#199
At a Glance
Products & Services: Ice cream & ice cream cakes
Number of Locations: 449
Total Investment: $243.38K - 354.55K
Founded: 1934
Began Franchising: 1947
Private Owned
About Carvel
In 1934 Tom Carvel opened his first ice cream shop in Hartsdale, New York. Over the years, he developed formulas and equipment for creating and serving his ice cream. The company started franchising in 1947, and by 1951 had opened 100 stores.Today the company distributes its line of ice cream, cakes, pies and other treats in its own locations and in stadiums, club stores and supermarkets.
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 399 | 0 | 35 | 15 |
| 2010 | 417 | 0 | 41 | 18 |
| 2009 | 462 | 0 | 42 | 0 |
| 2008 | 485 | 2 | 41 | 20 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $243,375 - $354,550
Franchise Fee: $30,000
Ongoing Royalty Fee: $2.11/gallon
Term of Franchise Agreement: 20 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: $2.11/gallon
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $100,000
Operations
25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 - 6. Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
| Payroll |
How This Franchise Supports Franchisees
Training: Available at headquarters: 10 days. At franchisee's location: 5 days. Additional training annually
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
Other marketing support: Broadcast media
Franchise Ranking History
Franchise Search
Featured Franchises For Sale
Advertisement
Buy a Business or Franchise with Your Retirement Funds
Use IRA and 401(k) funds to start a business or Franchise - No Tax penaltiesClick HERE for More Info
