Carvel vs Farrell's Ice Cream Parlour Franchise Comparison

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

Start-Up Costs and Fees
 
Carvel Franchise
Farrell's Ice Cream Parlour Franchise
Investment $250,600 - $415,500N/A
Franchise Fee $30,000N/A
Royalty Fee $2.44/gal.-
Advertising Fee $2.13/gallon-
Year Founded 19341963
Year Franchised 19472014
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee Then current fee-


Business Experience Requirements
 
Carvel Franchise
Farrell's Ice Cream Parlour Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Carvel Franchise
    Farrell's Ice Cream Parlour 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
    Farrell's Ice Cream Parlour Franchise
    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
    Farrell's Ice Cream Parlour Franchise
    US Expansion Yes-
    Canada Expansion No-
    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 Farrell's Ice Cream Parlour

    If you've ever been to a Farrell's Ice Cream Parlour Restaurant, you know what makes us really special and sets us apart from other great businesses is our TEAM! And we would really like for you to be a part of it. Farrell's Cast Members all have fun personalities and enjoy a crazy, zany, whacky atmosphere. Every Cast Member, including hosts, servers, ice cream artisans to bussers, dishwashers and cooks, are able to deliver and promote "Disney" like service. We call it, "Happy-itis". If you have seen our appearances on The Food Network, then you know we are serious about our food, ice cream and creating great lifetime memories for our guests. If this sounds like you, and you are looking for a company that's growing and offers possible ground floor promotion, then we would love to talk to you about joining our team.