition and stability of a world-famous franchise brand!
The industry leading DQ Grill & Chill business model has driven the exceptional growth Dairy Queen has experienced over the past several years. In 2018, the brand generated over $4.5 billion in sales and added more than 40 locations. It’s no surprise that DQ recently ranked #1 on the EatThis list of The Top 50 Fast Food Restaurants in America and #27 on the prestigious Franchise Times Top 200+ list!
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- Asking Price: $1,679,000
- Cash Flow: $434,547
- Gross Revenue: $1,663,608
- EBITDA: $434,547
- FF&E: N/A
- Inventory: $7,000
- Inventory Included: N/A
- Established: 1963
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:20
- Furniture, Fixtures and Equipment:N/A
Highly visible Free-Standing drive-thru! This location is a fan favorite for the entire community it serves. As a DQ Grill & Chill franchise, it offers the full line of fresh, high-quality food and frozen treats. This heavily trafficked drive thru location is the only DQ Grill & Chill serving this market and has a tremendous regional draw. It is just one block from a major interstate and US Hwy, with exceptional access from all directions. The current owner has done an outstanding job of upgrading and maintaining this restaurant and property. The store was fully remodeled in 2016, interior and exterior! It has a beautiful patio, substantial parking and exceptional signage & visibility, including a 40-foot pylon sign and digital message board!
Buyer must be approved by Franchisor in order to purchase. New Franchisees must attend up to 4 weeks of training and successfully complete.
Seller no longer lives in Indiana.
1) Huge growth potential with Delivery and Catering: The Seller has not yet implemented 3rd party delivery partnerships. The POS system integrates with DoorDash and a Buyer can activate when ready! This will be all upside for the new owner and will lead to significant incremental sales. 2) Seller launched Online ordering in the summer of 2021 and orders continue to grow! 3) Increased Community Involvement - Structured Fundraising nights & partnerships with schools, sports teams, and other organizations, etc. would be very impactful and further increase awareness!
This Business Is An Established Franchise
The venture was founded in 1963, making the business 59 years old.
The transaction shall not include inventory valued at $7,000*, which ins't included in the asking price.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people decide to sell operating businesses. Nonetheless, the true reason vs the one they tell you might be 2 entirely different things. As an example, they may claim "I have too many various responsibilities" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these may just be justifications to attempt to hide the reality of changing demographics, increased competition, recent decrease in revenues, or a range of other factors. This is why it is very essential that you not depend entirely on a seller's word, yet rather, use the vendor's answer along with your general due diligence. This will repaint a much more reasonable image of the business's present situation.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your offer. Lots of operating businesses take out loans so as to cover things like supplies, payroll, accounts payable, etc. Remember that sometimes this can imply that profit margins are too small. Many businesses come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future commitments to think about. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with suppliers that should be met or may cause fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the area draw in brand-new consumers? Many times, operating businesses have repeat clients, which form the core of their daily revenues. Particular factors such as new competition growing up around the location, roadway building and construction, and personnel turn over can impact repeat customers and also negatively impact future revenues. One essential point to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Certainly, the more individuals that see the business on a regular basis, the higher the possibility to develop a returning client base. A last thought is the basic area demographics. Is the business situated in a densely inhabited city, or is it situated on the outskirts of town? Exactly how might the regional typical house earnings impact future income potential?