4/10

Franchimp Summary Rating

4 /10
Higher than 65% of peers

Franchise Summary

Description
You will operate a Carvel® Ice Cream Shoppe. Carvel® Ice Cream Shoppes are retail Shoppes that sell soft serve ice cream, hand dipped ice cream, novelties and ice cream cakes.
Company Background
Carvel is a family brand that was founded in 1948. Carvel's mission, which it has fulfilled for over 60 years, is to provide customers with the highest quality products and services available. The company provides soft serve ice cream, hand dipped ice cream, novelties and ice cream cakes. They have over 950 stores nationwide across the United States and Canada. With more than 1 million dollars worth of inventory sold every day from their shops alone, we are confident they will continue to grow as America's favorite destination for premium desserts!
Franchise Opportunity
You need to open an ice cream shop and make a lot of money. Ice cream shops are a great business, but they're also really hard work. There's lots of cleaning and you need to be there all the time in case customers want something or if your employees mess up. It can be tough sometimes making sure that everything is running smoothly and that your workers are doing their jobs well. You have other things going on in your life too, like family obligations, hobbies, schoolwork... Carvel makes it easier for you by providing you with an already established location where people will come visit because they love our ice cream! We'll take care of all the clean-up so that when we leave each night at 9 pm (or whenever it is) - the place looks as good as it did before we got here in the morning! Customers know about us from TV commercials and social media marketing campaigns so they'll just keep coming back
Corporate Structure
Carvel Corporation was incorporated as a New York corporation in 1945. In 1959, they were reincorporated as a Delaware corporation. Their principal business address is 200 Glenridge Point Parkway, Suite 200, Atlanta, Georgia 30342.
Investment and Franchisee Fees
Investment

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Carvel Franchisees

Carvel Franchise System Development in 2022

FAQ

How much investment do I need to start my own Carvel business?
Franchisees typically require at least $308,550 to $732,300 investment to get their Carvel business started
What are the initial franchise fees for Carvel?
Franchisees typically need to pay at least $30,500 in fees directly to Carvel in order to earn the right to launch their business
How much money can I make with a Carvel franchise? What are the average revenues for a typical Carvel business?
We haven’t done the math on how much revenue a typical Carvel brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Carvel to generate a similar amount
How long do I need to commit to running a Carvel unit? What is my contractual commitment?
Carvel franchisees are typically required to sign up to a 20 year contract initially. The renewal length is 20 years. You can of course exit early but don’t expect to get any refund!

Accessibility

4 /10
The Franchisor's investment costs ranges from $324,567 to $659,500 which is Much Higher than the $0 to $0 average in the Frozen Desserts industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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