Review Of The Nothing Bundt Cakes Franchise Opp And Startup Costs
The smell of a baking cake wafts through the kitchen, filling the home with a level of goodness that cannot be matched by other scents. Nothing Bundt Cakes was founded in 1998 in Las Vegas with this very thought in mind: to replicate the joys of a home-baked cake, but with at an affordable price that didnt require any effort in the kitchen. By using real ingredients, handcrafted recipes, and fun decorations, this brand has taken off and made the bundt cake an integral part of the home once again.
If you love cake, love serving people, and are ready to take this love for baked goods to the next level, then a franchise opportunity with Nothing Bundt Cakes could be the perfect opportunity to help you find your next success! Are you ready to explore what it takes to make this opportunity become a reality?
Nothing Bundt Cakes Franchising Guide
Is Nothing Bundt Cakes a franchise? Founded by the duo of Dena Tripp and Debbie Shwetz in 1997, Nothing Bundt Cakes has maintained a steady growth over the years into what it currently is today.
This article will provide the reader with all the basic information he/she needs to know about the Nothing Bundt Cakes franchise.
These would include the financial requirements, the advantages, how to apply, and more.
With over 240 units/locations spread across the United States, Nothing Bundt Cakes franchise specializes in making a variety of Bundt cakes.
Some of these variants include the 8 Bundt Cakes, Tiered Bundt Cakes, Bundtlets, Bundtlet Towers, and Bundtinis.
At Nothing Bundt Cake franchise bakeries, exciting gifts are offered. These include cake utensils, serving platters, greeting cards, and candles among others.
If you wish to own a Nothing Bundt franchise, you will have to fulfil all of its financial requirements. These include the Initial investment that ranges from $392,875 to $545,475, a net-worth requirement of $600,000 and the initial franchise fee starting from $30,000.
Franchisees are also required to pay an ongoing royalty fee of 5% and an ad royalty fee of 4%.
Other Important Fees
There are several other franchise fees you need to pay. These are contained within items 5 and 6 of its Financial Disclosure Document . Below are details of some of these fees
- Additional Locations
What Is So Special About Nothing Bundt Cakes
Nothing Bundt Cakes is a unique alternative to opening a bakery that specializes in these distinct baked goods. Nothing Bundt Cakes are known for the thick frosting petals that decorate each of their silky cream cheese and real butter-based cakes.
Nothing Bundt Cakes classic red velvet cake is one of their most popular varieties. The delicious, luscious cake is chock-full of chocolate flavor, and the cream cheese frosting on top was almost built for it. Chocolate chips are hidden inside each bite. This is, without a doubt, one of the best pre-made red velvet cakes money could buy.
The cake itself was the nicest red velvet Ive ever had, really moist with a few huge chocolate chips strewn in and fantastic chocolatey flavor, and the icing had good cream cheese flavor, as opposed to the gritty, sugar frosting you frequently get, one satisfied customer said on TripAdvisor.
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Why I Love Lead Generation Business More Than Anything Else Versus Franchising In 2019
Ive been into different businesses over the years and none of them worked for me as much as the lead generation business did. Ever since I got into this in 2014while I work 8 to 9 hours in a dreading day job I am earning a steady passive income without constant worries.
This is because of the financial confidence Ive developed through the lead generation coaching program I came across back then. Through my mentor, Dan, I learned the vital lesson I shouldve possessed earlier. The high-income skill.
Any business models youd try, it wont work unless if you have the skill every businessman should have. That kind of skill nobody can take away since its yours forever. That kind of skill that brings you fortune, wealth, and influence. That kind of skill that changes your life.
Compared to a franchising business, especially for an average Joe like me, I dont have enough money to spend as much as $100,000 for the initial startup. And because I had my day job, I couldnt take time to spend on a comprehensive market research the company wants me to comply.
And Im certain youre in the same situation as I was. Youre stuck in a day job. You have lots of bills to pay. You want a side income, a passive income that is.
Youre in a dire circumstance wanting a quick escape from a boring life and become a person of influence. This is where the lead generation business becomes enticing. Why?
Is This The Right Investment Opportunity
Baking a cake that tastes so good that youd wish it didnt have a hole in it does that speak to your passion? If it does, then Nothing Bundt Cakes would like to speak with you about their franchising opportunities today! With most of the lower 48 available for new franchises, theres an excellent chance that your community is ready for one of the tastiest cakes anyone has ever eaten.
The most exciting aspect about this franchising opportunity is that it really gives an investor the chance to replicate the small town, Mom and Pop bakery where everyone knows your name when you walk in. Theres very few competitors in this niche industry right now, which means youll be able to make your franchise stand out in your community with very little initial effort. The organization has also received national attention from several food related television and print companies, which gives you a leg up on your marketing efforts too.
How far could you take your bundt cakes? With single slice servings or the option to purchase an entire cake to serve at home, this franchise opportunity wins because it serves up a taste of home with every bite taken. You cant put a price on that experience when it is done right, which is why this could be the perfect franchising opportunity for you. Create your applicant profile online with Nothing Bundt Cakes today and youll begin the journey toward a business that is filled with tasty goodness in more ways than just cake.
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Nothing Bundt Cakes Menu With Prices
Nothing Bundt Cakes has a large variety of thick frosting petals cakes. So if you plan to visit their outlets, then you should definitely know their menu. In this post, lets see their latest menu.
Nothing Bundt Cakes is really famous for its thick frosting petals design cakes. Their menu includes 8 bundt cakes, 10 bundt cakes, tiered bundt cakes, bundtlets, bundtlet towers and bundtinis. Their cakes are very big and can serve a large gathering. A cake here cost nearly $30.
This was an overview of their menu and the full menu is mentioned below, which will help you to know which you should order. I have also included other important information such as nutritional information, contact information and franchise information. Now, its time to see their menu but before that, lets have a look at their history.
Nothing Bundt Cakes is an American-based bakery that was founded by the duo of two friends named Dena Tripp and Debbie Shwetz. Both friends opened the first Nothing Bundt Cakes store in 1997. The bakery specializes in cakes.
Nothing Bundt Cakes Franchise Opportunity
If you are interested to become a franchise owner of Nothing Bundt, then you are in the right direction to become a good and successful entrepreneur. and look for nothing bundt cakes franchise opportunity.
You are protected territories of your Nothing Bundt Cakes
You will get a positive work environment and family-friendly work schedule with enjoy.
You will get the experience of the freedom and stability of being own boss
The franchise is provide training support, marketing supports, grand opening support which means are help to grow of your franchise
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What Is The Initial Investment Required
To answer the question as to whether you should bake or not to bake, youll need to begin with a $25k franchise fee. In return for this fee, youll receive an exclusive territory for your new franchise that is based on your local demographics. There isnt a set standard as to a certain size as youll find with other franchising opportunities. Nothing Bundt Cakes will define your geographic area based on zip codes, county lines, city borders, streets, trade areas, or natural barriers in any combination.
As you begin your journey toward being a Nothing Bundt Cakes franchisee, youll also need to prove that you have a net worth of at least $600k. There must be $150k available in cash as well, not just liquidity. The typical initial investment required to get a franchise off the ground is at a minimum $339k. The high estimate of this initial investment is $440k and the difference is based on your location, the size of your location, and the amount of build out and equipment that you may need. The franchise fee does not cover signage costs.
Youll also be required to allocate a minimum of $5,000 for your grand opening once you have permission to open your new business opportunity. Once you get started with the daily operations of your franchise, theres also a royalty that is collected once per week of 5%. Theres a 3% marketing royalty, collected weekly as well, that is part of the equation too. The franchise term lasts for 10 years and the term is renewable.
Issues You Have To Know Concerning The Nothing Bundt Truffles Franchise
Acquired by Roark Capital
1. In mid-Might 2021, Levine Leichtman Capital Companions , a Los Angeles-based non-public fairness agency, introduced that it has offered its portfolio firm Nothing Bundt Truffles to Roark Capital. Nothing Bundt Truffles is the market-leading franchisor and operator of gourmand bakeries providing specialty Bundt truffles and retail reward gadgets.
2. The corporates merchandise are handcrafted and baked on-site day by day with high-quality components and proprietary formulations distributed by its in-house services. On the time of the announcement, Nothing Bundt Truffles had almost 400 areas within the U.S. and Canada.
three. Matthew Frankel, managing companion of LLCP, stated, Kyle Smith and the complete Nothing Bundt Truffles staff have constructed a very distinctive enterprise thats positioned for continued development, with an unbelievable tradition constructed round nice individuals. The Nothing Bundt Truffles funding has been very profitable for LLCP, with distinctive same-store gross sales development and strong franchise improvement.
6. North Level served because the lead monetary advisor, with assist from Baird, and Honigman LLP served as authorized counsel to Nothing Bundt Truffles in reference to the sale.
Opened Two New Areas
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How Much Does Nothing Bundt Cakes Franchise Cost
Nothing Bundt Cakes charges a franchise fee of up to $30,000, with a total initial investment ranging from $408,187 to $588,587. The franchise price is non-refundable. Initial contributions range from $408,187 and $588,587. The company need $150,000 in liquid cash. There is no initial investment with Nothing Bundt Cakes.
|Type of Expenditure|
|Currently $35 per month||Monthly|
- For those interested in becoming franchisees To be considered financially qualified, franchise applicants and their partners/investors must have a combined liquid capital of at least $150,000 and a combined net worth of at least $600,000, respectively.
- It is not necessary to have previous restaurant or baking experience.
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Nothing Bundt Cakes Salary Faqs
The average salary for an Owner Operator is $74,460 per year in United States, which is 51% higher than the average Nothing Bundt Cakes salary of $49,076 per year for this job.
The salary trajectory of an Owner Operator ranges between locations and employers. The salary starts at $74,460 per year and goes up to $74,460 per year for the highest level of seniority.
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Nothing Bundt Cakes Franchise Owner Salary
Nothing bundt cakes franchise owner salary -Each franchise owner/operator is responsible for. Franchisees typically need to pay at least $63,800 in fees directly to nothing bundt cakes in order to earn the right to launch their business The average nothing bundt cakes salary ranges from approximately $28,137 per year for a dishwasher to $75,134 per year for a bakery manager. The average nothing bundt cakes salary ranges from approximately $15,000 per year for customer service associate / cashier to $54,993 per year for bakery manager. The average salary for retail franchising director at companies like mrc global inc in the united states is $164,638 as of january 27, 2022, but the range typically falls between $128,535 and $185,957. How much is a nothing bundt cake franchise? Once you have decided to start nothing bundt franchise you should look for nothing bundt cakes franchise cost Nothing bundt cakes joins llcps other franchises, which include beef o bradys, cicis pizza, and wetzels pretzels. How much do owners of nothing bundt cakes make? Other potential sweet perks of working for a nothing bundt cake franchised bakery are listed below.
Nothing Bundt Cakes Owner Salary designbymian
Nothing Bundt Cakes Owner Salary designbymian
How Much Does A Nothing Bundt Cake Owner Make
Nothing Bundt Cakes Corporate Office designologe
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Nothing Bundt Cakes Fdd Franchise Information Costs And Fees
Type of BusinessThe franchise is to operate gourmet bakeries offering and selling specialty bundt cakes, other food items, and retail merchandise under the Nothing Bundt Cakes® mark.
Corporate InformationNothing Bundt Franchising, LLC, d/b/a Nothing Bundt Cakes Enterprises is a Nevada limited liability company formed on May 22, 2006. Their principal business address is 4560 Belt Line #201, Addison, Texas 75001. They have granted franchises since 2006.
InvestmentThe total investment necessary to begin operation of a Nothing Bundt Cakes® Bakery is $431,587 to $600,387, excluding extension fees. This includes $63,800 to $65,800 that must be paid to the franchisor and its affiliate.The franchisor also offers an Area Development Agreement for the establishment and operation of multiple Nothing Bundt Cakes® Bakeries in a specified development area. The Area Development Fee is $35,000 for the first Bakery developed under the Area Development Agreement and $25,000 for each additional bakery developed under the Area Development Agreement. The total investment necessary to begin operation of the first Bakery under an area development business is $456,587 to $650,387, excluding extension fees. This includes $88,800 to $113,800 that must be paid to franchisor or an affiliate in connection with opening the first Bakery.