Charleys vs Carvel
Franchise Comparison 2026
Both Charleys and Carvel are quick-service restaurants franchises. Charleys requires an investment of $204K – $985K while Carvel requires $392K – $786K. In terms of revenue, Charleys reports higher average unit revenue at $911K. Charleys has SBA lending data on file with a 18.2% charge-off rate. FranchiseVerdict rates Charleys B (Above Average) and Carvel A (Top Quintile).
| Metric | Charleys | Carvel |
|---|---|---|
| Verdict Grade | BAbove AverageAbove Average | ATop QuintileTop Quintile |
| Investment Range | $204K – $985K | $392K – $786K |
| Franchise Fee | $25K | $31K |
| Royalty Rate | the greater of (a) $300 or (b) 6% of your Gross Sales | 6.0% |
| Average Revenue (Item 19) | $911K | $484K |
| SBA Charge-Off Rate | 18.2% (184 loans) | Limited data |
| Total Units | 813 | 336 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1990 | 1947 |
| FDD Year | 2025 | 2025 |
Investment Range
$204K – $985K
$392K – $786K
Franchise Fee
$25K
$31K
Royalty Rate
the greater of (a) $300 or (b) 6% of your Gross Sales
6.0%
Average Revenue (Item 19)
$911K
$484K
SBA Charge-Off Rate
18.2% (184 loans)
Limited data
Total Units
813
336
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1990
1947
FDD Year
2025
2025