Full Answer
How much does a nothing but Bundt franchise cost?
Nothing Bundt Cakes Franchise Cost /Initial Investment/ Nothing Bundt. The cost of a Nothing Bundt Cakes franchise ranges from $326,003 - $422,293. Owners must have a $600,000 net worth with $100,000 of that in liquid capital. The initial franchise is $25,000, with a grand opening allocation of $5,000.
How much does a Nothing Bundt Cakes owner make?
What Is The Average Salary Of A Nothing Bundt Cakes Owner? The median salary for a Nothing Bundt Cakes owner-operator is $74,614 annually as of 2021. This estimate is significantly higher than the average baker salary of $23,000 – $43,000 per year.
Who is the owner of Nothing Bundt Cakes?
That's what our founders Dena Tripp and Debbie Shwetz were for each other. In 1997, Dena and Debbie founded Nothing Bundt Cakes in their Las Vegas home kitchens, and it has since grown to more than 430 bakery locations in 40+ states and Canada, offering a modern spin on a classic treat.
What franchise is the most profitable?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
Is Nothing Bundt Cakes successful?
Nothing Bundt Cakes is a unique, yet successful bakery franchise concept with more than 430 bakeries across the U.S. and Canada.
Was there Nothing Bundt Cakes on Shark Tank?
0:002:48Tank Away: Nothing Bundt Cakes - YouTubeYouTubeStart of suggested clipEnd of suggested clipIt in 2007.MoreIt in 2007.
Does Nothing Bundt Cakes bake their own cakes?
Nothing Bundt Cakes is a franchisor and operator of almost 400 gourmet bakeries across the US and Canada, specialising in Bundt cakes and retail gift items. Products are handcrafted and baked on-site daily using ingredients and proprietary formulations distributed by its in-house facilities.
Are Nothing Bundt Cakes made fresh?
Our cakes are baked fresh daily, but they are chilled as part of the process of preserving the moisture content and setting the frosting for decoration. We recommend serving the cakes at room temperature as that is when they are at their very best, and they can be left unrefrigerated for up to 48 hours.
Why are bundt cakes so moist?
A bundt cake is baked in a bundt cake tin which is a unique shape, rounded with ridges around it and a hole in the middle, like a donut or a bagel. This shape allows more of the cake surface to be exposed, so the batter for bundt cakes needs to be more moist to compensate for the heat.
Can you get rich owning a franchise?
The bottom line is that while a franchise can make you independently wealthy, it isn't a guarantee. Choosing the right business in the right industry, and going in with preexisting entrepreneurial experience and/or existing wealth can help, but your income-generating potential may still be somewhat limited.
Which franchise is best in 2022?
Franchises provide a strong corporate and management framework, plus marketing, merchandising and production support....Bluevine Business CheckingDunkin' ... Anytime Fitness. ... Planet Fitness. ... Orangetheory Fitness. ... Primrose Schools. ... Kiddie Academy. ... Kumon Math and Reading Centers. ... Ace Hardware.More items...•
Do franchise owners make money?
Franchise Business Review found that the average annual pre-tax income of franchise owners in America is $80,000. Only 7% of franchise owners make more than $250,000 annually, and 51% earn less than $50,000. Legally, franchisors cannot give income amounts or forecasts of future income.
What is the cost of McDonald's franchise?
Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.
What is the cost of a Subway franchise?
How much is the franchisee fee? The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.
How long is Nothing Bundt Cakes good for?
5 daysCake will keep in your refrigerator for up to 5 days.
Why are bundt cakes called Bundt cakes?
“Bundt” is a word invented and trademarked by Dave Dalquist, the pan's designer. The name was derived from the German word bundkuchen, meaning “a cake for a gathering.” Dalquist added the 'T' so he could trademark the name.
Section I – Background Information
1. In mid-May 2021, Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, announced that it has sold its portfolio company Nothing Bundt Cakes to Roark Capital. Nothing Bundt Cakes is the market-leading franchisor and operator of gourmet bakeries offering specialty Bundt cakes and retail gift items.
Section II – Estimated Costs
Detailed estimates of Nothing Bundt Cakes franchise costs, based on Item 7 of the company’s 2021 FDD.
Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees
Detailed information on Nothing Bundt Cakes’ initial franchise fee, royalty fee, marketing fee, and other fees, based on Items 5 and 6 of the company’s 2021 FDD.
Section V – Financial Performance Representations (Item 19, 2021 FDD) and Analysis
This Item sets forth historical net revenue and cost information for Nothing Bundt Cakes’ franchised Bakeries which was provided to Nothing Bundt Cakes by its franchisees.
How much does it cost to franchise nothing bundt cakes?
How much does a Nothing Bundt Cakes franchise cost? Nothing Bundt Cakes has a franchise fee of up to $35,000, with a total initial investment range of $440,800 to $636,500. Initial Franchise Fee: $35,000.
When did Bakery franchise start?
They began franchising in 2006. The average Bakery franchise began franchising in 2007.
How many franchise locations do they have?
As of the 2021 Franchise Disclosure Document, there are 361 franchised Nothing Bundt Cakes locations in the USA.
What is franchise grade?
Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.
Does Bundt Cakes have territorial rights?
Nothing Bundt Cakes offers territory protections . For an explanation of territorial rights, unlock this franchise for important details.
How much does a "Nothing Bundt Cakes" franchise cost?
The minimum amount required for a franchisee to invest is $440,800 and can go all the way up to $636,500.
How many "Nothing Bundt Cakes" units are in the United States?
There are 376 Nothing Bundt Cakes locations in the United States, of which "14" are corporate units and 363 are franchise units.
From the Franchise Disclosure Document of "Nothing Bundt Cakes", that was issued on, 06, 08 2021
The franchise is to operate gourmet bakeries offering and selling specialty bundt cakes, other food items, and retail merchandise under the “Nothing Bundt Cakes®” mark.
What is nothing bundt cake?
They offer the following items: bite-sized bundtinis, a single serving bundlet, bundlet tower (a display of three or more cakes on stacked tiers), 8-inch cake, 10-inch cake, and tiered cakes to fit all occasions. In addition, they also sell party accessories such as balloons and gift baskets which make any celebration that much sweeter.
How much does a mini cake cost?
A mini-cake can be as cheap as $3.99, but a larger decorated tiered bundt cake could cost upwards of $67. For more precise pricing and information about ordering make sure to check their official website. Also read our articles about the cost of wedding cakes, Walmart cakes, or Cake Boss cakes.
Do all locations have their own prices?
Keep in mind that these are only the average prices. As you might notice yourself, all locations will have their own prices, but usually, they will be very close to the ones we have gathered in our table.
Is Bundt cake worth it?
Bundt cakes come in many shapes and sizes. Some are more expensive than others depending on where you buy them from, but they’re all worth the price because of how delicious each one tastes. You can see a photo gallery either online or in physical form, in each of their bakeries, showing off some of their best cakes.
