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Things You Need To Know About The Nothing Bundt Cakes Franchise
Acquired by Roark Capital
1. In mid-May 2021, Levine Leichtman Capital Partners , 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.
2. The companys products are handcrafted and baked on-site daily with high-quality ingredients and proprietary formulations distributed by its in-house facilities. At the time of the announcement, Nothing Bundt Cakes had nearly 400 locations in the U.S. and Canada.
3. Matthew Frankel, managing partner of LLCP, said, Kyle Smith and the entire Nothing Bundt Cakes team have built a truly unique business that is positioned for continued growth, with an incredible culture built around great people. The Nothing Bundt Cakes investment has been very successful for LLCP, with exceptional same-store sales growth and robust franchise development.
4. This was driven by the efforts of the Companys management team along with value creation initiatives, including technological enhancements, menu innovation, supply chain improvements, and the introduction of corporate stores through both strategic M& A and de novo openings. We are grateful for everything the management team and founder, Dena Tripp, have done to create value for its shareholders, bakery owners, and guests. We wish the team all the best in their next chapter, said Frankel.
About Nothing Bundt Cakes Delivery
As the name suggests, Nothing Bundt Cakes makes only Bundt cakes, which are ring-shaped cakes that had been popular during the 1950s and 1960s but later fell out of fashion. The cakes come in ten flavors, with the chocolate chocolate chip being the most popular. Only some of the 200-plus Nothing Bundt bakeries provide delivery services, and they can be found in 27 states.
While some of the Nothing Bundt Cakes delivery services do their own deliveries, most work with third party delivery companies. For example, many of the Nothing Bundt Cakes bakeries based in Texas use a courier service called Dropoff to deliver their cakes.
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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.”
Nothing Bundt Cakes Cost
Nothing Bundt Cakes was first established by Mara Fortin, who had a vision for the best bundt cakes in San Diego. While Mary Fortin may have been the one to open up Nothing Bundt Cakes franchise there, she took her ideas from Dena Tripp and Debra Schwetz-the original founders of this iconic brand, which started out as an idea with recipes borrowed from their mothers kitchens.
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The Untold Truth Of Nothing Bundt Cakes
If you aren’t a big baker , you may be wondering what on earth a Bundt cake even is. Turns out that the funny looking cake pan hanging in your mom’s kitchen with the hole in the center is, in fact, a Bundt cake pan. Greatist explains that the peculiar shape of the pan serves for both taste and structure. The hole in the center creates more surface area for a buttery edge with a deliciously crispy crust. The sturdy cake is able to stand up to hearty frostings and decorations. While serving many wonderful purposes, the unique shape of the Bundt pan can cause some pesky problems, too, if a baker isn’t careful. Bundts run a risk of drying out as they are baked for an unusually long time and have more surface area exposed to direct heat while baking.
If you’re hankering for a slice, but you don’t want deal with the stress of making a whole cake from scratch, Nothing Bundt Cakes has you covered. As its name suggests, the ever-growing, much beloved chain focus on incredibly moist and delectable cakes of the Bundt variety. From Bundtinis to business ownership and everything in between, Nothing Bundt Cakes is a sweet company frosted with possibilities. Let’s take a look at the expanding bakery chain serving up these insanely delicious cream cheese frosted cakes, and all of the flavors they offer.
How To Make The Perfect Bundt
The key to a successful Bundt cake is to grease the pan REALLY WELL before pouring the batter in. I REPEAT, grease the pan REALLY WELL before pouring the batter in the pan. I used Crisco and the cake popped out very easily after it cooled. Isnt it pretty!
Then I whipped up my favorite cream cheese frosting which is the PERFECT icing for a red velvet cake!
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Summer is here! Well, not the season but the kids are out from school. Yay for them! Im so happy they can relax and take some time off. I remember being SO excited for Summer when I was a child. Its so exciting. But now Im a parent and its a bit different. I love my kids so much and truly enjoy spending time with them, but Summer is HARD for blogging mommies. And also for work from home daddies.
Its very tricky trying to navigate a work from home situation when the kids are home from school! And summer camps are so expensive. I feel like I spend a lot of time trying to entertain the kids, coordinate play dates and basically just doing anything I can to keep them from staring at a computer screen or an iPhone all day long! Its the big challenge of parents today!
But you came here to find a recipe didnt you! Thanks for letting me get that out. Its not so bad, just needed a chance to complain a little. Im very excited that I dont have to wake up at 6:30 am for a couple of months!
Section V Financial Performance Representations 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.
- As of December 27, 2020, there were 361 franchised Bakeries and 14 company-owned Bakeries open and operating in the United States.
- Part I of this Item sets forth the net revenues of 270 franchised Bakeries , all of which have been operating for at least 24 months as of December 27, 2020. The Measurement Period in Part I is January 1, 2019 to December 27, 2020.
- Included in this Item 19 are 5 franchised Bakeries owned and operated by Nothing Bundt Cakes founders.
- Nothing Bundt Cakes has excluded from Part I net revenue information of the 91 remaining Franchisee Bakeries because these Bakeries were not open and operating for the entire Measurement Period.
- The information contained in Part I was taken from the POS System.
- Part II of this Item sets forth average net revenues, average cost of goods sold, average gross margin, average payroll costs, average occupancy expenses, average advertising expenses, average other expenses, average interest expenses, average depreciation and amortization expenses, average net income, and average EBITDA achieved by 236 of the Included Franchisee Bakeries from January 1, 2020 through December 27, 2020 .
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It’s A Business Born From A Shared Love Of Baking
Established in 1997 by Dena Tripp and Debbie Shwetz, Nothing Bundt Cakes is the result of two friends’ shared passion for delicious desserts . Baking up tempting treats for their friends and family was a specialty of both women. When the two combined forces, however, those little hobbies started to morph into a burgeoning business.
Told by many that their cakes were unlike anything they had ever tasted, how could the two friends do anything but go into business together? Realizing that, at the time, there was a giant need in the baking world for delicious cake, readily available, that didn’t compromise on quality, the pair launched Nothing Bundt Cakes with a shop in Las Vegas. Per their website, even though Nothing Bundt Cakes is now a nationwide success with over 410 bakeries nationwide, it still maintains the warmth and nostalgia of it’s home kitchen roots.
You Can Own A Nothing Bundt Cakes Bakery
Thinking about starting your own Nothing Bundt Cakes? You can! On their website, the bakery describes their ideal franchise owner: “We invite a very special kind of person to become part of our Nothing Bundt Cakes family. We know that qualities like sincerity, warmth, and a little humor will take you far when you’re with the right people. Professional and genuine, this is the best of both worlds.”
According to the company, the total initial investment will cost anywhere from $440,800 to $636,500 which will include an initial franchise fee of $35,000, a grand opening allocation of $5,000, build out, signage, equipment, initial inventory, and working capital. Nothing Bundt Cakes will collect a 5% royalty and 4% for marketing on a weekly basis. And if you’re still questioning whether or not this may be a good opportunity for you, just check out their website which includes a list of awards Nothing Bundt Cakes has received for their franchise model.
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Nothing Bundt Cakes Franchise
Nothing Bundt Cakes franchise competes primarily with grocery stores and local bakeries within the larger bakery industry. They also compete with other bakery franchises such as Gigis Cupcakes, Golden Krust, and Cold Stone Creamery but separate themselves by offering luxury products made from high-quality ingredients at a low price. They also pride themselves on their shops mom and pop feel, which allows them to compete particularly with local bakeries.
While it is at this point very mature, the bakery industry is still achieving modest growth. Between 2016 and 2021, it grew at an annual rate of 2.9% to $11.2 billion in revenues and is projected to grow at an annual rate of 1.0% between 2021 and 2026.
Can You Freeze A Nothing But Bundt Cake
The Nothing Bundt cake can be left unrefrigerated for up to 48 hours. Nothing Bundt cake lasts a maximum up to 5 days in the refrigerator. If you want to freeze it, it lasts for up one week in the freezer. So, you can store Nothing Bundt cakes for 5 days in the refrigerator and up to 7 days in the freezer.
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Why Nothing Bundt Cakes
Nothing Bundt Cakes place a strong emphasis on top quality ingredients. So while they arent doing anything ground-breaking with their recipes, their ingredients are the freshest around, which helps to create that better quality taste.
The cakes on sale at Nothing Bundt Cakes are also very unique in their design. They avoid a traditional sheet or round cake style, and their frosting technique wont be found elsewhere.
This rich and creamy frosting is made from cream cheese and butter, and it does not coat the entire cake, as they are instead applied in a petal-like formation. It provides a truly unique design exclusive to Nothing Bundt Cakes, and there is also a lighter drizzle frosting available too.
There is also a variety of flavors available, and there is more than 25 hand crafted designs available covering all of your typical occasions and celebrations. Whether you need a birthday cake or seasonal cake for a particular holiday, Nothing Bundt Cakes gorgeous hand decorated cake selection will have you covered.
Nothing Bundt Cakes also go above and beyond to make a cake feel special. Each hand decorated cake is available with extras such as balloons, candles, cards and much more.
They offer a number of different cakes away from traditional birthday or seasonal cakes too. For example, you can tuck into an individual cake in the shape of Nothing Bundt Cakes bundlets, which are just mini bundt cakes.
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Employees Get Free Cake
As one can imagine, working for Nothing Bundt Cakes seems to come with lots of tasty benefits. When asked what it is like to be an employee at the bakery, one Indeed user responds, “It’s such a great place to work. Every time I tell someone I work at NBC they go on about how much they love it and how much fun it must be for me to work in an environment like that.” Another reports that employees are welcome to take home damaged and rejected cakes, free of charge.
That seems like an amazing perk but it begs the question: How do they stop themselves from “accidentally” bumping a warm white chocolate raspberry into a big heavy mixer, or “unintentionally” having a slip of the wrist with the piping bag, resulting in an imperfect flower petal design? The temptation would just be too great, if you ask us!
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Nothing Bundt Cakes Contact Us
What is your experience of your last visit to the Nothing Bundt Cakes Restaurant? You can share it with us by dropping the msg on their official page. They will stay connected with you and answered all questions according to ASAP.
If you think my post covers up your all question regarding Nothing Bundt Cakes Menu Prices. Please tell us your review of my post. You can drop your msg in the comment box of my page mymenuprice.
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Nothing Bundt Cakes Delivery Time
Nothing Bundt Cakes delivery times will vary, depending on whether they do their own deliveries or use a third party that will have its own policies. For example, Dropoff, the courier service that works with Nothing Bundt Cakes Texas locations offers flexible scheduling. A client may choose to have their cakes delivered ASAP or within a two-hour window or a four-hour window.
The bakery in Huntsville, Alabama uses a delivery service called Grub South. Delivery usually takes between 45 and 60 minutes. Clients need to place their orders by 6:30 p.m. and the service is closed on Sundays.
Many Nothing Bundt Cakes locations use on-demand restaurant delivery services like GrubHub or DoorDash. Like Dropoff, GrubHub allows the client to pick the time, while DoorDash promises to have the cakes delivered within 45 minutes. GrubHub is based in Chicago while DoorDash is based in San Francisco.
Postmates is another on-demand delivery service with headquarters in San Francisco. It operates in 27 states, plus the District of Columbia.
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