What is the estimated low and high range for truck costs associated with opening a Carvel franchise?
Carvel Franchise · 2025 FDDAnswer from 2025 FDD Document
y 21 | $500 | $1,600 | As incurred | Before opening | Vendors | | Additional Funds – 3 Months 22 | $500 | $6,500 | As incurred | As incurred | Us, employees, vendors, etc. | | Total Initial Investment 23, 24 | $38,800 | $99,800 | | | |
YOUR ESTIMATED INITIAL INVESTMENT: ICE CREAM TRUCK
| Amount of | Expenditure | Method of | When | To Whom | |
|---|---|---|---|---|---|
| Type of Expenditure | Low | High | Payment | Payments Are Due |
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 cost for truck costs ranges from $69,000 to $185,700. This estimate encompasses the expenses associated with customizing the truck's interior and exterior to meet Carvel's standards.
The estimate includes the cost of the vehicle fit-out, exterior signage, vehicle wrapping, the generator, license tags, and any necessary permits. Carvel requires franchisees to purchase the truck from an Approved Supplier.
It is important to note that this estimate assumes the franchisee will purchase the truck outright and not finance the purchase. Therefore, prospective franchisees should consider this factor when budgeting for their initial investment.