Food & Beverage FDD Analyzed

Carvel

Carvel Franchisor SPV LLC

Atlanta, GA Website FDD: March 31, 2025
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Investment Range

$392,375 - $785,850

Franchise Fee

$30,500

Royalty

6%

Marketing Fee

10.5%

Total Units

336

Median Revenue

$480,774/yr

Unit Growth

Last 5 years

2022

328

-0.6%

2023

326

+3.1%

2024

336

Initial Investment Breakdown

CategoryLowHigh
Initial Franchise Fee¹$30,500$30,500
Construction and Build Out Costs²$128,600$318,000
Permitting³$550$4,100
Equipment Package⁴$134,000$208,000
Furniture⁶$3,800$4,300
+ 17 more categories (apply to see all)
TOTAL INVESTMENT$392,375$785,850

Financial Performance Data

Access detailed revenue metrics, expense breakdowns, and profitability data from the Item 19 Financial Performance Representation.

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Franchisee Contact Directory

194

Connect directly with existing franchise owners to learn about their experience, get real insights, and validate your decision.

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Is Carvel a Good Investment?

Based on the FDD data, here are key factors to consider when evaluating a Carvel franchise opportunity:

Potential Advantages

  • Growing network with 336 locations
  • Financial Performance Representation (Item 19) available for review

Considerations

  • Litigation history disclosed in FDD (review Item 3 carefully)
  • Higher initial investment requires significant capital

Disclaimer: This analysis is based on publicly available FDD data and should not be considered financial advice. Always consult with a franchise attorney and accountant before making any investment decision.

Frequently Asked Questions About Carvel

How much does a Carvel franchise cost?

The total initial investment for a Carvel franchise ranges from $392,375 to $785,850. This includes the franchise fee, equipment, inventory, real estate, and other startup costs as disclosed in the FDD.

What is the Carvel franchise fee?

The initial franchise fee for Carvel ranges from $30,500 to $30,500.

What are the ongoing fees for a Carvel franchise?

Carvel franchisees pay a 6% royalty fee and a 10.5% marketing/advertising fee on an ongoing basis.

How many Carvel franchise locations are there?

Carvel currently operates 336 franchise locations. This includes both franchised and company-owned units.

Quick Facts

Litigation Disclosed
Bankruptcy None
Protected Territory Yes
Item 19 (FPR) Available
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