Carvel
Ice cream, ice cream cakes

About
Founded

1934

Franchising Since

1947 (71 Years)

Corporate Address

5620 Glenridge Dr. N.E.
Atlanta, GA 30342

CEO

Scott Colwell

Parent Company

Focus Brands Inc.

Financial Requirements
Initial Investment

$250,600 - $415,500

Net-worth Requirement

$350,000

Liquid Cash Requirement

$140,000

Ongoing Fees
Initial Franchise Fee

$30,000 - $30,000

Ongoing Royalty Fee

$2.38/gallon

Ad Royalty Fee

$2.08/gallon

Financing Options
Veteran Incentives

$10,000 off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

Social media

SEO

Email marketing

On-The-Job Training:

80-90 hours

Classroom Training:

32-34 hours

Additional Training:

Additional training annually

Absentee Ownership Allowed
Number of Employees Required to Run:

2 - 6

Bio
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.

Cost
Initial Investment: Low - $250,600 High - $415,500
Units
-4.6%-19 UNITS (1 Year) -10.6%-47 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new units internationally.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

5 Steps of the New Model of Revenue Recognition for Franchisors

The new rules around revenue recognition are lengthy and complex. Here's what you need to know.

Here's How You Can Avoid Being a Victim of Franchise Fraud

It is important for prospective franchisees to take adequate steps to protect themselves to avoid being a victim of a fraud

The Top 5 Business Service Franchises From the Franchise 500

Open a franchise and help others with their businesses, too.

These Roommates Changed Their Lives for a Sandwich -- and Built a Franchise Empire

Ashley Morris and Jason Smylie have known each other since they were eight years old. Here's how they maintain a healthy work relationship today.

Want to Buy a Franchise? Here's Your Step By Step Guide

Franchising is one of the safest ways of becoming a business owner

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 20th, 2018
My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.