Franchise opportunities compared
Carvel Corporation vs Cinnaholic
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
- Carvel Corporation figures come from its 2026 FDD and Cinnaholic figures from its 2025 FDD, so the years differ.
- Carvel Corporation discloses 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 (Carvel Corporation: 5, Cinnaholic: 6). Different groups are not directly comparable.
| Disclosure |  Carvel Corporation | CCinnaholic |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $38,850 – $1,051,200 2026 FDD · Item 7 | $241,082 – $526,582 Total Estimated Initial Investment under Franchise Agreement — lower estimate 2025 FDD · Item 7 · PDF p. 19 |
| Standard initial franchise fee (Item 5) | $3,000 2026 FDD · Item 5 · PDF p. 30 | $40,000 2025 FDD · Item 5 · PDF p. 11 |
| Royalty (Item 6) | $6.00 OTHER FEES Type of Fee 1, 4 Amount Date Due Remarks Royalty Fee — 6% 2026 FDD · Item 6 · PDF p. 31 | 10% Increased Royalty Fee percentage of Gross Sales during default for failure to meet minimum operational standards 2025 FDD · Item 6 · PDF p. 16 |
| Brand / advertising fund (Item 6) | $2.00 Marketing Obligation Currently, each calendar quarter, you must spend not less than — 2% 2026 FDD · Item 6 · PDF p. 32 | 2% Advertising Fund Fee percentage of Gross Sales — 2% 2025 FDD · Item 6 · PDF p. 13 |
| System scale & health | ||
| Total outlets (Item 20) | 720 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 93 | 83 Outlets at end of 2024 2025 FDD · Item 20 · PDF p. 55 |
| Net outlet change (Item 20) | +68 Calculated: 652 at end of 2023 → 720 at end of 2025 | +16 Calculated: 67 at end of 2022 → 83 at end of 2024 |
| 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) | 1950 From a verified franchisor listing | Not available Not in reviewed records |
| 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 — 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 | Locations counted not stated in the reviewed record — New in 2024 franchise center $220,161 other South Loop IL · 2025 FDD · Item 19 · PDF p. 53 Locations counted not stated in the reviewed record — Full-year franchise center $470,173 other Centennial NV · 2025 FDD · Item 19 · PDF p. 51 Locations counted not stated in the reviewed record — Full-year franchise centers $639,336 other Full-year franchised bakeries · 2025 FDD · Item 19 · PDF p. 53 +3 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.