Of the 266 Single-Branded Streetside Carvel Franchises, how many were considered Eligible Streetside Franchises with data included in Item 19?
Carvel Franchise · 2025 FDDAnswer from 2025 FDD Document
1. Of the 266 Single-Branded Streetside Franchises, 104 (39.1%) were Eligible Streetside Franchises that have data included in this Item 19. The Eligible Streetside Franchises do not include (i) 154 Single-Branded Streetside Franchises that did not use our designated POS System for all of Fiscal Year 2024; (ii) four Single-Branded Streetside Franchises that were operating and using our designated POS System but did not report sales in all 52 weeks of Fiscal Year 2024; and (iii) four Single-Branded Streetside Franchises that opened in Fiscal Year 2024. Three Single-Branded Streetside Franchises closed permanently in Fiscal Year 2024, all of which had been open for at least 12 months prior to closing.
Source: Item 19 — Financial Performance Representations (FDD pages 91–93)
What This Means (2025 FDD)
According to Carvel's 2025 Franchise Disclosure Document, Item 19 includes financial performance data for a subset of their single-branded, streetside locations. Out of 266 Single-Branded Streetside Carvel Franchises, only 104, representing 39.1%, were considered "Eligible Streetside Franchises" with data included in Item 19. These eligible franchises met specific criteria related to their point-of-sale (POS) system usage and sales reporting.
The criteria for a Carvel franchise to be deemed an Eligible Streetside Franchise included reporting sales through Carvel's designated POS system for all 52 weeks of Fiscal Year 2024. The 162 Single-Branded Streetside Franchises that were excluded from the financial performance data consisted of: 154 that did not use the designated POS system, four that were operating and using the designated POS system but did not report sales for all 52 weeks, and four that opened during Fiscal Year 2024. Additionally, three Single-Branded Streetside Franchises closed permanently during the fiscal year, but these were excluded because they had been open for at least 12 months prior to closing.
This means that a significant portion of Carvel franchises were excluded from the financial performance representation in Item 19 due to not using the designated POS system or not reporting sales consistently throughout the year. Prospective franchisees should consider that the financial performance data presented may not be representative of all Carvel Single-Branded Streetside Franchises. It is important to inquire about the performance of franchises that do not meet the criteria for inclusion in Item 19 and to understand the reasons for any exclusions.