American Dairy Queen Corporation Earns Top 30 Spot on Franchise Times Top 200+ List
World-Leading QSR Concept Ranked #27 On Prestigious List of Largest United States Franchises
October 17, 2019 // Franchising.com // MINNEAPOLIS, MN. - American Dairy Queen (ADQ) announced today that it has been ranked in the top 30 of the Franchise Times’ Top 200+ list. This list offers the most comprehensive ranking of the 500 largest franchise systems in the United States. The rankings are based on the DQ® global system sales and number of locations.
Being named to this ranking verifies the exceptional growth the company has experienced over the past year. In 2018, the brand generated over $4.5 billion in sales and added more than 40 locations. Currently, ADQ has more than 7,000 locations worldwide.
“Being included on the Franchise Times’ list of the top 30 largest U.S. franchises in the U.S. is an important achievement,” said Julie Davis, Director of Franchise Sales and Development in the U.S. “This accomplishment highlights that the Dairy Queen® fan base continues to grow worldwide. We are honored to be part of this list and remain committed to continuing to spread the same joy our iconic brand and devoted franchisees have brought to fans for nearly 80 years.
Franchise Times uses a combination of companies’ voluntary reports and the most recent franchise disclosure documents to rank the 500 largest franchise systems in the United States. To qualify for the ranking, companies must be a legal United States franchise, with its headquarters based in the United States or at least 10 percent of their total units located in the country. Franchisees must also own at least 15 percent of the company’s total units.
Maintaining its recipe for success throughout nearly 80 years, ADQ is currently focused on building freestanding drive-thru restaurants.
The industry leading DQ Grill & Chill® business model, includes site selection intelligence, experienced business consultants and ongoing marketing support. It is designed to attract individuals and operating teams with a strong business acumen, proven ownership experience, an interest in multi-unit franchising and a net worth of $1,000,000. The investment for this model ranges from $1,091,025 to $1,849,625, which includes the initial $35,000 franchise fee but does not include the cost of land.
About International Dairy Queen, Inc.
International Dairy Queen Inc., (IDQ), based in Minneapolis, Minnesota, is the parent company of American Dairy Queen Corporation and Dairy Queen Canada, Inc. Through its subsidiaries, IDQ develops, licenses and services a system of more than 7,000 locations in the United States, Canada and 25 other countries. IDQ is a subsidiary of Berkshire Hathaway Inc. (Berkshire) which is led by Warren Buffett, the legendary investor and CEO of Berkshire. For more information visit www.DairyQueen.com.
About the Franchise Times Top 200+
The Franchise Times Top 200+® is the only ranking by systemwide sales and units of the largest 500 U.S.-based franchise brands. Published in the October issue and available in a searchable database online, the Franchise Times Top 200+ also analyzes industry sectors based on percentage change in sales growth, reports the 10 fastest-growing franchises by four different measures, and includes exclusive news stories about the biggest names in franchising. The rankings and full report, and the searchable online database, are available at www.franchisetimes.com/Top200.
All Points PR
SOURCE International Dairy Queen, Inc.
Comments:comments powered by Disqus
- Expansions & Growth
- Financial & Earnings Claims
- Mergers & Acquisitions
- Personnel Changes
- General Announcements
- Conferences & Events
- Product Announcements
- Media Coverage
- Strategic Alliances