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Dairy Queen Franchise Disclosure Documents (FDD)

The Dairy Queen Franchise Disclosure Document is the most comprehensive record of how the company operates — financial statements, fee schedules, litigation history, and system-wide unit counts, disclosed under federal mandate. 4 filings covering 2023–2026 are available here as complete PDFs.

Under the Federal Trade Commission's Franchise Rule, Dairy Queen must furnish a Franchise Disclosure Document (FDD) to prospective franchisees and update it annually. The FDD is organized into 23 Items that describe the franchisor, its fees and the estimated cost to open, the parties' obligations, territory, financial performance representations where made, system size, and the company's financial statements.

Available Documents

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Dairy Queen 2026 Franchise Disclosure Document (FDD) — DQ Grill Montana and North Dakota

Issued May 2026 · 424-page PDF

$99.00
Initial investment (Item 7):
$1,664,700 – $2,793,700 (p. 33)
To simplify the language in this disclosure document, DQ MT/ND means Dairy Queen Montana / North Dakota LLC, the Territory Operator. "ADQ" means American Dairy Queen Corporation, the head franchisor. "You" means the person who buys the subfranchise, the subfranchisee. If you are a legal entity, "you" also may mean your owners.— 2026 Dairy Queen FDD, p. 8

Dairy Queen 2025 Franchise Disclosure Document (FDD)

Issued May 2025 · 512-page PDF

$99.00
Initial investment (Item 7):
$623,000 – $1,781,200 (p. 32)

Dairy Queen 2025 Franchise Disclosure Document (FDD)

Issued April 2025 · 222-page PDF

$99.00
Initial investment (Item 7):
$623,000 – $1,781,200 (p. 31)

Dairy Queen 2023 Franchise Disclosure Document (FDD)

Issued May 2023 · 229-page PDF

$99.00
Initial investment (Item 7):
$591,700 – $2,526,300 (p. 27)

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