Dairy Queen vs Sloan's Ice Cream Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Dairy Queen vs Sloan's Ice Cream including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$1,151,135 - $1,936,655 | $587,952 - $896,600 |
Franchise Fee |
$45,000 | $40,000 |
Royalty Fee |
4% | 6% |
Advertising Fee |
5-6% | 1% Nat'l |
Year Founded |
1940 | 1999 |
Year Franchised |
1944 | 1999 |
Term Of Agreement |
Varies | 5 years |
Term Of Agreement |
Varies | 5 years |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Industry experience General business experience | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/Yes | -/- |
Payroll |
No/Yes | -/- |
Training & Support |
Training |
On-The-Job Training: 376 hours
Classroom Training: 32 hours
Additional Training: At existing DQ store | The initial training covers all material aspects of the operation of a Sloan's franchise and is comprised of classroom and on-the-job training. |
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform | - |
Marketing |
Ad Templates
National Media
Regional Advertising
Social media
Email marketing
Loyalty program/app | - |
Operations |
International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 20 - 100
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | No |
International Expansion |
Yes | - |
Company Overviews
About Dairy Queen
Frozen yogurt producer J.F. McCullough was trying different things with a formula for another solidified dairy item, originating from his conviction that dessert tasted better when it was delicate and served straight from the cooler, not solidified strong. With his formula culminated, McCullough and his child, Alex, persuaded one regarding their clients to hold a starting offer of the new delicate frozen yogurt, and more than 1,600 individuals appeared to attempt it. In light of that underlying achievement, the McCulloughs opened the primary Dairy Queen area in 1940 in Joliet, Illinois. The main stores sold just delicate serve frozen yogurt - in sundaes, bring home pints and quarts, and cones- - however throughout the years, an assortment of dessert treats were added to the menu, for example, banana parts and Dilly Bars. In the 1950s, some Dairy Queens started serving hot sustenance things. Today, stores framework wide have menus that incorporate franks, cheeseburgers and chicken tenders through Dairy Queen's Grill and Chill idea. The organization likewise offers a DQ Treat idea that offers both Dairy Queen's solidified treats and the sister organization's natural product beverages and smoothies.
International Dairy Queen, Inc., (IDQ) has been creating “smiles and stories” for more than 70 years. Tracing its roots back to 1940, the company, is a leading quick service restaurant franchisor of delicious frozen treats and mouth-watering hot food items. The company is corporately based in Minneapolis, MN, is the parent company of American Dairy Queen Corporation, Orange Julius of America and Karmelkorn Shoppes Inc., which develops, licenses and services a system of more than 6,400 Dairy Queen® Orange Julius® and Karmelkorn® stores in the United States, Canada and over 25 other countries. All are part of the Berkshire Hathaway family, a company owned by Warren Buffett, the legendary investor and CEO of Berkshire Hathaway.
The total investment necessary to begin operation of a single DQ Grill
& Chill® franchise is $1,151,135-$1,936,655.
This includes the
$45,555 that must be paid to the franchisor or affiliate. In addition,
if you enter into a multiple trade area reservation agreement, you will
pay an initial franchise fee deposit determined by multiplying the
number of restaurants you are granted the right to develop by $10,000.
#16 in Franchise 500 for 2020.
#42 in Franchise 500 for 2021.
About Sloan's Ice Cream
Since opening our first store in 1999, Sloan's has become an icon of Southern Florida for great ice cream and great fun. Our unmistakable look, terrific service and unforgettable ice cream have become a tourist attraction and a hot spot for local residents. While we think we have the greatest ice cream on the planet, what really differentiates Sloan's is the brand and systems that we have created to replicate the memorable experiences for all of our customers.
Sloan's has been the recipient of numerous awards for best luxury ice cream.
We are a family business and our franchisees can also be family businesses. Sloan Kamenstein created Sloan's out of a love of fine foods and sweets. As an accomplished chef and entrepreneur, Sloan still leads the company and is heavily involved in innovation, product development and growth.
Sloan's builds its customer following by providing what we believe to be the best service, best product and best atmosphere. Each store is impeccably designed to create an emotional response for kids and adults and keep them coming back.
Becoming a Sloan's franchisee gives you access to our brand, systems, training and support as you own and operate your very own Sloan's ice cream and candy store. You get:
*Sloan's logos, signage, designs and operational systems
*Buying power through our suppliers
*Site selection and build out assistance
*Extensive training in Florida at our headquarters and in our stores
*On-site assistance just prior and during the opening of your location
*An in-depth operations manual for every aspect of store ownership
*Marketing materials and marketing assistance
*Ongoing support site visits from Sloan's staff
*Unlimited access to our team via phone and email
We are dedicated to the personal and professional growth of our franchisees. The opportunity to own your own business without being alone has never been sweeter.