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Nothing Bundt Cakes Franchise ProfileRestaurant Franchises > Quick-Service Restaurants |
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.
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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.
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Units | 2021 | 2022 | 2023 |
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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.