- 2024 Franchise 500 Rank
-
#78 Ranked #53 last year
- Initial investment
-
$585K - $1.1M
- Units as of 2023
-
517 45.6% over 3 years
Nothing Bundt Cakes is a baking company that has more than 340 locations across the U.S. Their concept is unique, and they use only the finest ingredients to produce high-quality cakes.
The bundt cakes come in different flavors and sizes. Nothing Bundt Cakes caters to all, making small and large cakes, and you can get a cake for any and every occasion. Nothing Bundt Cakes makes celebrating life's moments an everyday occurrence. Cake is not just for birthday parties anymore.
Why You May Want to Start a Nothing Bundt Cakes Franchise
By starting a Nothing Bundt Cakes franchise, you will serve those who have a sweet tooth. To become a franchisee, you do not necessarily need to possess previous experience in baking or running a restaurant. The company provides all the support you need to prepare for your grand opening and to start operations. This support includes both one the job and classroom training, as well as marketing support.
Nothing Bundt Cakes prides itself on only using the highest quality of ingredients to make its cakes, which has given it a solid base of customers.
Nothing Bundt Cakes is an award-winning franchise that has ranked in Entrepreneur’s Franchise 500 multiple times in recent years. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
What Might Make Nothing Bundt Cakes a Good Choice?
To operate a Nothing Bundt Cakes franchise, you'll want to make sure you're financially ready with enough liquid capital available for the initial investment, which includes a franchise fee and other startup expenses. Ongoing fees may consist of a royalty fee, as well as an advertising fee. The term of agreement for Nothing Bundt Cakes franchisees is typically 10 years, at which point the franchisee may renew their franchise for a sum if both they and the franchise are satisfied with the direction of the franchise.
It may be wise to speak with a financial planner and an attorney as you prepare to invest in Nothing Bundt Cakes.
How to Open a Nothing Bundt Cakes Franchise
As you decide whether you wish to open a Nothing Bundt Cakes franchise, make sure you take time to explore the opportunity. Research the business and your local area to see if a franchise would do well in your community. Make sure that the supply for cakes in your area will not outweigh the demand.
To begin the franchising progress, submit an inquiry to Nothing Bundt Cakes. You may receive franchise information with details about the opportunity. From here, you may complete a personal and professional profile as you prepare to speak with a Nothing Bundt Cakes franchise representative.
Soon you may be speaking with current Nothing Bundt Cakes franchisees. Here you may have the chance to learn more about what it takes to operate a store. You may also be invited to meet the corporate team at Nothing Bundt Cakes headquarters as you make your final decision regarding opening a Nothing Bundt Cakes franchise.
Company Overview
About Nothing Bundt Cakes
| Industry | Food |
|---|---|
| Related Categories | Miscellaneous Food/Beverage Businesses, Baked Goods, Miscellaneous Full-Service Restaurants, Food: Full-Service Restaurants |
| Founded | 1997 |
| Parent Company | Nothing Bundt Franchising LLC |
| Leadership | Dolf Berle, CEO |
| Corporate Address |
4560 Belt Line Rd., #350 Addison, TX 75001 |
| Social | Facebook, Twitter, LinkedIn, Instagram, YouTube, Pinterest |
Business Overview
| Franchising Since | 2006 (18 years) |
|---|---|
| # of employees at HQ | 98 |
| Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Canada |
| # of Units | 517 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Nothing Bundt Cakes franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$45,000 |
|---|---|
|
Initial Investment
|
$585,015 - $1,101,001 |
|
Net Worth Requirement
|
$1,000,000 |
|
Cash Requirement
|
$250,000 |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
5% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Nothing Bundt Cakes has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 170 hours |
|---|---|
| Classroom Training | 60 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 15-20 |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Nothing Bundt Cakes landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Nothing Bundt Cakes ranked on other franchise lists? Find out below.
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