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In addition to the upfront investment costs, the royalty fee for Dairy Queen franchisees is 4%, and the advertisement royalty fee is 5-6%. The franchise term of agreement lasts for 20 years, and the contract is renewable. Dairy Queen does not offer in-house financing options; they only provide third-party financing.
Burger Queen/Druther's – chain based in Louisville, Kentucky. It was originally named Burger Queen until 1981 from when it was renamed Druther's. It became a regional Dairy Queen franchise in 1991; a lone franchised location in Campbellsville, Kentucky, is the only survivor
Druther's International later renamed itself Druther's Systems Inc. to better fit its new role as a Dairy Queen franchise operator. In 1996, International Dairy Queen Inc. bought 31 Dairy Queen/Brazier outlets in Kentucky, Tennessee, and Indiana from Druther's Systems Inc. for an undisclosed price. [6]
Vasari LLC, which operates about 70 Dairy Queen locations Texas, New Mexico, and Oklahoma, filed for Chapter 11 bankruptcy on Monday.
Konstantine Menegatos, who owns the Dairy Queen in Belmar, has been fined $14,006, accused of various labor law violations.
Tastee-Freez was founded in 1950 in Joliet, Illinois, by Leo S. Maranz and Harry Axene (formerly of Dairy Queen). [2] [3] Maranz invented a soft serve pump and freezer which enabled the product, and their Harlee Manufacturing Company (a portmanteau of Harry and Leo) produced the machines which franchisees would buy and use in their respective locations. [3]
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