In what year did Carvel have the highest number of outlet terminations, and how many terminations occurred that year?
Carvel Franchise · 2025 FDDAnswer from 2025 FDD Document
-------------------|------|---------------------| | | 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 |
Table No. 3 Status of Franchised Outlets For Years 2022 to 2024
| State | Year | Outlets at Start of Year | Outlets Opened | Termin ations | Non renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Alabama | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Arizona | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| State | Year | Outlets at Start of Year | Outlets Opened | Termin ations | Non renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| 2022 | 2 | 2 | 0 | 0 | 0 | 0 | 4 | |
| California | 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 |
| 2024 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | |
| 2022 | 21 | 0 | 1 | 0 | 0 | 0 | 20 | |
| Connecticut | 2023 | 20 | 1 | 0 | 0 | 0 | 0 | 21 |
| 2024 | 21 | 0 | 0 | 0 | 0 | 0 | 21 | |
| 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| Delaware | 2023 | 3 | 0 | 1 | 0 | 0 | 0 | 2 |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| District of | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| Columbia | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 30 | 2 | 0 | 0 | 0 | 0 | 32 | |
| Florida | 2023 | 32 | 0 | 1 | 0 | 0 | 0 | 31 |
| 2024 | 31 | 2 | 1 | 0 | 0 | 0 | 32 | |
| 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Georgia | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Illinois | 2023 | 0 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Indiana | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
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| 2022 | 1 | 0 | 0 | 0 | 1 | |||
| Kentucky | 2023 | 1 | 0 | 0 | 0 | 1 | ||
| 2024 | 1 | 0 | 0 | 0 | 1 | |||
| 2022 | 0 | 0 | 0 | 0 | 0 | |||
| Maryland | 2023 | 0 | 0 | 0 | 0 | 0 | ||
| 2024 | 0 | 1 | 0 | 0 | 1 | |||
| 2022 | 4 | 0 | 0 | 0 | 4 | |||
| Massachusetts | 2023 | 4 | 0 | 0 | 0 | 4 | ||
| 2024 | 4 | 0 | 0 | 0 | 4 | |||
| 2022 | 1 | 0 | 0 | 0 | 1 | |||
| Michigan | 2023 | 1 | 2 | 0 | 0 | 3 | ||
| 2024 | 3 | 2 | 1 | 0 | 4 | |||
| 2022 | 0 | 0 | 0 | 0 | 0 | |||
| Minnesota | 2023 | 0 | 0 | 0 | 0 | 0 | ||
| 2024 | 0 | 1 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 93–99)
What This Means (2025 FDD)
According to Carvel's 2025 Franchise Disclosure Document, the data provided shows terminations for the years 2022, 2023, and 2024, broken down by state.
In 2022, Carvel had one termination in Connecticut. In 2023, Carvel had one termination in Delaware and one in Florida. In 2024, Carvel had one termination in Florida and one in Michigan.
Therefore, based on the information provided, Carvel did not have a single year with a notably high number of terminations, as the maximum number of terminations in any given year was two. A prospective franchisee should consider these relatively low termination numbers as a potentially positive indicator of franchise stability, but should also investigate the reasons behind any terminations to fully understand the health of the franchise system.