Carvel
Ice cream & ice cream cakesBackground
Founded: 1934 Franchising since: 1947
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.
Franchisor has 75 employee(s); 50 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West virginia
Worldwide
Exclusive territories available.
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.
|
200 Glenridge Point Pkwy., #200 Atlanta, Georgia 30342 |
Phone: (404)255-3250 |
Franchisor has 75 employee(s); 50 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 462 | 0 | 42 | 0 |
| 2008 | 485 | 2 | 41 | 20 |
| 2007 | 510 | 2 | 34 | 0 |
| 2006 | 576 | 2 | 0 | 23 |
| 2005 | 520 | 2 | 1 | 0 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West virginia
Worldwide
Exclusive territories available.
Costs and Fees
|
Total investment: $270.4K-351.3K Franchise fee: $30K |
Ongoing royalty fee: $2.07/gallon Term of agreement: 20 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Qualifications
Net worth requirement: $300K+
Cash liquidity requirement: $100K+
Business Experience:
- General business experience
Operations
- 25% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 6
- Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
Other marketing support
- 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
Rankings
Franchise 500® rank:
#176 (2008); #165 (2007); #93 (2006); #125 (2005);
Fastest-Growing Franchises:
#72 (2007); #75 (2006); #98 (2005);
Low-Cost Franchises:
#33 (2005);
America's Top Global Franchises:
#136 (2008); #158 (2007); #78 (2006); #138 (2005);
#176 (2008); #165 (2007); #93 (2006); #125 (2005);
Fastest-Growing Franchises:
#72 (2007); #75 (2006); #98 (2005);
Low-Cost Franchises:
#33 (2005);
America's Top Global Franchises:
#136 (2008); #158 (2007); #78 (2006); #138 (2005);