How to Buy a Carvel Franchise

Carvel Ice Cream is known for offering quality soft ice cream, hand dipped ice cream, ice cream cakes and novelties. Buy a Carvel franchise and become part of a company that offers pre-opening support, training, marketing programs and ongoing operational support. Join this leader in the ice cream industry by following these steps to open your own Carvel franchise.

Difficulty: Moderately Challenging

Instructions

1. Review the franchise and geographic requirements outlined on the Carvel website. The minimum financial requirement is $100,000 liquid cash and $300,000 total net worth. The geographic requirements include a certain population and targeted demand generators in the area.

2. Read the full store development costs as stated on the Carvel website. On-going franchise fees include a royalty of six percent of gross sales and up to three percent of gross sales for advertising expenses.

3. Submit the online Request for Consideration Form (RFC) found at Carvel's website. Questions on the form include contact information, business background, employment history and financial information.

4. Meet with a regional Franchise Sales Director to discuss your questions and concerns after they have reviewed and processed your RFC.

5. Receive and review the disclosure statement and franchise agreement.

6. Complete the franchise application, and submit it to your regional Franchise Sales Director. Your application will then be put together in a review package and will be handed over the Carvel's franchise review committee.

7. Sign the franchise agreement, and pay the franchise fee. The franchise fee for Carvel Full Store is $30,000 and $15,000 for a Carvel Express.

Tips & Warnings

• Franchise fees include the initial franchisee fee, continuing royalty payments, advertising fees and other expenses outlined by the franchise agreement.
• The franchise agreement will outline what type of control you, as the franchisee, have over certain decisions.
• Before signing a franchise agreement, consult a lawyer and accountant who will help you understand the risks involved with buying a franchise.
• Always investigate a franchisor thoroughly before signing any type of agreement with them.

Who Can Help:

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Resources

• Visit Carvel's website for information franchises.
• Visit the FTC's