What was the total number of Carvel outlet transfers in 2022?

According to Carvel's 2025 Franchise Disclosure Document, there were a total of 15 outlet transfers in 2022. These transfers represent instances where existing Carvel franchises were sold from one franchisee to another, excluding transfers to the franchisor itself.

Specifically, the data is broken down by state. In 2022, Connecticut had 1 transfer, Delaware had 0, the District of Columbia had 1, Florida had 1, Massachusetts had 0, New Jersey had 1, and New York had 11 transfers. This detailed breakdown offers insight into the geographic distribution of franchise resales within the Carvel system during that year.

Prospective franchisees should consider the number of transfers as an indicator of franchise stability and franchisee satisfaction. A high number of transfers could suggest challenges within the franchise system, while a low number might indicate stability. It's important to investigate the reasons behind these transfers by speaking with current and former franchisees to understand the context and potential implications for their own investment.