Is The Nothing Bundt Cakes Worth The Cost To Invest
Aspiring franchisees can expect significant profit margins and a speedy return on investment from Nothing Bundt Cakes. In just the last 3 years, 136 additional Nothing Bundt Cakes stores have launched, averaging 45 per year. This steady expansion points to a good business climate for new franchises.
After all, a growing number of units annually is usually a good sign. But I always recommend diving into the franchise disclosure document for the company to judge the risks of the company yourself.
Of course, you shouldnt just think about profit potential when deciding whether or not to invest in Nothing Bundt Cakes. Here are a few more questions to consider:
- Will you enjoy operating a niche focused bakery?
- Do you like talking to your customers, answering questions, and providing customer service?
- Would you be happy making about $75,000 annually per unit as an owner / operator salary?
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The beloved bundt cake.
Today, the Nothing Bundt Cakes brand has spread across the United States. Each bakery, based on Debbie and Denas vision, retains the comfort and sentimentality of its home-kitchen heritage while also integrating a creative approach for todays society. Whenever youre trying to enjoy a Bundt Cake or a Bundtini®, one thing is certain: they only offer excellence.
They’re Earning Nothing Bundt Rave Reviews
With hundreds of locations nationwide, Nothing Bundt Cakes has captured the hearts and appetites of people from all corners of the country. The bakery chain earns glowing praise across multiple websites including Yelp apparently people just can’t get enough of that magnificently moist, cream cheesy goodness.
One TripAdvisor user titles their review: “I Have No Words” and goes on to write , “I don’t like cake, honestly, but I LOVE these Bundt cakes. They are quite possibly the most delicious dessert I have ever eaten! They have new flavors regularly and have different sizes to fit all needs!” Another user gushes, “This is one of the best baked goods on earth in my book. I had a sample at a show in another town and was so excited to see a store in Cary on my visit. I had a lemon Bundlet, and it was perfection.”
What Are Nothing Bundt Cakes Worth
There is no franchise fee or initial investment for Nothing Bundt Cakes. It costs between $326,003 and $422,293 to own a Nothing Bundt Cakes franchise. It is required that the owners have a net worth of $600,000, of which $100,000 is liquid. Franchise fees are $25,000. At the grand opening, $5,000 will be allocated.
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Nothing Bundt Cakes Franchise For Sale
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.
Background Information
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.
Financial Requirements
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
They Offer Several Flavor Options
You might be asking yourself just how much one can do with a Bundt cake. The answer is, plenty! The creativity over at Nothing Bundt Cakes is extraordinary with quite the extensive list of products to enjoy: standard Bundt cakes in a variety of sizes, tiered cakes, medium sized Bundtlets and Bundtlet Towers, and bite-sized Bundtinis, all of which can be turned into a themed showstopper for your next celebration or holiday get-together.
For each tasty treat, you have of the option going with just the cake or adding a drizzle of the bakery’s signature frosting which is made with velvety cream cheese and real butter. The extensive list of Nothing Bundt Cake flavors includes red velvet, white chocolate raspberry, carrot, lemon, marble, pecan praline, chocolate chocolate chip, and confetti, to name a few. There is even a gluten-free chocolate chip cookie flavor, though the company warns that it is not baked in a gluten-free environment.
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Mix The Cake Ingredients Together For Your Nothing Bundt Cakes Copycat Recipe
Okay, its time to get started making our Nothing Bundt Cakes copycat recipe. There are two sections of this recipe: the bundt cake and the frosting. Well start with the cake ingredients. Because were using a prepared cake mix, this process is very simple. Simply add the ingredients to the bowl of a stand mixer: the devils food cake mix, chocolate instant pudding, sour cream, mayonnaise, eggs, water, and canola. Well leave the chocolate chips out for now and add them in later.
Mix the cake using the paddle attachment of a stand mixer. If you dont have a stand mixer, you can mix the cake with a spoon or use a hand mixer. Youre looking to fully incorporate the flour without overmixing. Its okay if there are some lumps, but you dont want to see any dry bits of flour.
When the batter has come together, add the chocolate chips. Fold them into the batter gently using a silicone spatula or a large wooden spoon. Again, you dont want to overmix the batter here, but we do want to distribute the chocolate chips throughout the cake mix.
Nothing Bundt Cakes Menu Prices
For most people, cakes are high on the list of desserts. Most people eat something sweet at least twice a week, both for taste and to ensure the weekly need for sweetness that every human body feels. Whether we prepare them ourselves at home in our own kitchen or we buy them from food or confectionery stores, the cakes are some of the most bought products by people that have a craving for a dessert.
Bundt Cakes appeared to satisfy this need for something sweet and it didnt take too much for their stores to spread around every block in the US. Very sweet, not so sweet, sour, salty, or bitter, depending on the tastes and preferences that each of us has, cakes have been and will always be the favorite desserts for both children and adults.
The popular bakery Bundt Cakes was first opened in 1997 and since then it provided to its customers cakes that taste like those made at home. They won their place in peoples hearts because of their amazing recipes and the use of top-quality ingredients.
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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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Whats It Like To Be A Part Of The Nothing Bundt Cakes Team
Workdays are enjoyable, and there is always something interesting to do. Management and coworkers are usually upbeat, pleasant, and eager to assist you in any way they can. Starting compensation may be poor, and hours may be reduced at some time, which is a bummer, but the work is enjoyable and you will learn a great deal on the job. Nothing bundt cakes is a delightful setting to be in while you are working on them.
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What Is The Profit Of Owning A Franchise
This is the initial investment. In general, your franchise earnings depend greatly on the brand you choose and the industry in which you operate. Approximately 82,000 US dollars per year is the average income of a franchise owner in the restaurant industry, whereas a non-franchise restaurant owner can earn up to $155,000 per year.
Is Nothing Bundt Cakes Growing Are They Opening More Locations Than They Are Closing
The net unit growth rate for Nothing Bundt Cakes over the past 3 years is 55%. Over the last year we have data for, Nothing Bundt Cakes had a net unit growth rate of 14%.
Without a comparison, this number doesnt mean much. Compare how the Nothing Bundt Cakes growth rate compares to 2,000+ other franchises and Industry franchises like Nothing Bundt Cakes. More info in the Nothing Bundt Cakesmetrics tab.
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What Are The Vegan Options At Nothing Bundt Cakes
Bundt cakes are among the most popular and delicious forms of sweets in the States. There is nothing better than a warm, fluffy slice of a perfectly made Nothing Bundt cake. Their popularity only seems to be increasing. However, vegan options at Nothing Bundt cakes are not yet existent.
So if you are planning to get vegan cakes, Nothing Bundt might not be the best place for you to order. Their website states in bold that all their cakes contain eggs and milk. But you arent entirely out of luck. Nothing Bundt Cakes may offer to customize their cakes to your vegan needs. It is up to the specific location of their franchise and the chefs there.
You may also try your hand at replicating their famous bundt cakes right at home with vegan ingredients!
This article will provide you with the entire menu of Nothing Bundt Cakes and discuss their ingredients in detail. You will also find here a complete list of alternative bakeries or brands which offer vegan-friendly cakes!
So read on to know all about vegan options at Nothing Bundt cakes and some fantastic vegan alternatives to Nothing Bundt Cakes.
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How Much Do Nothing Bundt Cakes Cost
Nothing Bundt Cakes was established by Mara Fortin, who created the most sought-after dessert in San Diego.
While Mary Fortin was the first person in this area to open a Nothing Bundt Cakes franchise, she took the idea, recipes, and title from the original Nothing Bundt Cakes that was established by Dena Tripp and Debra Schwetz. These two ladies took the bundt cake recipes from their mothers, combined them, perfected them, and created one of the best bakeries out there.
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Is Nothing Bundt Cakes Franchise Eligible For An Sba Loan
Nothing Bundt Cakes is eligible for SBA loans including the 7 loan. To find out more about the SBA loan program for franchising click here.
Nothing Bundt Cakes franchise was assigned the SBA Franchise ID of S1195 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Nothing Bundt Cakes that are reviewed and found eligible under SBAs affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.
Ii Average Net Revenues Average Cost Of Goods Sold Average Gross Margin Average Payroll Costs Average Occupancy Costs Average Advertising Expenses Average Other Expenses Average Interest Expenses Average Depreciation And Amortization Expenses Average Net Income Average Ebitda And Average Total Franchisee Principals Benefit
- Average Net Revenues is determined by taking the sum of included franchisees Net Revenues and dividing it by 236. For the 2020 Calendar Year, the high Net Revenues reported to Nothing Bundt Cakes was $3,122,238 and the low was $459,560.
- Cost of Goods Sold is defined as all direct costs including dry ingredients, packaging, and decorating costs.
- Average Gross Profit is defined as Average Net Revenues less Total Average Cost of Goods Sold.
- Payroll is defined as the cost of hourly employees, management labor, and manager salary or bonus payments, but does not include owner salary or draw.
- Occupancy is defined as all charges imposed under the lease agreements, including base rent, percentage rent, and common area maintenance charges.
- Advertising is defined as the cost of local store marketing efforts, as well as national marketing costs paid for on behalf of the franchisees.
- Other Expenses is defined as the sum of other operational costs required to operate the Bakery, including but not limited to royalties paid to Nothing Bundt Cakes, utility costs, repair and maintenance costs, credit card merchant fees, office supplies, and other expenses.
- Interest Expense is defined as financing charges for any outside bank loans being paid by the franchisee to their lender of choice.
- Depreciation and Amortization is defined as non-cash costs to expense, over time, the capital investments made by franchisees into their Bakeries.
Average
Cost of Goods Sold: $304,103
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The Way To Create An Electronic Signature For A Pdf Document In Google Chrome
The guidelines below will help you create an eSignature for signing nothing bundt cakes fundraiser information in Chrome:
Once youve finished signing your nothing bundt cake fundraiser form, choose what you wish to do next download it or share the document with other parties involved. The signNow extension gives you a selection of features for a better signing experience.
Find Good Franchises In Your Target Industries That Are Still Available In Your Area
4. Suzanne Miller, founder and president of SPM, added, Our relationship with Nothing Bundt Cakes goes back years, and now, as agency of record, we can really dive into this brand as an ongoing, strategic partner alongside the marketing team. This is a well-loved, iconic brand that is continuing to grow, and we are ready to jump in, roll up our sleeves and help support their success.
Newest Location
5. Nothing Bundt Cakes has been focusing on its growth and one of its newest bakeries opened in late March 2018 in Algonquin Commons in a suburb of Chicago, Illinois. The location is owned and operated by Danny Sorensen, who fell in love with Nothing Bundt Cakes after seeing how excited people were over the cakes while visiting other locations. Sorensens location is the second Nothing Bundt Cakes bakery to open in the area since late 2017.
6. According to Sorensen, locals were excited to see another Nothing Bundt Cakes location in the area. He said, People have just been going crazy about it. They love our samples and our flavors. Its been great so far, and the community has been amazing. The community has really embraced us.
Company History
8. Nothing Bundt Cakes was started in 1997 by two friends, Debra Shwetz and Dena Tripp, in Las Vegas, Nevada. Shwetz and Tripp started making baked goods together for their family and friends. They made their bundt cakes using high-quality ingredients and unique decorations, and demand for their cakes grew.
Entrepreneurs Franchise 500
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They’re Highly Sought After In The Business World
The success of Nothing Bundt Cakes is soaring, and plenty of people are interested in getting a slice of the company. According to Food Business News, in 2021, Atlanta-based private equity firm Roark Capital made a pretty sweet deal by acquiring Nothing Bundt Cakes from Levine Leichtman Capital Partners in Los Angeles.
Franchise Times reports that while the terms of the deal were not initially disclosed, it is believed that Roark outbid other investors by quite a generous amount. Roark seemed very eager to add Nothing Bundt Cakes to their investment list, settling it in with similar culinary acquisitions such as the Dunkin’ Brands, which they acquired in October 2020 for $11.3 billion. It seems Roark has every confidence in the success and potential of the company with Roark’s managing director Clay Harmon saying, “Nothing Bundt Cakes is a special brand with delicious products that are beloved by guests.”
Nothing Bundt Cakes Salary Faqs
The average Nothing Bundt Cakes salary ranges from approximately $25,391 per year for a Dishwasher to $47,234 per year for a Bakery Manager. The average Nothing Bundt Cakes hourly pay ranges from approximately $9 per hour for a GSR to $17 per hour for a Manager. Nothing Bundt Cakes employees rate the overall compensation and benefits package 2.8/5 stars.
The highest-paying job at Nothing Bundt Cakes is a Bakery Manager with a salary of $47,234 per year.
The lowest-paying job at Nothing Bundt Cakes is a Dishwasher with a salary of $25,391 per year.
Nothing Bundt Cakes employees attributed a compensation and benefits rating of 2.8/5 stars to their company. Read what they think about their salaries on our Compensation FAQ page for .
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