What was the total number of Carvel franchise transfers across all states in 2022?
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 were a total of 15 franchise transfers across all states in 2022. This information is presented in a table that outlines the number of transfers by state for the years 2022, 2023, and 2024.
For a prospective franchisee, this number indicates the level of activity in the Carvel franchise system regarding existing franchisees selling their businesses to new owners. A higher number of transfers could suggest a more dynamic market for Carvel franchises, while a lower number might indicate more stability in ownership.
It's important to note that franchise transfers are a normal part of any franchise system as franchisees retire, pursue other opportunities, or sell their businesses for various reasons. Prospective franchisees should inquire about the reasons for these transfers to better understand the health and attractiveness of the Carvel franchise opportunity.