Dairy Queen vs CherryBerry Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Dairy Queen vs CherryBerry 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 | $360,000 - $466,000 |
Franchise Fee |
$45,000 | $25,000 |
Royalty Fee |
4% | - |
Advertising Fee |
5-6% | - |
Year Founded |
1940 | 2008 |
Year Franchised |
1944 | 2008 |
Term Of Agreement |
Varies | - |
Term Of Agreement |
Varies | - |
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 | - |
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 | - |
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 CherryBerry
Establishing a small business on your own can be tough. This is why
many choose to go with an established brand. At CherryBerry, we have an
incredible culture that focuses on our franchisees’ success. Riding on
several decades of franchising experience with our parent company, Rocky Mountain Chocolate Factory,
we have developed a system that will help you jump-start your business
and provide you with a competitive advantage in your market. As a
franchisee, you will have access to all of our support systems and
expertise as well as our trade secrets and unique strategies.
Our constant efforts and economies of scale help keep product costs
low and consistent product available. Additionally, you will benefit
from CherryBerry's brand recognition and the integrity of
the CherryBerry name.
Frozen yogurt sells well in warmer months while chocolate sells well
in cooler months. Through a special arrangement with our parent company,
Rocky Mountain Chocolate Factory, you can add a complementary offering of fine chocolates and caramel apples to expand your market.
CherryBerry’s premium and top-quality distinctive flavors are
developed by some of the most knowledgeable yogurt innovators in the
industry. Our product is certified to contain live and active cultures
to promote good health, plus its creamy texture, original flavors and
extensive toppings have been praised by the masses as the best tasting
and highest quality frozen yogurt available. The CherryBerry name
assures your customers that they can expect the same great quality
frozen yogurt time after time.
We provide you with an excellent business model which includes all
the necessary training and assistance you’ll need to create a thriving
business. Our staff includes experts in real estate, construction,
training, operations and marketing.