DAIRY QUEEN GRILL & CHILL
Seller:
Attn:
Heather Pregel
Location:
Nashville, TN, USA
Listing Number:
"N708"
Overview of the Business:
With 5,700 restaurants in 22 countries as of 2005, Dairy Queen is one of the largest soft serve franchises in the world. The owner is absentee so this is an ideal situation for a new owner/operator to take over, as it is currently run by two managers. This DQ has all the equipment and procedures in place to utilize the Grill & Chill menu. The expected roll out date for the Grill & Chill is Fall 2009. Potential exists for this DQ to grow with an owner/operator to watch more closely to the business operations. The owner has other business interests and no longer has time to manage the DQ as efficiently as it should be.
Property Features and Assets:
March 1st, 2009 rent was reduced to a flat rate of $3,300 from the previous rate of $4,919 plus a maintenance fee of 3%. The lease is a 15 year lease expiring in 2013 with an option to renew on a year to year basis.
Market Competition and Expansion:
There are no other brand name ice cream stores around the area, resulting in minimal competition.
The business has grown through national and local advertising provided by the franchisor. The Mall also does their own local advertising, which has also helped bring in customers.
Additional Details:
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