What was the total franchise and other rental revenues for Carvel in the fiscal year ended 2023?
Carvel Franchise · 2025 FDDAnswer from 2025 FDD Document
| December 29, | December 31, | |
|---|---|---|
| For the fiscal years ended: | 2024 | 2023 |
| Operating lease income |
Source: Item 23 — Receipts (FDD pages 100–353)
What This Means (2025 FDD)
According to Carvel's 2025 Franchise Disclosure Document, the total franchise and other rental revenues for the fiscal year ended December 31, 2023, was $9,352.
This figure represents the combined income Carvel received from franchise fees and rental activities during that fiscal year. Franchise revenues are generated from fees paid by franchisees, while rental revenues likely come from leasing properties or equipment to franchisees.
Prospective Carvel franchisees should consider this revenue figure in the context of Carvel's overall financial performance. Understanding the different revenue streams can help potential franchisees assess the financial stability and potential profitability of the Carvel franchise system.