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Carvel

Franchise Information

Analyzed filing: MN · File #173188535
Filed: May 26, 2026
FDD Issued: Mar 27, 2026
Extracted: Aug 23, 2026
Needs review cross file fee low critical:previous file=72167|previous=$5,500.00|current=$35,500.00 family consensus investment low tie:family=mn:35783-202604|values=38850,428405|current=38850 family consensus investment high tie:family=mn:35783-202604|values=1051200,1136500|current=1136500
Franchisor Details
Name: Carvel Franchisor SPV LLC
Parent: GoTo Foods LLC
Address: 5620 Glenridge Drive NE, Atlanta, Georgia 30342
Phone: (404) 255-3250
Franchising Since: 2017
Industry & Qualifications
Industry
Food & Beverage
Veteran Discount
43.7%
Franchise Fee
$35,500
Royalty
6.0%
Ad Fund: 3.0%
Total Investment
$39K - $1.14M
Initial Term
20 years
Renewable
Outlet Information
Total Outlets (2025)
360
Franchised
359
Company-Owned
1
Opened (Last Year)
+35
Closed (Last Year)
-12
Churn Breakdown (Last Year)
Terminations
8
Non-Renewals
4
Ceased Ops
0
Transfers
10
Reacquired
0
Item 19 (Financial Performance)
Disclosed
Data for Fiscal Year 2025 (ended December 28, 2025), limited to Eligible Streets...
Financial Performance (Item 19)
Avg Unit Volume (through Dec 2025)
$496,287
Median
$469,711
Top 25% Avg
$706,810
Bottom 25% Avg
$248,690
Highest
$1,458,901
Lowest
$83,828
% Achieving Avg
45.0%
Sample Size
104 units
Legal History
Litigation: None
Bankruptcy: None
Number File name Source State Filing Date Actions
1103498253 MN_35783-202604-05_carvel-franchisor-spv-llc.pdf
Alternate source copy · newest filing
MN May 26, 2026 Restricted
173188535 MN_35783-202604-09_carvel-franchisor-spv-llc.pdf
Canonical 2026 analysis · needs review
MN May 26, 2026 Restricted
2012104511 MN_35221-202601-03_carvel-franchisor-spv-llc.pdf
Alternate source copy
MN Jan 14, 2026 Restricted
1839505978 MN_33253-202503-06_carvel-franchisor-spv-llc.pdf
Alternate source copy
MN May 28, 2025 Restricted
281320635 MN_33253-202503-08_carvel-franchisor-spv-llc.pdf
Alternate source copy
MN May 28, 2025 Restricted
211946 509471_Franchise__Carvel_Exemptions_EFDID__5094_Virginia_211946.pdf
Canonical 2025 analysis
VA Mar 28, 2025
FDD issue date
 Restricted
213717 509471_Franchise__Carvel_Exemptions_EFDID__5094_North Dakota_213717.pdf
Alternate source copy
ND Mar 28, 2025
FDD issue date
 Restricted
638107 638107_carvel-franchisor-spv-llc.pdf
Alternate source copy
WI Mar 28, 2025
FDD issue date
 Restricted
1549526379 MN_30818-202403-04_carvel-franchisor-spv-llc.pdf
Alternate source copy
MN Apr 9, 2024 Restricted
693500825 MN_30818-202403-03_carvel-franchisor-spv-llc.pdf
Alternate source copy
MN Apr 9, 2024 Restricted
135169 509471_Franchise__Carvel_Exemptions_EFDID__5094_Virginia_135169.pdf
Alternate source copy
VA Mar 29, 2024
FDD issue date
 Restricted
165942 509471_Franchise__Carvel_Exemptions_EFDID__5094_Maryland_165942.pdf
Alternate source copy
MD Mar 29, 2024
FDD issue date
 Restricted
199626 509471_Franchise__Carvel_Exemptions_EFDID__5094_Virginia_199626.pdf
Alternate source copy
VA Mar 29, 2024
FDD issue date
 Restricted
199600 509471_Franchise__Carvel_Exemptions_EFDID__5094_North Dakota_199600.pdf
Canonical 2024 analysis
ND Mar 29, 2024
FDD issue date
 Restricted
136181 509471_Franchise__Carvel_Exemptions_EFDID__5094_North Dakota_136181.pdf
Alternate source copy
ND Mar 29, 2024
FDD issue date
 Restricted
55314 509471_Franchise__Carvel_Exemptions_EFDID__5094_Virginia_55314.pdf
Canonical 2023 analysis
VA Mar 23, 2023
FDD issue date
 Restricted
55168 509471_Franchise__Carvel_Exemptions_EFDID__5094_North Dakota_55168.pdf
Alternate source copy
ND Mar 23, 2023
FDD issue date
 Restricted
23170 509471_Franchise__Carvel_Exemptions_EFDID__5094_Virginia_23170.pdf
Alternate source copy
VA Mar 24, 2022
FDD issue date
 Restricted
14741 509471_Franchise__Carvel_Exemptions_EFDID__5094_North Dakota_14741.pdf
Canonical 2022 analysis
ND Mar 24, 2022
FDD issue date
 Restricted
Showing 1–19 of 19 files.
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