If applying for a Dq Treat franchise through a business entity, what additional section must be completed?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
INSTRUCTIONS
- 1. If you are applying for a franchise on behalf of a corporation, limited liability company, partnership or other business entity, you must complete all sections of this application and you must submit with your application copies of the following:
- a) For a corporation, the articles of incorporation, by-laws or shareholders agreement, or other documentation evidencing that the corporation has been duly formed and its ownership structure.
- b) For a limited liability company, the articles of organization, operating agreement, or other documentation evidencing that the company has been duly formed and its ownership structure.
- c) For a partnership, the partnership agreement.
- 2. If you are applying to hold the franchise as an individual, you must complete all sections of this application, except for Section II.
- 3. Please be advised that, when forming a corporation, limited liability company, legal partnership or operating company, you must not use DQ Grill & Chill®, Dairy Queen®, DQ®, Blizzard® Orange Julius®, or any other trademarks of IDQ Companies or its subsidiaries in your business name, as it constitutes an improper use of our trademarks and avoids the cost of having to change the name at a later date.
SECTION II BUSINESS ENTITY INFORMATION (to be completed if applying on behalf of a business entity)
If you are applying on behalf of, and desire to hold a franchise through, a business entity (corporation, limited liability company or partnership), you must complete this Section II on behalf of the business entity, and each shareholder, member or partner must complete Section III of this Application. All shareholders, members or partners, as the case may be, must be bound by a buy-out agreement with respect to their interest in the franchise or franchisee entity.
If you desire to hold a franchise through a business entity that has yet to be formed, you should include in Section III all individuals that will have an ownership interest in the future business entity. If your application is approved, we will prepare the Operating Agreement in the names of the individual
Source: Item 17 — The following paragraph is added to the end of Item 17 of the Disclosure Document: (FDD pages 70–378)
What This Means (2025 FDD)
According to the 2025 Dq Treat Franchise Disclosure Document, if you are applying for a franchise on behalf of a business entity such as a corporation, limited liability company, or partnership, you must complete all sections of the application, including Section II, which is specifically for business entity information. Additionally, you must submit copies of specific documents related to your business entity's formation and ownership structure. For a corporation, this includes articles of incorporation, by-laws, or shareholders agreement. For a limited liability company, you need to provide articles of organization or the operating agreement. If applying as a partnership, the partnership agreement is required.
Furthermore, each shareholder, member, or partner within the business entity must complete Section III of the application. All shareholders, members, or partners must be bound by a buy-out agreement regarding their interest in the franchise or franchisee entity. If the business entity has yet to be formed, all individuals who will have an ownership interest in the future business entity should be included in Section III.
It is important to note that Dq Treat prohibits the use of their trademarks, such as DQ Grill & Chill®, Dairy Queen®, DQ®, Blizzard® Orange Julius®, or any other trademarks of IDQ Companies or its subsidiaries, in the business name of the formed entity. This is to avoid improper use of their trademarks and the potential costs associated with changing the name later.