Carvel vs Great Harvest
Franchise Comparison 2026
Both Carvel and Great Harvest are quick-service restaurants franchises. Carvel requires an investment of $428K – $1.1M while Great Harvest requires $592K – $871K. In terms of revenue, Great Harvest reports higher average unit revenue at $966K. Great Harvest has SBA lending data on file with a 13.4% charge-off rate. FranchiseVerdict rates Carvel A (Strongest tier) and Great Harvest B (Above average).
| Metric | Carvel | Great Harvest |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | BAbove averageAbove average |
| Investment Range | $428K – $1.1M | $592K – $871K |
| Franchise Fee | $31K | $40K |
| Royalty Rate | 6.0% | 5.0% |
| Average Revenue (Item 19) | $496K | $966K |
| SBA Charge-Off Rate | Limited data | 13.4% (199 loans) |
| Total Units | 360 | 155 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1947 | 1980 |
| FDD Year | 2025 | 2026 |
Investment Range
$428K – $1.1M
$592K – $871K
Franchise Fee
$31K
$40K
Royalty Rate
6.0%
5.0%
Average Revenue (Item 19)
$496K
$966K
SBA Charge-Off Rate
Limited data
13.4% (199 loans)
Total Units
360
155
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1947
1980
FDD Year
2025
2026