Carvel franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.44 ↗

Franchise fees and ongoing costs

Franchise fee

$5,500 to $71,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

6% · 6% of Net Sales, payable weekly

Marketing contribution

3% (basis not captured; see original filing)

Technology fee

Learning Management System License Fee $170/year; POS System Support Fee $70-$250/month; POS System license/lease fees $159-$967/month depending on CapEx or HaaS program

Other fees

Not captured

Working capital (FDD Item 7)

Full Shoppe $32,500-$50,000; Express Shoppe $2,000-$10,500; Hosted Express Shoppe $500-$6,500; Ice Cream Truck $250-$5,500; Co-Branded Shoppe $37,000-$54,000 (3 months' working capital, as incurred)

Fees sourceFDD p.31 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.44 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Average, median, and quartile Net Sales (no profit/expense data) for single-branded Full Shoppes in Streetside Locations

Reporting period

Fiscal Year 2025 (ended December 28, 2025)

Sample

104 of 272 Single-Branded Streetside Franchises (38.2%) that used the designated POS System and reported sales in all 52 weeks of FY2025

Reported average

$496,287

Reported median

$469,711

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.92 ↗

Unit growth: Item 20

Reporting year

2025

Scope

franchised outlets

Starting outlets

336

Year-end outlets

359

Net change

+23

Derivation

ending minus starting outlets

Openings

35

Terminations

8

Non-renewals

4

Other closures

0

Reacquisitions

0

Transfers

10

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.93 ↗

SBA loan history

Loan activity

0 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

Not captured

Median loan window

Not captured

Median loan sample

Not captured

Historical charge-off share

Suppressed: fewer than 10 seasoned loans

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

0 / 7

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Carvel franchise cost?

Full Shoppe: $428,405 to $1,051,200; Express Shoppe: $75,225 to $233,300; Hosted Express Shoppe: $38,850 to $100,500; Ice Cream Truck: $126,975 to $327,550; Cinnabon Co-Branded Shoppe: $463,250 to $1,136,500 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $5,500 to $71,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.44 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Carvel owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average, median, and quartile Net Sales (no profit/expense data) for single-branded Full Shoppes in Streetside Locations. Sample: 104 of 272 Single-Branded Streetside Franchises (38.2%) that used the designated POS System and reported sales in all 52 weeks of FY2025. Period: Fiscal Year 2025 (ended December 28, 2025).

Item 19 performance sourceFDD p.92 ↗

What's the SBA charge-off rate for Carvel?

Suppressed: fewer than 10 seasoned loans; numerator / denominator: 0 / 7. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability.

SBA loans sourceSBA data · Jun 30, 2026 ↗