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RE:  Dairy Queen Grill & Chill Contact:  Luke Hoffman
Owner Financing is Available!

Quick Facts

Asking Price: $69,000
Annual Revenue: $292,825
Net Profit: Not Disclosed
Cash Flow: $46,800
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 5
BBN Listing #: 251749963
Broker Reference #: 1401-930649

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Business Overview:

Consistently Profitable for Over Fifteen Years in the Same Location

This sale represents a rare opportunity to purchase an existing ‘top twenty’ US franchise brand. Although the franchise isn’t fully developed in Utah compared to most States, it’s been around for decades in the US, widely known to folks in Utah, and considered a marquee fast-food brand. While it has been a rough 2020 so far for many restaurants, including this one, fast food has held up well compared to most. The owners of this franchise took a very conservative health stance during Covid-19, which resulted in less operational and customer service time than was required by the State. Still, this business has been successful for fifteen years at this location. Salt Lake County has recently relaxed many of its health restrictions for restaurants. The current owners have also opened up for regular hours, leaving a new owner in the enviable position to purchase a restaurant that:
1.) is now fully operational
2.) has a well-trained front and kitchen staff
3.) is known to almost everyone that eats out
4.) is situated on a highly trafficked street
5.) located in one of the fastest-growing neighborhoods in the City
6.) is being sold at a HUGE discount to what it would cost to open a new franchise with the same brand.
(Please Note: the Franchisor requires a completed and accurate financial statement from a prospective buyer before providing any of the business's confidential information)

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Property Features and Assets:

The concept was one of the first franchises in the US and also has been in operation for fifteen years at this location in Salt Lake. The area demographics are fantastic, and the site is visible to thousands of people every year, driving back and forth from work or school. The current owners recently upgraded both the equipment and the layout of the 1900 sq. ft. restaurant. There is also ample parking with easy access from either direction.

Market Competition and Expansion:

There is minimal direct competition. The purchase price includes the sole and exclusive right to promote and use the brand within a protected territory, which is stringently enforced by the Franchisor. The new owners will inherit a well-established location in one of the most desirable areas in Salt Lake City. Additionally, there are currently over 600 residential units and 700,000 sq. ft. of commercial space currently under construction and within a short drive to this location.

Reason for Selling:

Other Opportunities

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

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