Who Owns Dairy Queen? – Founder & Current Ownership

Who Owns Dairy Queen

Established way back in 1940, Yes, 83 years ago, this food service restaurant has a lot of history from adapting through the modern era to some controversies they have faced it all, but the question is, who owns dairy queen?

Dairy Queen is not like other restaurants; it has many untold secrets, which makes it more interesting to know more about it.

So, without further ado, let’s get started to unravel the controversies of Dairy Queen and its history and ownership profile.


About Dairy Queen

Dairy Queen

The story started in 1938 when J.F. MacCullough and his son Alex developed their first soft serve. They decided to sell this innovation in an ice cream store to their friend.

On the first day, it sold 1600 servings in just 2 hours.

This success resulted in the opening of the very first Dairy Queen store in 1940 in Joliet, Illinois.

Since 1940, the chain used a franchise system to expand its stores across the country and internationally.

Since then, the store has faced many downfalls in the name of bankruptcy and closing many of its stores.

As of 2023, this restraint chain now has more than 7000 stores in over 20 countries.

The largest store in the US is in Bloomington, Illinois. The largest in the world is Riyad, Saudi Arabia, while the busiest in the world is in Charlottetown, Prince Edward Island.


Who Owns Dairy Queen?

As we know that a father-son duo started Dairy Queen, but now, in 2023, who owns Dairy Queen?

The state with the most Dairy Queen restaurants is Texas, USA.

In 2014, the store had 6400 stores in more than 25 countries, 4500 of which were opened in the US.

The company became International Dairy Queen, Inc. in 1962.

In 1987, International Dairy Queen bought the Orange Julius chain and was later acquired by Berkshire Hathaway in 1998.


Who Owns this Berkshire Hathaway Currently?

Berkshire Hathaway is a big company managed by Warren Buffett. It owns many different businesses and also owns parts of other big companies like Apple. It is worth a lot of money, more than $715 billion! In fact, it is the sixth biggest company in the whole world.

Is it Warran Buffett?

Warren Buffett’s company Berkshire Hathaway owns International Dairy Queen Inc., which is the parent organization of Dairy Queen. Therefore, Warren Buffett indirectly owns Dairy Queen through Berkshire Hathaway. However, it’s essential to verify the current ownership status, as things might have changed since my last update.

How much did Warren Buffett buy DQ for?

In 1997, Warren Buffett’s company Berkshire Hathaway purchased Dairy Queen for approximately $585 million.


About Warran Buffett

Does Warren Buffet Own Dairy Queen

Warren Buffett is known as one of the most successful investors in history. He also owns Berkshire Hathaway Inc.

Warren Buffett also owns a diverse range of private businesses, such as Geico, Duracell, Benjamin Moore, Net Jets, and Dairy Queen.

Berkshire Hathaway acquired Dairy Queen in 1998 for $585 million in cash and stocks.

Warren Buffett has also invested in other well-known consumer brands like coco-cola and McDonald’s but Dairy Queen, their simple restaurant franchise model, appealed to Warren Buffett.


Can you open your Own dairy Queen franchise?

Yes, Dairy Queen offers franchise opportunities for individuals or groups to own and operate their own Dairy Queen restaurants under the brand’s guidelines and standards.


How many dairy queens are there in the world?

There are more than 7,000 Dairy Queen locations in over 20 countries. The exact number may be slightly higher due to continuous development and expansion.


Where is Dairy Queen Headquarters?

Dairy Queen (DQ) is headquartered in Bloomington, Minnesota, United States.


What Dairy Queen Serves?

What Dairy Queen Serves

Dairy Queen first started by serving only soft serve, but now, as the time is changing, most of their standard stores also serve burgers, french fries, barbecue beef sandwiches, hot dogs, and other fast food items.

1. Dairy Queen Blizzard

Blizzard was first introduced in 1985, a year in which it sold 100 million blizzards. It is a soft serve blended with ingredients such as sundae toppings, pieces of cookies, brownies, or candy.

They have popular flavors like Oreo cookies, mint Oreo, Reese’s peanut butter cup, and chocolate chip cookie dough.

According to seasonality, they also have seasonal flavors such as October’s pumpkin pie and June’s cotton candy. They also offer blizzard cakes.

2. Frozen Yoghurt

This product was introduced in 1990 and was a low-calorie alternative to its soft-serve ice cream.

Dairy Queen’s soft serve has 35 calories per ounce, whereas frozen yogurt has 25 calories per ounce.

However, in 2001 the company stopped selling its frozen yogurt due to a lack of demand.

Other food items that dairy queen serves are:

  1. Peanut Butter Parfait
  2. Bacon Cheese Grill burger
  3. Triple Chocolate Brownie
  4. Hot Fudge Sundae
  5. Misty Slush
  6. Chilli Cheese Dog
  7. Banana Split
  8. Crispy Chicken Sandwich
  9. Dilly Bar
  10. Flame Thrower Grillburger and
  11. Fries

Dairy Queen Founder Murdered – Is It True?

Located in the western coal region, the town of Madisonville, Kentucky, was the best town on the earth.

The town has multiple lakes, rolling blue hills, and thick forest.

But soon, the best town on the earth was going to meet a hideous crime that shocked the locals to their cores.

Anna Mae “Ann” Branson, a local multi-millionaire and the owner of the town’s first Diary Queen, was founded dead on a winter day on January 13, 2003.

She was found in her basement with signs of a violent attack surrounding her.

She was vigorously murdered by the killer stabbing her 97 times. After post-mortem and further investigation, it turned out that Russel Winstead, the nephew of 85-year-old Branson, killed his aunt for gambling money.


Exciting Facts About Dairy Queen

No matter how many times you went to Dairy Queen, we bet you don’t know about these facts listed below:

1. Most-Popular Blizzard Was’t Always On The Menu

Dairy Queen Blizzard

The Blizzard is the most popular item of Dairy Queen. However, it wasn’t on the Dairy Queen menu from the start and took around 45 years to get on the menu.

In fact, the Blizzard went so massive that the New York Times covered it for about a year after it was launched.

2. Blizzards Are Not Ice Creams

Blizzards Are Not Ice Creams

Yes, your favorite ice cream from Dairy Queen isn’t even an ice cream.

According to the United States Food And Drug Administration (FDA), they have some specific requirements for something to be called ice cream, and Dairy Queen’s Blizzard doesn’t match that criteria.

Even the Diary Queen’s official website states that their soft serve doesn’t qualify to be called ice cream as ice cream contains a minimum of 10 percent butterfat content, while the soft serve of Dairy Queen only contains 5 percent of butterfat content.

3. The Secret Soft-Serve Recipe

The Secret Soft-Serve Recipe

Despite serving various food items in their restaurants, their soft-serve recipe remains confidential.

The recipe is so secret and important that the executives won’t even discuss it in the meetings or any interviews.

4. The Band No Doubt Started At Dairy Queen

The Band No Doubt Started At Dairy Queen

Yes, you read it correctly, the famous po-punk bank from the 90s was formed at the Dairy Queen.

While whipping chocolate-dipped cones, John Spence, Gwen Stefani, and her brother Eric decided to get serious about their music and start a band.

5. The Upside-Down Blizzards

If you have ever ordered blizzards, then most of the time, they have served it upside-down, and there’s a reason for doing that.

Dairy Queen states that they do things differently and defy gravity. Well, by serving their blizzards upside-down, they show that their blizzards are thick and creamy, and they really defy gravity.

6. Working On Being a Cage-Free Consumer

Working On Being a Cage-Free Consumer

Dairy Queen uses eggs to make many desserts like Blizzard and other hot food items.

However, in 2016 due to pressure from the animal rights group, Dairy Queen promised to change its sourcing location.

They planned to purchase eggs from farms that keep their chickens on a free-range and non-caged basis.


Conclusion

Despite facing many controversies over the years, Dairy Queen is still among the favorite restaurant chain of many people.

They introduced many food items over the year, but their soft-serve remains the same and the most popular.

We hope this article gave you every answer on question of who owns Dairy Queen and its other controversies.


FAQs

What Company Owns Dairy Queen?

Dairy Queen is owned by Berkshire Hathaway Inc. and International Dairy Queen Inc.

Which Store Is The Highest Earning Store Of Dairy Queen?

The store located at second street in Manchester ended 2022 as the highest-earning store in all of America.

Who Is The Biggest Competitor of Dairy Queen?

Dairy Queen’s main competitors are Chipotle Mexican Grill, Jack in the Box, and White Castle.

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