20-Yr Dairy Queen Franchise | $1.3M Sales | Building & Business
Business Description
This is a rare opportunity to acquire a fully operational Dairy Queen franchise with over 20 years of continuous operating history at one of Tallahassee's most established quick-service restaurant locations. Located in a high-traffic commercial corridor serving the city's northwest trade area, this offering includes full ownership of the building and all improvements, together with the operating business as a going concern, subject to a long-term, fully assignable Absolute NNN ground lease at a fixed rate of $6,000 per month. The ground rent is fully reflected in the EBITDA figures presented and requires no further adjustment.
The business generates approximately $1.3 million in annual gross sales across a loyal and growing customer base built over two decades of consistent brand execution. With a verified three-year POS sales history available to qualified buyers, this offering provides the financial transparency and operational track record that serious acquirers demand. Estimated EBITDA for an investor/absentee owner ranges from $289,000 to $348,000 annually.
The sale includes the freestanding QSR building with drive-through lane, full commercial kitchen, customer dining room, and all building systems. All furniture, fixtures, and equipment are conveyed in full, including proprietary Dairy Queen soft-serve and frozen treat dispensing machines, Blizzard blending stations, commercial grills and fryers, walk-in cooler and freezer, PAR POS system, drive-through communication and menu board equipment, and all interior and exterior signage. The Dairy Queen franchise agreement, customer goodwill, vendor and supplier relationships, and all assignable licenses and permits are included. A complete FF&E inventory will be provided to qualified buyers upon execution of a Non-Disclosure Agreement.
Tallahassee is Florida's state capital and home to Florida State University and Florida A&M University, together serving over 65,000 students. This institutional demand base — combined with year-round state government employment — creates one of Florida's most recession-resistant consumer markets. The city's steady population growth and the continued expansion of the North Monroe Street retail corridor provide a strong long-term demand tailwind for an established, well-positioned QSR brand.
The Dairy Queen franchise transfer is subject to prior written approval from International Dairy Queen, Inc. (IDQ). IDQ provides the incoming owner with comprehensive onboarding, operational training, access to the proprietary system, and ongoing franchisee support. The current owner is available for a transition period to ensure continuity of operations. Growth opportunities include extended operating hours, integration with delivery platforms, expanded participation in DQ's loyalty and mobile ordering programs, and active owner management to address labor costs currently trending above system averages.
This offering is well-suited for an experienced QSR operator seeking a proven franchise platform, a first-time franchise buyer entering the Dairy Queen system with minimal execution risk, or an investor acquiring a stabilized going-concern business with a hard-asset component. SBA 504 and 7(a) financing may be available to qualified buyers, significantly reducing the required equity at closing.
To protect the confidentiality of ongoing business operations, all prospective buyers are required to execute a Non-Disclosure Agreement before the release of any financial statements, tax returns, or proprietary operating data. Site visits are conducted by appointment only and coordinated to minimize disruption to daily operations. All inquiries must be directed to the listing broker. Do not contact the business or its employees directly.
The business generates approximately $1.3 million in annual gross sales across a loyal and growing customer base built over two decades of consistent brand execution. With a verified three-year POS sales history available to qualified buyers, this offering provides the financial transparency and operational track record that serious acquirers demand. Estimated EBITDA for an investor/absentee owner ranges from $289,000 to $348,000 annually.
The sale includes the freestanding QSR building with drive-through lane, full commercial kitchen, customer dining room, and all building systems. All furniture, fixtures, and equipment are conveyed in full, including proprietary Dairy Queen soft-serve and frozen treat dispensing machines, Blizzard blending stations, commercial grills and fryers, walk-in cooler and freezer, PAR POS system, drive-through communication and menu board equipment, and all interior and exterior signage. The Dairy Queen franchise agreement, customer goodwill, vendor and supplier relationships, and all assignable licenses and permits are included. A complete FF&E inventory will be provided to qualified buyers upon execution of a Non-Disclosure Agreement.
Tallahassee is Florida's state capital and home to Florida State University and Florida A&M University, together serving over 65,000 students. This institutional demand base — combined with year-round state government employment — creates one of Florida's most recession-resistant consumer markets. The city's steady population growth and the continued expansion of the North Monroe Street retail corridor provide a strong long-term demand tailwind for an established, well-positioned QSR brand.
The Dairy Queen franchise transfer is subject to prior written approval from International Dairy Queen, Inc. (IDQ). IDQ provides the incoming owner with comprehensive onboarding, operational training, access to the proprietary system, and ongoing franchisee support. The current owner is available for a transition period to ensure continuity of operations. Growth opportunities include extended operating hours, integration with delivery platforms, expanded participation in DQ's loyalty and mobile ordering programs, and active owner management to address labor costs currently trending above system averages.
This offering is well-suited for an experienced QSR operator seeking a proven franchise platform, a first-time franchise buyer entering the Dairy Queen system with minimal execution risk, or an investor acquiring a stabilized going-concern business with a hard-asset component. SBA 504 and 7(a) financing may be available to qualified buyers, significantly reducing the required equity at closing.
To protect the confidentiality of ongoing business operations, all prospective buyers are required to execute a Non-Disclosure Agreement before the release of any financial statements, tax returns, or proprietary operating data. Site visits are conducted by appointment only and coordinated to minimize disruption to daily operations. All inquiries must be directed to the listing broker. Do not contact the business or its employees directly.
About the Business
- Years in Operation
- 21
- Franchise
- This business is an established Dairy Queen franchise
- Facilities & Assets
- Includes conveyance of a freestanding QSR building with drive-through, full commercial dining room, and all systems. All FF&E conveyed: soft-serve machines, grills, fryers, walk-in cooler/freezer, PAR POS system, drive-through equipment, and signage. Sale includes the DQ franchise agreement, customer goodwill, vendor relationships, and all assignable licenses and permits. Property operates under a fully assignable, long-term absolute NNN ground lease, with rent reflected in stated EBITDA.
- Website
- https://www.dairyqueen.com/en-us/
- Market Outlook / Competition
- The QSR sector remains one of the most resilient segments in food service, supported by value-conscious consumer spending and strong brand loyalty. Tallahassee's economy is anchored by state government, FSU, and FAMU, providing recession-resistant demand year-round. Rising real estate and construction costs make acquiring an existing operation significantly more attractive than new development. Buyer demand for established franchise businesses with real asset backing remains strong, and SBA financing is actively available for qualified owner-operators.
- Opportunities for Growth
- Significant upside exists through extended operating hours, expanded catering and event services, and increased participation in DQ's loyalty and mobile ordering programs. Delivery platform integration (DoorDash, Uber Eats) remains underpenetrated in this market. A new owner with active management could reduce labor costs, which are currently trending above system averages. Tallahassee's continued population growth and FSU/FAMU enrollment expansion provide a strong long-term demand tailwind for a well-positioned, established QSR brand.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 2,578
About the Sale
- Seller Motivation
- Owner is Retiring
- Transition Support
- International Dairy Queen, Inc. provides comprehensive onboarding and ongoing franchise support including initial training, operational manuals, proprietary system access, and brand standards guidance. Current owner is willing to provide a transition period to ensure continuity of operations. IDQ's franchisee support network remains available post-closing.
Listing Info
- ID
- 2486193
- Listing Views
- 17
Attached DocumentsAttachment Disclaimer
2227 N. Monroe St DQ OM [2026].pdf
Business Location
Listing ID: 2486193 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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