6/10

Franchimp Summary Rating

4 /10
Earnings Transparency
8 /10
Investment Accessibility
Lower than 20% of peers

Franchise Summary

Description
The Carousels franchise is a beloved entertainment brand that offers family-friendly experiences centered around beautifully designed carousel rides featuring a variety of themed animals and characters. With a focus on accessibility, community engagement, and unique themed designs, the franchise continues to grow and attract visitors of all ages.
Corporate Structure
We are a Florida limited liability company established on September 12, 2018. Our business address is 5103 Lena Road, Suite 112, Bradenton, FL 34211. We conduct business under our corporate name Carousel’s Franchise Group, LLC and under the Carousel’s Soft Serve Icery trade name. Our business is operating the Carousel’s franchise system and granting franchises to third parties like you to develop and operate a Carousel’s. We have only recently begun offering franchises on approximately April 6, 2021. Other than as discussed above, we are not in any other business, we have not conducted business in any other line of business, we do not conduct or operate a Franchised Business of the type to be operated by a franchisee, and we have not offered or sold franchises in any other line of business. Our parent company is Carousel’s, LLC, a Florida limited liability company established on March 29, 2018. We do not have any predecessors. Our registered agents for service of process are disclosed in Exhibit B of this Disclosure Document.

Earnings Transparency

4 /10
This Franchise discloses slightly less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

FAQ

How much investment do I need to start my own Carousels business?
Franchisees typically require at least $207 to $318 investment to get their Carousels business started
What are the initial franchise fees for Carousels?
Franchisees typically need to pay at least $25 in fees directly to Carousels in order to earn the right to launch their business
How much money can I make with a Carousels franchise? What are the average revenues for a typical Carousels business?
We haven’t done the math on how much revenue a typical Carousels brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Carousels to generate a similar amount
How long do I need to commit to running a Carousels unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

8 /10
The Franchisor's investment costs ranges from $207,750 to $318,750 which is Much Lower 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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