Carvel

The Carvel franchise was founded in 1934 and began franchising in 1947. It was founded by Tom Carvel, who opened the first Carvel location n Hartsdale, New York. Fast forward to today, and the franchise has over 400 franchise and foodservice locations in more than 20 states and over 10 countries. The franchise distributes its own line of ice cream, cakes, pies and more in its own locations and in stadiums, club stores and supermarkets. The franchise is looking to work with prospective franchise owners who are passionate about the brand, have a business background or the desire to run a business, and want to give back to their community. 

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Carvel Franchise Cost and Requirements for 2024

Background

If there is one thing Americans like, it is ice cream. Annually. Americans eat 23 pounds of ice cream and frozen dessert, according to the International Dairy Foods Association (IDFA). Ice cream is an in-demand, feel good business that makes people happy to com back for more. If you are looking to invest in this booming industry, then look no further than the Carvel franchise. Founded in 1934 and franchising since 1947, the franchise was founded by Tom Carvel, who opened the first Carvel location n Hartsdale, New York. Fast forward to today, and the franchise has over 400 franchise and foodservice locations in more than 20 states and over 10 countries. The franchise distributes its line of ice cream, cakes, pies and more in its own locations and in stadiums, club stores and supermarkets. The franchise is looking to work with prospective franchise owners who are passionate about the brand, have a business background or the desire to run a business, and want to give back to their community. Franchise owners can have a full shop, which is 800 – 1,600 sq. ft.;  an express shop, which is 100 – 500 sq. ft.; and Non-Traditional locations, which can range in size depending on its location. These include airports, theme parks, casinos, and more. Franchise owners can also enjoy the franchise's buying power as part of the FOCUS Brand's family. The franchise will be there for you every step op the way. For example, franchise owners and managers can expect training at Carvel College, which provides on-the-job training at a successful Carvel shop. Addiotnally, you will be provided with online access to development support and training tools. 

Company Details

Headquarters: Atlanta, Georgia 
Founded: 1934
First franchise: 1947
International: Yes
Canada: No

 

 

Support and Training Offered By Carvel

In terms of support and training, the franchise owners and managers can expect training at Carvel College, which provides on-the-job training at a successful Carvel shop. Addiotnally, you will be provided with online access to development support and training tools. The franchise also provides marketing and buying power to ensure supply chain support and cost optimization. 

2024 Franchise Requirements Needed to Own a Carvel Franchise.

What does a Carvel Franchise Cost?

Carvel franchise fees for 2024:

Initial Investment $308,550 - $499,900
Net Worth Requirement $350,000 - $675,000
Veterans incentive: Yes
Financing Options: Yes
Cash Requirement $140,000 - $300,000

Is Carvel a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Carvel is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Carvel a Home Based franchise?

No. Carvel is not a home based franchise opportunity.

What Do Carvel Franchise Owners Make?

Click here to find out how much Carvel franchisees make. Carvel offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Does Carvel Offer a Veteran Discount?

Yes. Carvel franchise does offer a veteran discount.

Is Carvel Looking for Franchisees in Canada?

No. Carvel franchise is not looking for Canada franchisees.

Is Carvel Looking for International franchisees?

Yes. Carvel franchise is looking for International franchisees.

Where can I see Carvel's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Frozen Yogurt / Ice Cream

Number of Units Open

100+ UNITS

Cash Required

$100,000 - $250,000

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

Yes

Carvel Franchises for Sale

Click Here to inquire about existing Carvel franchises for sale. We may have Carvel franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.