Carvel
Cherry Franchise Broker
Total investment:
$ 247,474
Franchise fee:
$ 30,000
Royalty fee:
2.38/gallon
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1934
Franchise since: 1947
Company owned units:
Franchise owned units: 373
Total number of units:
Number of employees per unit: 2-6
Contract period: 60 month
FRANCHISE ONLINE
WEBSITECarvel distributes its line of ice cream, cakes, pies and other treats in its own locations and in stadiums, club stores and supermarkets. In 1934 Tom Carvel opened his first ice cream shop in Hartsdale, New York. The company has operated retail stores selling ice cream and other frozen desserts and has granted franchises for these stores since 1947. As of 2018, Carvel operates more than 400 franchise and foodservice locations in more than 20 states and over 10 countries.
On-The-Job Training: 80 – 90 hours
Classroom Training: 32 – 34 hours
Additional Training: Additional training annually
Net-worth Requirement: $350,000
Liquid Cash Requirement: $140,000 Ad Royalty Fee: $2.08/gallon
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