factual

Which schedule outlines the initial and ongoing requirements for a Carvel franchise?

Carvel Franchise · 2025 FDD

Answer from 2025 FDD Document

Schedule Schedule Truck Shoppe Schedule
Schedule Schedule
a. Site selection and 5 20.G. 20.G., H. Not Not Not 5, 6, 7, 8,
acquisition/ lease applicable applicable applicable 11 and 12
b. Pre-opening 5, 6, 7, 10, 20.H. 20.I. 20.J. 20.G. 20.G. 5, 7, 8, 11
opening
--- --- --- --- --- ---
requirements
d. Initial and ongoing 11 Not Not Not Not Not 11

Source: Item 9 — Franchisee's Obligations (FDD pages 56–58)

What This Means (2025 FDD)

According to Carvel's 2025 Franchise Disclosure Document, Item 11 outlines the initial and ongoing requirements for franchisees. Specifically, a table within Item 11 references different schedules related to franchisee obligations, including site selection, pre-opening, and initial and ongoing requirements. The table indicates that Schedule 11 pertains to the initial and ongoing requirements for a standard Carvel Shoppe.

However, the table also indicates that the schedules for initial and ongoing requirements differ based on the franchise type. For example, the requirements for a standard Carvel Shoppe are found in Schedule 11, while the requirements for a Carvel Truck, Carvel Express Shoppe, or Carvel Hosted Express Shoppe are 'Not Applicable'. This means that the specific obligations for these alternative franchise formats are detailed elsewhere in the FDD or related agreements.

Prospective Carvel franchisees should carefully review Item 11 and the referenced schedules to understand the full scope of their initial and ongoing obligations. It is especially important to note which schedule applies to the specific franchise type they are considering, as the requirements can vary significantly. Franchisees should also consult with Carvel representatives to clarify any uncertainties regarding these obligations before signing the franchise agreement.

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.