Carvel vs Sloan's Ice Cream Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Carvel vs Sloan's Ice Cream including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Carvel Franchise
Sloan's Ice Cream Franchise
Investment $250,600 - $415,500$587,952 - $896,600
Franchise Fee $30,000$40,000
Royalty Fee $2.44/gal.6%
Advertising Fee $2.13/gallon1% Nat'l
Year Founded 19341999
Year Franchised 19471999
Term Of Agreement 20 years5 years
Term Of Agreement 20 years5 years
Renewal Fee Then current fee-


Business Experience Requirements

 
Carvel Franchise
Sloan's Ice Cream Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Carvel Franchise
    Sloan's Ice Cream Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Carvel Franchise
    Sloan's Ice Cream Franchise
    Training -The initial training covers all material aspects of the operation of a Sloan's franchise and is comprised of classroom and on-the-job training.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Carvel Franchise
    Sloan's Ice Cream Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion Yes-

    Company Overviews

    About Carvel

    In 1934 Tom Carvel opened his first ice cream shop in Hartsdale, New York. Over the years, he developed formulas and equipment for creating and serving his ice cream. The company started franchising in 1947, and by 1951 had opened 100 stores. Today the company distributes its line of ice cream, cakes, pies and other treats in its own locations and in stadiums, club stores and supermarkets.

    The total investment necessary to begin operation of a Shoppe selling a full range of Carvel® products (a “Full Shoppe”) ranges from $250,600 to $415,500. This includes $30,000 to $32,000 that must be paid to the franchisor or their affiliates.
    The total investment necessary to begin operation of a Shoppe selling selected Carvel® products (an “Express Shoppe”) ranges from $39,600 to $148,400.
    The total investment necessary to begin operation of an Express Shoppe within the space of another restaurant, food service facility, or business approved by the franchisor (a “Hosted Express Shoppe”) ranges from $33,100 to $66,500. These total investment estimates for Express Shoppes and Hosted Express Shoppes include $10,000 to $12,000 that must be paid to the franchisor or their affiliates.
    The total investment necessary to begin operation of a Shoppe in an ice cream truck (an “Ice Cream Truck”) is $95,050 to $195,000. This includes $5,000 to $7,000 that must be paid to the franchisor or their affiliates.

    "Entrepreneur
    #361 in Franchise 500 for 2020.
    #273 in Franchise 500 for 2021.



    About Sloan's Ice Cream

    Since opening our first store in 1999, Sloan's has become an icon of Southern Florida for great ice cream and great fun. Our unmistakable look, terrific service and unforgettable ice cream have become a tourist attraction and a hot spot for local residents. While we think we have the greatest ice cream on the planet, what really differentiates Sloan's is the brand and systems that we have created to replicate the memorable experiences for all of our customers. Sloan's has been the recipient of numerous awards for best luxury ice cream. We are a family business and our franchisees can also be family businesses. Sloan Kamenstein created Sloan's out of a love of fine foods and sweets. As an accomplished chef and entrepreneur, Sloan still leads the company and is heavily involved in innovation, product development and growth. Sloan's builds its customer following by providing what we believe to be the best service, best product and best atmosphere. Each store is impeccably designed to create an emotional response for kids and adults and keep them coming back. Becoming a Sloan's franchisee gives you access to our brand, systems, training and support as you own and operate your very own Sloan's ice cream and candy store. You get:
    *Sloan's logos, signage, designs and operational systems
    *Buying power through our suppliers *Site selection and build out assistance
    *Extensive training in Florida at our headquarters and in our stores
    *On-site assistance just prior and during the opening of your location
    *An in-depth operations manual for every aspect of store ownership
    *Marketing materials and marketing assistance
    *Ongoing support site visits from Sloan's staff
    *Unlimited access to our team via phone and email
    We are dedicated to the personal and professional growth of our franchisees. The opportunity to own your own business without being alone has never been sweeter.