If you are interested in purchasing an existing DQ or Orange Julius location, below are some of our frequently asked questions (FAQ):

If I am a buyer, how do I start the process? You must contact the owner of the location. The owner must fill out the “Transfer Request and Release Form” to begin the transfer process. The owner can find this form on the franchisee HUB website located under Facility/Transfer Info, or they may email transfers@idq.com to request the form and the transfer department will email or fax the form to them.

Can I get a list of stores for sale? We do not provide a list of stores that may be for sale. You may contact owners directly or a local real estate broker for assistance.

What do I do if the location I want to purchase is closed and no longer operational? You must contact the Development Department at development@idq.com. They can assist you in possible re-franchise opportunities.

What if the store I want to purchase is under a Territory Operator (T.O.)? The owner must contact the Territory Operator to determine next steps. If you need help determining who the T.O. is, you may email transfers@idq.com for assistance.

How long does the transfer process take? It typically takes approximately six months before a buyer is able to complete training and facility requirements and DQCI is in a position to consent to a transfer.

What qualifications do I need? Upon receipt of the Transfer Request and Release Form from the owner, the transfer coordinator will email the transfer information, requirements and transfer paperwork to both parties. There are many more requirements, but as an initial screen it may help you to know the following:

The buyer must meet the following minimum financial requirements to purchase a Dairy Queen location:

1. Net worth (exclusive of residence and personal items) totaling the greater of:
   1. 50% of the total purchase price of the transaction, or
   2. $75,000.
2. Liquid assets totaling the greater of:
   1. 20% of the total purchase price of the transaction, or
   2. $30,000.
3. Operating Capital (separate from liquid assets) totaling the greater of:
   1. $25,000, or
   2. 33% of fixed and semi-variable expenses, including debt service, and manager salary not to exceed $100,000.

Or the following to purchase a DQ/Orange Julius or Orange Julius location:

1. If more than two years remain on the existing lease, the financial requirements for a buyer are:
   1. Net worth (exclusive of residence and personal items) totaling the greater of:
      1. 50% of the total purchase price of the transaction, or
      2. $75,000.
   2. Operating Capital (liquid assets available after the purchase of the franchise) totaling the greater of:
      1. $25,000, or
      2. 33% of fixed and semi-variable expenses, including debt service, and manager salary not to exceed $40,000.
         
2. If two years or less remain on the existing lease, the financial requirements for a buyer are:
   1. Net worth (exclusive of residence and personal items) totaling the greater of:
      1. 75% of the total purchase price of the transaction, or
      2. $75,000.
   2. Operating Capital (liquid assets available after the purchase of the franchise) totaling the greater of:
      1. $50,000, or
      2. 50% of fixed and semi-variable expenses, including debt service, and manager salary not to exceed $70,000.
         

Note 1:  If proposed buyer is an existing Dairy Queen or Orange Julius franchisee, DQCI may consider making limited exceptions to the above minimum financial requirements.

Note 2:  DQCI may consider approval of a buyer who is a family member or who has been a store manager for at least two years but does not meet the minimum financial requirements, provided that seller is in good standing with DQCI and will guarantee the financial obligations of the buyer.  This guarantee would last until the buyer has gone at least 3 full years (36 straight months) without being late on Store Monthly Reports or delinquent in Accounts Receivable to DQCI.  The guarantee could also end sooner if, at any time, the buyer can meet the then-current financial requirements for a franchise transfer.

**Please be reminded closing cannot take place until DQCI approves the proposed buyer**