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Food & Restaurants

Carvel

Carvel
The nation’s first retail ice cream franchise, Carvel enjoys an incredible following of loyal and passionate customers. Our core markets have long been the Northeast and Florida, but current expansion is bringing stores to 62 DMA’s in 21 states. All Carvel retail stores offer for sale a full line of ice cream products including soft serve ice cream, hand dipped ice cream, ice cream cakes and ice cream novelties. All products sold in the store are made fresh in the store. Carvel has more than 550 locations nationally with an additional 150 locations signed.

BACKGROUND

Established: 1934
1st Franchised: 1947
Franchised Units: 550 +
Company Owned Units: 0
Projected New Units (12 Months): 40 Signed / 40 Opened
Registered: All States

FINANCIAL/TERMS

Cash Investment: $120K from Non-Borrowed Funds
Total Investment: $275K - $325K
Minimum Net Worth: $300K
Franchise Fee: $30K (Full Store)
Royalty: $1.99 per gallon of mix
Ad: $1.76 per gallon of mix
Average Number Of Employees: 12 (On Payroll)
Passive Ownership: No / Hands-on owners are needed who are actively involved in running their business

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