Franchise opportunities compared

    Big Apple Bagels vs Carvel Corporation

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Big Apple Bagels and Carvel Corporation disclose more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Big Apple Bagels: 5, Carvel Corporation: 5). Different groups are not directly comparable.
    DisclosureBig Apple BagelsCarvel Corporation
    Financial commitment
    Estimated initial investment (Item 7)
    $45,000 – $512,500
    2026 FDD · Item 7
    $38,850 – $1,051,200
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)
    Not available
    No single standard fee identified
    $3,000
    2026 FDD · Item 5 · PDF p. 30
    Royalty (Item 6)
    $5.00
    6. OTHER FEES A. FRANCHISE AGREEMENT Type of Fee Amount Due Date Remarks Royalty Fee — 5%
    2026 FDD · Item 6 · PDF p. 21
    $6.00
    OTHER FEES Type of Fee 1, 4 Amount Date Due Remarks Royalty Fee — 6%
    2026 FDD · Item 6 · PDF p. 31
    Brand / advertising fund (Item 6)
    $3.00
    re no t limited to Grub Hub, DoorDash, UberEats, ezCater Marketing Fund Contribution — 3%
    2026 FDD · Item 6 · PDF p. 21
    $2.00
    Marketing Obligation Currently, each calendar quarter, you must spend not less than — 2%
    2026 FDD · Item 6 · PDF p. 32
    System scale & health
    Total outlets (Item 20)
    96
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 81
    720
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 93
    Net outlet change (Item 20)
    −2
    Calculated: 98 at end of 2023 → 96 at end of 2025
    +68
    Calculated: 652 at end of 2023 → 720 at end of 2025
    Outlet exits (Item 20)
    Not available
    No complete exit records for a year
    Not available
    No complete exit records for a year
    Franchising since (Item 1)
    Not available
    Not in reviewed records
    1950
    From a verified franchisor listing
    Franchisor founded (Item 1)
    Not available
    Not in reviewed records
    Not available
    Not in reviewed records
    Performance (Item 19)
    Financial performance (Item 19), by location group
    Locations counted not stated in the reviewed record — Quartile1 productionstores
    12 stores
    other 2025 Q1 Sample · 2026 FDD · Item 19 · PDF p. 77
    Locations counted not stated in the reviewed record — Quartile2 productionstores
    6 stores
    other 2025 Q2 Exceed average count · 2026 FDD · Item 19 · PDF p. 77
    Locations counted not stated in the reviewed record — Quartile3 productionstores
    $481,271
    other 2025 Q3 Gross revenue range low · 2026 FDD · Item 19 · PDF p. 77
    +2 more groups in the full report
    Locations counted not stated in the reviewed record — 104eligible singlebranded full Streetside Shoppes — 2nd Quartile
    26 shoppes
    other 2nd Quartile Sample size · 2026 FDD · Item 19 · PDF p. 92
    Locations counted not stated in the reviewed record — 104eligible singlebranded full Streetside Shoppes — Top Quartile
    $779,624
    other Top Quartile Mean net sales · 2026 FDD · Item 19 · PDF p. 92
    Locations counted not stated in the reviewed record — 104eligible singlebranded full Streetside Shoppes — 3rd Quartile
    26 shoppes
    other 3rd Quartile Sample size · 2026 FDD · Item 19 · PDF p. 92
    +2 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.