Carvel Franchise

Since its inception in 1934, the Carvel name has been synonymous with delightful ice cream and delicious frozen desserts. With a rich history of franchising since 1947, Carvel offers a time-tested franchise opportunity for entrepreneurs looking to break into the popular ice cream sector.

Franchise Models

Carvel offers two distinct franchise models to suit different business needs:

• Carvel Full Store: This model allows you to produce and sell a full range of Carvel products, ensuring a comprehensive ice cream shop experience.
• Carvel Express Store: Designed for smaller spaces, this model focuses on producing and selling a selected range of Carvel treats.

Training and Support

Carvel is committed to the success of its franchisees, providing extensive training programs that encompass various tools such as films, slide presentations, and lectures. The initial training will span over 10 days before the opening of your Carvel Full Store, covering everything from ice cream production to in-store operations.

Investment and Financial Requirements

Starting a Carvel franchise involves a range of costs that vary based on the type of store setup and location. Here is a breakdown of the initial investment:

• Initial Franchise Fee: $30,000
• Real Estate and Improvements: Varies
• Construction Built-Out: $85,000 - $185,000
• Architect: $3,000 - $10,500
• Permits and Licenses: $1,500 - $3,000
• Signs, Graphics and Grand Opening Advertising: $16,000 - $25,000
• Large Equipment: $78,000 - $87,000
• Molds and Small Wares Package: $10,000
• Opening Inventory: $7,624
• Training Expenses: $1,750 - $2,000
• Initial Inventory Labels: $800
• Security Deposit: $1,500 - $6,000
• Business Insurance: $1,500 - $2,500
• Additional Funds: $10,800 - $19,300
• Total Estimated Investment: $247,474 - $388,724

Ongoing Fees

• Royalty: $1.93 per liquid gallon of mix purchased
• Advertising Contribution: $1.71 per liquid gallon of mix purchased
• Minimum Advertising Contribution: $11,115
• Carvel Savings Plan: As negotiated
• Replacement Manager Initial Training Fee: Up to $500 per trainee
• On-site Training and Assistance: $50 per hour plus trainers’ expenses
• Consulting Fee: $500 per day
• Non-Proprietary and Proprietary Products: Varies
• Interest: Lesser of Maximum legal interest rate or 12% per year
• Relocation Extension Fee: $1,000 per year of extension on term
• Transfer Fee: $7,500 for a Full Store; $5,000 for a Carvel Express Store
• Renewal Fee: The then-current initial Franchise fee
• Indemnification Cost: Attorney’s Fees Cost

Territory and Renewal

Carvel franchises do not offer territorial rights or protections. You are licensed to operate in a specific location approved by Carvel, and the initial term of the franchise agreement is 20 years. Franchisees can renew for an additional 20 years if they meet the renewal requirements.

Key Takeaways

• Established brand with a history of success since 1934.
• Two franchise models to suit different business needs.
• Comprehensive training and ongoing support.
• Diverse initial investment ranging from $247,474 to $388,724.
• Flexible renewal options available after 20 years.

If you're ready to explore this sweet business opportunity, request more information or download the franchise disclosure document (FDD) to get started!