What is the highest estimated cost for truck costs for 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 |
|---|
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 truck costs is $185,700. This estimate covers the expenses associated with purchasing a truck from an Approved Supplier and customizing it to meet Carvel's standards.
This includes the cost of fitting out the truck's interior and exterior, adding signage and vehicle wrapping, installing a generator, and obtaining the necessary license tags and permits. The estimate assumes the franchisee will purchase the truck outright rather than financing it.
For a prospective Carvel franchisee, this means that if they choose to operate an Ice Cream Truck, they should budget up to $185,700 for these initial truck-related expenses. It is important to note that this figure could vary depending on the specific Approved Supplier chosen, the level of customization desired, and local permitting fees.