Carvel

Founded: 1934 Franchising since: 1947
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.

200 Glenridge Point Pkwy., #200 Atlanta, Georgia 30342

Phone: (404)255-3250

Franchisor has 75 employee(s); 50 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	462	0	42	0
2008	485	2	41	20
2007	510	2	34	0
2006	576	2	0	23
2005	520	2	1	0

Where Seeking Franchisees
In the U.S. 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
Worldwide

Exclusive territories available.

Total investment: $270.4K-351.3K Franchise fee: $30K

Ongoing royalty fee: $2.07/gallon Term of agreement: 20 years, renewable

Express/kiosk option available

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	Yes
Payroll	No	Yes

Qualifications
Net worth requirement: $300K+
Cash liquidity requirement: $100K+
Business Experience:

• General business experience

Operations

• 25% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 6
• Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training

• Available at headquarters: 10 days
• At franchisee's location: 5 days
• Additional training annually

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks
• Regional advertising

Other marketing support

• Broadcast media

Franchise 500® rank:
#176 (2008); #165 (2007); #93 (2006); #125 (2005);

Fastest-Growing Franchises:
#72 (2007); #75 (2006); #98 (2005);

Low-Cost Franchises:
#33 (2005);

America's Top Global Franchises:
#136 (2008); #158 (2007); #78 (2006); #138 (2005);