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Description

How To Open a Nothing Bundt Cakes Franchise?

To begin your journey as a Nothing Bundt Cakes franchisee, you will first need to complete an ownership application. This includes a review of the franchise's executive summary, which is crucial for your initial discussions with a franchise representative. If your application is successful, you may be invited to a discovery day where you'll learn more about the franchise and meet existing franchisees. The total initial investment to open a Nothing Bundt Cakes bakery ranges from $585,015 to $1,101,001, which includes initial franchise fees and other startup costs.

What Makes a Nothing Bundt Cakes Franchise a Good Choice?

Before committing, it's essential to conduct thorough research and evaluate whether the franchise aligns with your business goals. This includes consulting a financial advisor and a franchise attorney. The Nothing Bundt Cakes brand has a strong market presence, and their focus on high-quality, delicious bundt cakes appeals to a wide customer base. Additionally, their ongoing support during training and operations can be invaluable for new franchisees. The franchise also offers development rights for multiple locations, which can be a strategic advantage for ambitious entrepreneurs.

Why You May Want to Start a Nothing Bundt Cakes Franchise?

Nothing Bundt Cakes specializes in gourmet bundt cakes that are both visually appealing and delicious, making them a popular choice for celebrations and everyday treats. If you have a passion for baking and customer service, this franchise could be a fulfilling opportunity. With a well-established brand and a comprehensive support system, even those without prior experience in the bakery business can thrive. Franchisees benefit from proprietary recipes and a proven operating system that simplifies day-to-day management.

Is Owning a Nothing Bundt Cakes Franchise the Right Move for You?

Owning a Nothing Bundt Cakes bakery can be a rewarding venture, especially if you are committed to providing exceptional products and customer service. The franchise has been expanding steadily and boasts strong revenue potential, with average net revenues of $1,133,559 for the bakeries that opened in 2022. However, the bakery business can be competitive, requiring a strong business strategy and effective marketing to succeed. Consider your readiness for the investment and operational demands before making a decision.

Nothing Bundt Cakes Franchise Financial Requirements

Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.

A broad sector defining similar types of franchise businesses.

Industry

Restaurant Franchises
A more specific division within the broader industry.

Category

Quick-Service Restaurants
Available financing options to help start the franchise.

Funding Year

2006
The main organization that owns the franchise brand.

Parent Company

Nothing Bundt Franchising, LLC
The key individuals guiding the franchise’s strategy and growth.

Leadership

Sarah Spiegel
The official business address of the franchisor’s headquarters.

Corporate Address

4560 Belt Line #350, Addison, Texas 75001
The total amount required to launch the franchise.

Initial Investment

$585,015 - $1,101,001
The initial fee paid to join the franchise system.

Franchise Fee

$45,000
Ongoing percentage of revenue paid to the franchisor.

Royalty Fee

6%
Regular contribution toward the franchise’s advertising fund.

Marketing Fee

5%
The minimum liquid capital you must have on hand.

Cash Required

$75,000
The minimum total assets (minus liabilities) you must possess.

Net Worth Required

$300,000 - $500,000
The typical yearly revenue generated per franchise location.

Average Revenue

$1,404,118
The middle value of yearly revenue among franchise locations.

Median Revenue

$1,055,349
The smallest reported annual revenue among franchisees.

Lowest Revenue

$378,000
The largest reported annual revenue among franchisees.

Highest Revenue

$3,787,195
The estimated timeframe to recover your initial costs.

Breakeven Time

12 Months
The estimated period to recoup your total investment.

Investment Payback

12 Months

Nothing Bundt Cakes Franchise Unit Growth Summary

A breakdown of corporate, franchised, and total units, with yearly net changes shown in the chart and table.

The overall number of operating franchise locations.

Total Units

476
The number of locations owned by independent franchisees.

Franchised Units

459
The number of locations owned and run by the franchisor.

Corporate Units

17
Units 2021 2022 2023
Total Units 378 424 476
Net Change YoY 46 52
Franchised Units 362 408 459
Net Change YoY 46 51
Corporate Units 16 16 17
Net Change YoY 0 1

Company Background

Nothing Bundt Cakes is a rapidly growing franchise specializing in handcrafted, high-quality bundt cakes. Founded in 1997 in Las Vegas, Nevada, by Dena Tripp and Debbie Shwetz, the brand has established a strong presence with over 400 locations across the United States and Canada. The franchise combines a warm, inviting atmosphere with a focus on fresh ingredients and unique flavors, offering cakes that cater to various occasions, from birthdays to weddings.

Franchise Opportunity

Aspiring entrepreneurs looking to invest in a rewarding business can find a promising opportunity with Nothing Bundt Cakes. The franchise model is designed for individuals who are passionate about baking and customer service. With comprehensive training and ongoing support provided by the corporate team, franchisees can leverage the brand's established reputation and proven operational systems to embark on a successful business journey.

Corporate Structure

Nothing Bundt Cakes, LLC operates as a limited liability company, having been formed in 2007. The corporate headquarters is located in Addison, Texas. The company has developed a robust operational framework, allowing franchisees to benefit from shared resources, a cohesive brand identity, and centralized support structures that streamline business operations and enhance customer experience.

Royalties

Franchisees are required to pay an initial franchise fee, typically around $50,000, along with ongoing royalties of 5% of gross sales. Additionally, franchisees contribute to a national marketing fund, which is currently set at 2% of gross sales. These fees support brand marketing initiatives and help maintain the quality and consistency that customers expect from Nothing Bundt Cakes locations.

Company Mission

The mission of Nothing Bundt Cakes is to bring joy to customers through delicious, freshly baked bundt cakes while creating a warm and welcoming environment. The brand is dedicated to using high-quality ingredients and innovative recipes to ensure that every cake not only looks beautiful but also tastes exceptional. The franchise emphasizes community engagement and strives to build lasting relationships with customers through exceptional service.

Brand Story

Nothing Bundt Cakes was born out of a shared passion for baking between co-founders Dena Tripp and Debbie Shwetz. The duo's journey started in a small kitchen, where they combined family recipes with a creative flair to perfect their bundt cakes. Over the years, the brand has evolved from a local bakery to a beloved national franchise, embodying the spirit of celebration and togetherness. Today, each Nothing Bundt Cakes location reflects the founders’ commitment to quality, creativity, and community, making every occasion a little sweeter.

Frequently Asked Questions

The total estimated investment for starting a Nothing Bundt Cakes franchise ranges from $585,015 to $1,101,001. This amount includes initial franchise fees, equipment, and other startup costs.