What is the estimated high cost for travel and living expenses during training for a Carvel franchise?
Carvel Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Low | High | Payment | Due | Made | | Travel and Living | $4,100 | $6,300 | As incurred | Before opening | Airlines, hotels and restaurants | | Expenses during | | | | | | | Training 19 | | | | | |
Source: Item 7 — Estimated Initial Investment (FDD pages 42–52)
What This Means (2025 FDD)
According to Carvel's 2025 Franchise Disclosure Document, the estimated high cost for travel and living expenses during training is $6,300 for a standard Carvel shop. For an Express Shoppe, the high estimate is $3,300.
This estimate covers the expenses for two required trainees attending either six days of management training for a standard shop or two days for an Express Shoppe. For Co-Branded Shoppes, the training is ten days. The high estimate also includes the Primary Contact's attendance for two days of Primary Contact Training, assuming they are not one of the required trainees.
The estimate assumes each trainee will incur $250 to $300 per day for hotel and living expenses, plus a $300 to $500 flight expense. These costs can fluctuate based on the trainee's origin, travel method, accommodation class, and dining preferences. Franchisees should budget accordingly, keeping in mind that additional training or trainees will incur extra costs not reflected in the estimate.
Prospective Carvel franchisees should carefully consider these estimates and factor in potential variations based on their specific circumstances to ensure they have sufficient capital for the initial training phase. It is advisable to discuss these costs in detail with Carvel's franchise representatives to gain a clearer understanding of potential expenses.