How many franchised Carvel outlets were operating at the start of 2023?
Carvel Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets At The Start Of The Year | Outlets At The End Of The Year | Net Change |
|---|---|---|---|---|
| 2022 | 327 | 328 | +1 | |
| Franchised | 2023 | 328 | 326 | -2 |
| 2024 | 326 | 336 | +10 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 93–99)
What This Means (2025 FDD)
According to Carvel's 2025 Franchise Disclosure Document, there were 328 franchised Carvel outlets operating at the start of 2023. This number reflects the outlets that were open and operated by franchisees as of the beginning of the year.
This information is crucial for potential franchisees as it provides a snapshot of the brand's established presence and scale of operations at that time. It's important to note that this figure does not include franchisees who had signed agreements but had not yet opened their shops, nor does it include agreements that were terminated before the shop's opening.
Understanding the number of operating franchises at the start of the year, alongside data on openings, terminations, and net changes, helps prospective franchisees assess the stability and growth trajectory of the Carvel franchise system. Reviewing these figures over several years, as presented in the FDD, can reveal trends and potential areas of concern or opportunity.