table_specific

How many Carvel outlets were reacquired from franchisees in 2022?

Carvel Franchise · 2025 FDD

Answer from 2025 FDD Document

-------------------|------|---------------------| | | 2022 | 1 | | Connecticut | 2023 | 0 | | | 2024 | 2 | | | 2022 | 0 | | Delaware | 2023 | 0 | | | 2024 | 0 | | | 2022 | 1 | | District of Columbia | 2023 | 0 | | | 2024 | 0 | | | 2022 | 1 | | Florida | 2023 | 2 | | | 2024 | 0 | | | 2022 | 0 | | Massachusetts | 2023 | 0 | | | 2024 | 1 | | | 2022 | 1 | | New Jersey | 2023 | 4 | | | 2024 | 1 | | | 2022 | 11 | | New York | 2023 | 10 | | | 2024 | 14 | | | 2022 | 15 | | Totals | 2023 | 16 | | | 2024 | 18 |

Table No. 3 Status of Franchised Outlets For Years 2022 to 2024

State Year Outlets at Start of Year Outlets Opened Termin ations Non renewals Reacquired by Franchisor Ceased Operations - Other Reasons Outlets at End of Year
2022 0 0 0 0 0 0 0
Alabama 2023 0 0 0 0 0 0 0
2024 0 0 0 0 0 0 0
2022 0 0 0 0 0 0 0
Arizona 2023 0 0 0 0 0 0 0
2024 0 0 0 0 0 0 0
State Year Outlets at Start of Year Outlets Opened Termin ations Non renewals Reacquired by Franchisor Ceased Operations - Other Reasons Outlets at End of Year
2022 2 2 0 0 0 0 4
California 2023 4 0 0 0 0 0 4
2024 4 1 0 0 0 0 5
2022 21 0 1 0 0 0 20
Connecticut 2023 20 1 0 0 0 0 21
2024 21 0 0 0 0 0 21
2022 3 0 0 0 0 0 3
Delaware 2023 3 0 1 0 0 0 2
2024 2 0 0 0 0 0 2
2022 1 0 0 0 0 0 1
District of 2023 1 0 0 0 0 0 1
Columbia 2024 1 0 0 0 0 0 1
2022 30 2 0 0 0 0 32
Florida 2023 32 0 1 0 0 0 31
2024 31 2 1 0 0 0 32
2022 2 0 0 0 0 0 2
Georgia 2023 2 0 0 0 0 0 2
2024 2 0 0 0 0 0 2
2022 0 0 0 0 0 0 0
Illinois 2023 0 2 0 0 0 0 2
2024 2 0 0 0 0 0 2
2022 0 0 0 0 0 0 0
Indiana 2023 0 0 0 0 0 0 0
2024 0 0 0 0 0 0 0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2022 1 0 0 0 1
Kentucky 2023 1 0 0 0 1
2024 1 0 0 0 1
2022 0 0 0 0 0
Maryland 2023 0 0 0 0 0
2024 0 1 0 0 1
2022 4 0 0 0 4
Massachusetts 2023 4 0 0 0 4
2024 4 0 0 0 4
2022 1 0 0 0 1
Michigan 2023 1 2 0 0 3
2024 3 2 1 0

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 93–99)

What This Means (2025 FDD)

According to Carvel's 2025 Franchise Disclosure Document, the number of outlets reacquired from franchisees in 2022 varies by state. For example, in California, Connecticut, Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, and Vermont, Carvel did not reacquire any stores from franchisees. The data reveals that in these specific states, the 'Reacquired by Franchisor' column shows a consistent '0' for the year 2022, indicating no re acquisitions occurred.

This information is crucial for potential franchisees as it provides insight into the stability and relationship between Carvel and its franchisees. The absence of re acquisitions could suggest a healthy franchise system where franchisees are generally successful and satisfied with their businesses. However, it is essential to consider this data in conjunction with other factors, such as terminations and non-renewals, to gain a comprehensive understanding of franchisee turnover.

Prospective franchisees should investigate further to understand the reasons behind these figures. While no re acquisitions might seem positive, it's important to determine if this is due to strong franchisee performance or other factors, such as Carvel's policies on handling underperforming stores. Understanding the context behind these numbers will help franchisees assess the risks and opportunities associated with investing in a Carvel franchise.

It is also worth noting that the data is presented on a state-by-state basis, which allows for a more granular analysis. This level of detail can be valuable for franchisees who are considering specific geographic locations, as it provides insights into the performance and stability of Carvel franchises in those areas.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.