Nothing Bundt Cakes has more than 430 bakeries across the US and Canada, making it one of the world’s most successful bakery franchise concepts. Nothing Bundt Cakes is known for its handcrafted recipes, handcrafted ingredients, and imaginative decorations. They provide incomparable cakes, both in terms of presentation and taste. Offering a delectable, luxury products at an affordable price is how they compete.
Additionally, Nothing Bundt Cakes was founded by two friends who had a passion for baking delicious Bundt cakes. Since then, the company has grown rapidly and now operates in nine states across the country.
What is the Nothing Bundt Cakes franchise?
Firstly, Nothing Bundt Cakes is a potential business idea that has been selling a lot of cakes and baked items in recent years, averaging over a million dollars in sales. Nothing Bundt Cakes is a franchising business that sells and delivers specialty Bundt cakes and other baked items.
Denna Tripp and Debbie Shett founded Nothing Bundt Cakes in 1997 to produce cakes for their friends and family. By the end of 2020, Nothing Bundt Cakes had over 360 franchise units and 14 corporate and controlled sites. It primarily competes with grocery shops and local bakeries, but it also competes with franchise brands such as Gigi Cupcakes, Auntie Anne’s franchise, and Cold Stone Creamery.
Know About Nothing Bundt Cakes Franchise
When it comes to cakes, nothing beats the classic Bundt cake. Originating in the United States, Bundt cakes are a popular dessert that can be made with a variety of flavors and ingredients. About Nothing Bundt Cakes is a company that specializes in creating delicious Bundt cakes.
|NOTHING BUNDT CAKES FRANCHISE INFORMATION|
|Industry Type||Food & Beverages|
|Sub Category||Bakery & Cakes|
|Company Name||Nothing Bundt Franchising LLC|
|Founder/Head||Kyle Smith, CEO|
|Employees at Company||More than 60|
|Franchise Expansion Plan||United States|
|Number of Units||430|
|Number of Franchise Units||339 (as if 2020)|
|Social Media Handles|
|Company Office location||4560 Belt Line Rd, #350 Addison, TX 75001|
Nothing Bundt Cakes Franchise Requirements
Candidates for franchises must have at least $150,000 in cash and $600,000 in net worth. You must possess the following characteristics to become Bundt boss
- Ability to lead yet follow a system
- Financial capability
- A strong belief in the Nothing Bundt Cakes product
- Business management/hr/marketing experience
- Passion for delighting guests
How much does a Nothing Bundt Cakes Franchise Cost?
The projected cost to start a Nothing Bundt Cakes Franchise ranges from $440,800 to $636,500. The Nothing Bundt Cakes franchise fee is $35,000. When you start a Nothing Bundt Cakes, you need to pay this advance fee.
Nothing Bundt Cakes Franchise Cost
- Initial Franchise Fee $35,000
- Initial Investment $440,800 to $636,500.
- Royalty Fee 5%
- Advertising Fee 4%
- Term of Agreement 10 years
- Is the franchise term renewable? Yes,
- Renewable Franchise Fees 50% of then-current Initial Franchise Fee
Nothing Bundt Cakes Training and Support Offered
They have a 159-hour first training system. This training comprises 40 hours of classroom instruction and 119 hours of on-the-job training. They describe who is responsible for activity in their FDD.
They provide ongoing support, including newsletters, security, safety procedures, online help, etc. They also offer marketing support, such as digital marketing. The training is as per the franchise training manual and franchise operations manual.
Nothing Bundt Cakes Operations and Support
Nothing Bundt Cakes has embraced technology. There are all of the internet stores where you can get Nothing Bundt Cakes. You may often contact existing Nothing Bundt Cakes franchisees online.
Existing franchisees may also be able to provide unique views into what it’s like to operate a Nothing Bundt Cakes and advice for having a profitable Nothing Bundt Cakes franchise unit.
How is Franchise Territory Granted
They offer territory rights. There is a protected territory for Nothing Bundt Cakes franchisees. They build a protected territory around your location based on target customer demographics.
Geographic areas vary in size and shape. Zip codes, county and city lines, streets and highways, trade areas, and natural barriers define boundaries.
What is Nothing Bundt Cakes Franchise Term of Agreement and Renewal?
The Franchise Agreement requires you to acquire or lease an authorized Bakery location that meets the Franchisor requirements and specifications within 90 Days. If you fail to fulfill the 90-day site selection deadline, the Franchisor will charge you a penalty of $3,500 on the 90th day.
How to get Franchise Insurance?
Certain types and quantities of insurance are required to be obtained and maintained. Franchise Insurance prices are determined by policy limits, policy types, the nature and value of physical assets, gross income, the number of workers, square footage, location, company contents, and other risk exposure considerations.
The Franchise Insurance prices may be significantly higher in parts of the country prone to natural catastrophes such as hurricanes. Before signing the lease for your Bakery, you should research insurance prices in your neighborhood.
Pros and Cons of Nothing Bundt Cakes Franchise
When considering starting a Nothing Bundt Cakes franchise, there are a few things to consider. On the positive side, starting Nothing Bundt Cakes is a very lucrative business. The company has a strong brand name and there is a large customer base that is looking for nothing but the best bundt cakes.
However, there are also a few potential drawbacks to consider when starting a Nothing Bundt Cakes franchise
Advantages of Owning a Nothing Bundt Cakes
You will receive significant training and support. Many benefits are provided to franchise owners, including supplies, equipment, assistance, training, instructions, positive enforcement, professional training, and much more.
They are less likely to fail since they are already well established and have significant backing from behind.
The most significant benefit of purchasing this is their well-established brand, which minimises marketing and advertising expenditures.
Their franchise business model is well established and proven business prototype to do well.
Good customer base
They have a loyal client base
The disadvantages of owning a Nothing Bundt Cakes include
Regulations and rules
With tremendous power comes great responsibility. They don’t give direct authority to the franchise owners. They regulate them.
The Franchise Cost
The cost of purchasing a franchise is relatively high; it is an expensive process. A considerable sum of money is required to buy a franchise from them.
Each month, a specified proportion of franchise earnings from your franchising company revenue must be given to the Nothing Bundt Cakes. They may charge an extra fee for such operations as needed.
Less influence over company affairs
They have direct control over the franchise and determine many choices.
How much do Nothing Bundt Cakes franchise owners make?
In the United States, owner-operator wages average $74,460 per year, which is 63 percent greater than the Nothing Bundt Cakes franchise owner salary of $45,434 per year.
What is Nothing Bundt Cakes franchise profit?
Sales of the system increased by 23% to $332 million. There is no other specialty retail brand with such a distinct position. Based on the Bakery industry’s typical value multiple of 0.70 and net sales of $1,169,148 between 2019 and 2020, a Nothing Bundt Cakes franchise would re-sell for $818,403. This selling price is far more than the median investment of $538,650.
This indicated the franchises will make money after they sell the franchise unit.What about franchise profit ?
As per a recent Franchise Disclosure Document , the average annual sale of franchises is $ 1,210,422.The franchise profit margin is in the range of 18-23.8 %.
Considering these,the yearly Nothing Bundt Cakes Franchise Profit is range of $ 217,875 to $ 288,080. The franchises of Nothing Bundt Cakes can recoup the investment within 2 to 3 years on franchise cost of $440,800 to $636,500.
Nothing Bundt Cakes Franchise Rankings
Several publications, including Entrepreneur Magazine, have named Nothing Bundt Cakes one of the top fitness franchises.
- Ranked #19 in 2022 – Franchise 500 by Entrepreneur
- Ranked #85 in 2022 – Fastest – Growing Franchises
- Ranked #1 in Miscellaneous Food / Beverage Business – Best of Best
- Ranked #1 in Miscellaneous Food / Beverage Business – Top Food Franchise
One of the biggest benefits of starting a Nothing Bundt Cakes franchise is the opportunity to develop and grow your business. With a well-executed franchise marketing plan, you can quickly increase your customer base and grow your profits.
The substantial profit margins at Nothing Bundt Cakes make franchisees eligible for rapid returns on investment. In addition, the Franchisor’s consistent growth in new franchise sites indicates a successful franchise business plan and strategy. A conducive environment is also available for new franchisees. Comparatively speaking, one disadvantage of the system is its high initial investment amount.
You can also consider other food and bakery franchise opportunities like
- Black Rifle Coffee Franchise
- Whataburger Franchise
- Halal Guys Franchise
- Chicken Guy Franchise
- Chipotle Franchise
- Auntie Anne’s Franchise
- Cinnabon Franchise
Share your feedback on this article and franchises of Nothing Bundt Cakes can let us know their franchise reviews in the comment section below.
Frequently Asked Questions (FAQs)
1. Is the Nothing Bundt cakes franchise profitable?
Yes, it is profitable as per their latest fdd,the franchises are making decent profit and Investment breaks even within 3 to 4 years.
2. Can you make money owning a Nothing Bundt cake?
Yes, you can make money owning a Nothing Bundt Cake,the average profit margin of franchises of this brand is 18-23.8 %.
3. Is a Nothing Bundt cake a franchise ?
Yes, the Nothing Bundt Cake is a great stable franchise business.They have more than 400 franchises in the U.S and Canada.
4. How do Nothing bundt cakes franchises make money?
Nothing Bundt Cakes are a popular dessert franchise with locations throughout the United States. Franchises make their money by selling baked goods, typically bundt cakes, to customers.
The franchise system is designed to allow the franchise owners to operate the business without much overhead costs, such as rent or employee salaries. The franchisees are responsible for all aspects of the business, including marketing, product development, and day-to-day operations.
Nothing Bundt Cakes franchises make money by selling the bakery products,which includes bundt cakes,bundtlets, cup cakes ,birthday parties organising etc.