Carvel Franchisor SPV LLC
Key FDD Facts
FreeInitial Investment
$73K - $786K
Item 7 — Estimated Initial Investment
Franchise Fee
$31K
Item 5 — Initial Franchise Fee
Royalty Fee
6% of Net Sales
Item 6 — Continuing Royalty + 3% of Net Sales ad fund
System Size
336 units
Item 20 — Outlets & Franchisee Info (+15 new)
Years in Business
9+ years
Item 1 — Founded 2017
Item 19 (Earnings Claims)
Disclosed
Financial performance data available in FDD
Agreement Term
20 years
Item 10 — Franchise Agreement
Data shown is extracted from the 2025 Franchise Disclosure Document filed with state regulators. Fees, investment ranges, and other terms may have changed since this filing. Always request the current FDD directly from the franchisor before making any investment decisions. This information is not financial, legal, or investment advice. Full disclaimer.
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Industry Benchmarks
vs 388 Food & Beverage peersFood & Beverage Industry Averages
Avg Investment
$573,263 – $1,450,288
Avg Franchise Fee
$37,965
Avg System Size
453 units
Franchises Analyzed
388
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Frequently Asked Questions
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