How many Carvel outlets were transferred from franchisees to new owners in Connecticut during 2024?
Carvel Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
Table No. 2 Transfers of Outlets from Franchisees to New Owners (Other than the Franchisor) For Years 2022 to 2024
| State | Year | Number Of Transfers |
|---|---|---|
| 2022 | 1 | |
| Connecticut | 2023 | 0 |
| 2024 | 2 |
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 two transfers of Carvel outlets from existing franchisees to new owners in Connecticut during 2024. This information is detailed in Table No. 2, which specifically tracks these types of transfers for the years 2022 through 2024.
For a prospective Carvel franchisee, this statistic provides insight into the turnover of Carvel franchises within Connecticut. Transfers can occur for various reasons, such as franchisees retiring, pursuing other business ventures, or failing to meet Carvel's operational standards. A higher number of transfers might indicate instability or challenges within the market, while a lower number could suggest franchisee satisfaction and success.
It's important to note that this data only reflects transfers to new owners and does not include instances where Carvel reacquired the franchise. Reviewing transfer rates over several years, as provided in the table, can offer a more comprehensive understanding of franchise transitions within specific regions. A potential franchisee should investigate the reasons behind these transfers to assess the health and stability of Carvel franchises in Connecticut.