How many Carvel outlets were transferred in Florida during 2023?

According to Carvel's 2025 Franchise Disclosure Document, there were 2 transfers of Carvel outlets in Florida during 2023. This information is based on the table provided in Item 20, which details outlet transfers by state and year.

For a prospective franchisee, outlet transfers can be an important indicator of franchise stability and market activity. A high number of transfers might suggest franchisees are eager to sell their locations, while a low number could indicate stability. In this case, 2 transfers in Florida during 2023 could be considered a moderate level of activity.

It's important to note that transfers don't necessarily reflect negatively on the franchise. Franchisees may transfer their stores for various personal or business reasons. However, a prospective franchisee should investigate the reasons behind these transfers to better understand the market dynamics in Florida. Reviewing transfer rates over several years, as presented in the table, provides a more comprehensive view than looking at a single year in isolation.