Carvel Franchise
Friday, May 14, 2010 at 12:03AM Shop selling ice cream cakes, pies and other desserts
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.
Start-up Costs & Franchises Fees
What is the total cost to open a Carvel Franchises?
Total Cost: $30,000 USD -$280,000 USD
Total Franchise Fees: $30,000 USD
Ongoing Royalty Fees: $1.82/gal.
Ongoing Advertising Fees:
Term of Agreement: 20 years
Franchise Agreement Renewal Fee: Then current fee
Contact Information for Carvel
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Carvel |
Phone Number: (404)255-3250 |
Carvel In the Press
No results at this time.Historical Expansion
In what year did Carvel begin operations? 1934
When did Carvel begin selling franchises? 1947
Year United States Canada International Corporate 2005 488 3 0 20 2004 500 3 16 0 2003 427 3 0 0 2002 399 3 30 0 2001 354 3 30 2
Future Expansion
United States: 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,
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No No Payroll No No 3rd Party Financing Available? Financing Source(s): various sources
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, Regional advertising support
Franchise Operation Restrictions
International franchise business owners required to buy multiple units/master licenses; 25% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 6
Absentee ownership of franchise is allowed. (90% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes