How many Carvel outlets were transferred in Massachusetts during 2024?
Carvel Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number Of Transfers |
|---|---|---|
| 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 |
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 was one transfer of a Carvel outlet in Massachusetts during 2024. This information is based on the table detailing transfers of outlets from franchisees to new owners.
Outlet transfers reflect existing Carvel shops changing ownership from one franchisee to another. One transfer in a state like Massachusetts could indicate a stable market with some turnover, or it could simply represent an individual franchisee's decision to sell their business.
A prospective franchisee should consider the number of transfers when evaluating the health and stability of the Carvel franchise system in a particular area. Investigating the reasons behind past transfers can provide valuable insights into the challenges and opportunities of owning a Carvel franchise in Massachusetts.