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Dairy Queen franchise financing options
Compare costs, fees and where to get financing for a Dairy Queen.
Estimated initial costs
Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Dairy Queen franchise may result in higher or lower fees.
Equipment feesEquipment fees total $460,000 for Dairy Queen. This costs more than the $180,023 average for the top 200 franchises.
|Equipment, including signs and point-of-sale systems||$390,000 to $530,000|
|Estimated total||$390,000 to $530,000|
Real estate feesReal estate will set you back $761,250 for Dairy Queen, thought it's less than the average of $788,376 for the top 200 franchises.
|ALTA survey and site investigation report||$0 to $5,000|
|Building construction and leasehold improvements||$550,000 to $900,000|
|Construction consultation services||$0 to $7,500|
|Building plans, design intent plans and architectural seal||$15,000 to $45,000|
|Estimated total||$565,000 to $957,500|
Training feesDairy Queen initial training costs total $48,145 — more than the nationwide average of $9,788.
|Initial training fees and costs||$1,135 to $11,655|
|Travel and living expenses for training programs||$23,000 to $38,500|
|Training inventory||$6,000 to $16,000|
|Estimated total||$30,135 to $66,155|
Inventory costsInitial inventory for Dairy Queen shakes out to $25,000. This is less than the nationwide average of $53,119.
|Opening inventory||$15,000 to $35,000|
|Estimated total||$15,000 to $35,000|
Licenses and permits costsDairy Queen initial licenses and permits will set you back $10,500. This comes out to less than $18,770 — the overall nationwide average.
|Licenses and permits||Cost|
|Utility deposits, business licenses and government charges||$4,000 to $17,000|
|Estimated total||$4,000 to $17,000|
Administrative feesDairy Queen administrative fees total up to $4,500 — which comes in under the overall nationwide average of $6,761.
|Attorneys' fees||$1,000 to $8,000|
|Estimated total||$1,000 to $8,000|
How to financeSince the estimated total for Dairy Queen is on the more costly side, we recommend following these steps to get fully financed:
- Go to the Dairy Queen franchising website and review its financial requirements, including cash-on-hand requirements.
- Reach out to Dairy Queen about in-house financing for franchisees.
- If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $1,309,395 estimated opening costs.
- Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
- Once you settle on a lender, gather all required documents, including account statements and assets.
- Apply for financing online or in person as required by the lender.
What types of financing is available?You have several options when it comes to financing a Dairy Queen — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
- Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
- Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Dairy Queen opening costs.
- SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Compare small business lendersYou may not need financing to cover the estimated $1,005,135. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
How Dairy Queen stacks upCompare how Dairy Queen holds up against two similarly sized franchises.
|Taco Bell||Dairy Queen||Wendy's|
|Average Franchise fees||$35,475||NA||NA|
|Average Equipment fees||$295,000||$460,000||$497,500|
|Average Real estate fees||$1,341,875||$761,250||$1,877,500|
|Average Training fees||NA||$48,145||$63,000|
|Average Inventory fees||$8,500||$25,000||$13,000|
|Average Marketing fees||NA||NA||$8,750|
|Average Licenses and permits fees||$74,000||$10,500||$92,500|
|Average Insurance fees||NA||NA||$22,500|
|Average Admin fees||NA||$4,500||$55,000|
|Average Personnel fees||NA||NA||NA|
|Average Other fees||NA||NA||$171,000|
Bottom lineDairy Queen franchise costs run a total of $1,309,395. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.
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