A large number of small-scale commercial quail farms or 'QUAILARY have been established in Bangladesh in the recent years. The present study is based on primary data collected from 76 quail farms in Dhaka metropolitan city. The findings of the study clearly indicate that the large layer quail farms are more profit earners than the small layer farms. The results also show that chicks or pullet production is highly profitable, compared to egg production. Cobb-Douglas production function analysis suggests that most of the selected variables had significant impact on the quail farmers' return. The study identified a number of problems of raising quail such as high prices of feed, inadequate institutional credit, lack of veterinary services and medicine, lack of training on quail husbandry and inadequate product marketing facilities. Based on the research of the study, a tentative plan for setting up of a quail layer farm is also developed.