Dairy Queen vs Nekter Juice Bars Inc. Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Dairy Queen vs Nekter Juice Bars Inc. including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Dairy Queen Franchise
Nekter Juice Bars Inc. Franchise
Investment $1,151,135 - $1,936,655$224,500 - $584,100
Franchise Fee $45,000$45,000
Royalty Fee 4%6%
Advertising Fee 5-6%2%
Year Founded 19402010
Year Franchised 19442012
Term Of Agreement Varies-
Term Of Agreement Varies-
Renewal Fee --


Business Experience Requirements

 
Dairy Queen Franchise
Nekter Juice Bars Inc. Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Dairy Queen Franchise
    Nekter Juice Bars Inc. Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/Yes-/Yes
    Payroll No/Yes-/Yes

    Training & Support

     
    Dairy Queen Franchise
    Nekter Juice Bars Inc. Franchise
    Training On-The-Job Training: 376 hours Classroom Training: 32 hours Additional Training: At existing DQ store On-The-Job Training: 80 hours Classroom Training: 18 hours
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet PlatformPurchasing 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/appAd Templates National Media Regional Advertising Social media SEO Website development 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

     
    Dairy Queen Franchise
    Nekter Juice Bars Inc. Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion YesYes

    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.

    ""   "Entrepreneur

    #16 in Franchise 500 for 2020.
    #42 in Franchise 500 for 2021.






    About Nekter Juice Bars Inc.

    In 2010, Nekter Juice Bars Inc. set out to transform the juice and smoothie space similarly to how the coffee experience was reinvented in the early 1990’s. Nekter Juice Bars Inc. believes that “healthy” can be affordable, taste good, and feel good too, and it is our mission to provide a healthy foundation for people to feel and live better.

    With an Average Unit Volume of $837,263*, outstanding training & support, and huge growth potential, Nekter Juice Bars Inc. is the ideal franchise opportunity for you.

    If you are acquiring the right to open three or five locations under our development agreement, instead of paying the franchisor the $45,000 initial franchise fee for one location you will pay to the franchisor either $96,000 for the development of two stores or $145,000 for the development of five stores under the terms of the franchisor’s development agreement. Upon signing, you will pay to the franchisor a Development Fee equal to 100% of the Initial Franchise Fee due for each Store you commit to develop.
    Veteran Incentives  20% off franchise fee
    "Entrepreneur
    #128 in Franchise 500 for 2020.
    #100 in Franchise 500 for 2020.