Carvel franchise

Average annual revenue

Average net sales were $496,287 for 104 streetside franchises that operated throughout fiscal 2025. The issuer footnote identifies 272 streetside franchises and 359 total operating franchises at December 28,2025, but does not explain all sample exclusions or supply the full Net Sales definition. Exact sample geography, median, range and fiscal calendar are unreported on this page; the advertised 2026 FDD remains unacquired. The adjacent contact sentence names Cinnabon while the Carvel registration label names Carvel Franchisor SPV LLC; that identity wording conflict is preserved. Sales do not deduct all operating expenses and are not owner income. The issuer warns individual results may differ. Streetside franchises only; no pooled traditional/nontraditional, full-shoppe or co-brand mean inferred

Worldwide locations

≥359 worldwide lower bound from Carvel’s operating-franchise count as of December 28, 2025. The selected December 28, 2025 operating population supports an inferred worldwide lower bound only; no exact worldwide or U.S. full-system total is established. Geography is not expressly delimited in the operating-franchise footnote. Company-operated units are not included or enumerated there; no outside-region or ownership component is added. Traditional and nontraditional branded outlets may be included. Co-branded premises are not deduplicated across brands and these counts must not be summed into unique physical buildings. Grocery product distribution points, franchise awards, future development and parent totals are excluded. The source is an official webpage readback, not an acquired original HTML response or FDD. The FDD year mentioned on a webpage does not certify current filing effectiveness, original authenticity or complete exhibit review. No current owner identity, income, revenue per unit or typed U.S. count is inferred. All historical entries and typed fields remain unchanged. The same corporate source family also reports 400 locations currently in operation (not expressly delimited; undated brand operating claim). Its census date and reconciliation with the dated franchise subset are unresolved; retained as an alternative, not substituted for the dated observation. The page’s legal text unexpectedly names Cinnabon as FDD request contact. This known source anomaly remains unresolved; the Carvel-branded size statement and Carvel registration wording remain distinct. No reserved Cinnabon research operation is proposed.

Opening investment

$428,405–$1,051,200 for Full Shoppe; $75,225–$233,300 for Express Shoppe; $38,850–$100,500 for Hosted Express Shoppe; $126,975–$327,550 for Ice Cream Truck; $463,250–$1,136,500 for Cinnabon Co-Branded Shoppe in the 2026 FDD Item 7 tables, including $35,500 (Initial Franchise Fee (Full Shoppe)) and $32,500–$50,000 (Additional Funds - 3 Months (Full Shoppe)).