How Much To Franchise Nothing Bundt Cakes

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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

Nothing Bundt Cakes opens Warner Robins location
  • 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

Nothing Bundt Cakes Franchise For Sale

Are you looking to start a business in the food industry franchise, Nothing Bundt Cakes Franchise is a great opportunity to come in top ranking in the food industry. In 1997, Nothing Bundt Cakes is cofounded by Friends Dena Tripp and Debra Shwetz Out of Las Vegas.

Nothing Bundt Cakes made fresh with the best ingredients to make delicious, deluxe dessert experience every day. The cakes are selling in single-serving sizes, as well as large cakes designed to make for birthday and anniversary parties and also with large customers cakes orders.

Nothing Bundt Cakes company included Red Velvet, Carrot, Lemon, Chocolate Chocolate Chip, White White Chocolate, Cinnamon Swirl, White Chocolate Raspberry, Pecan Praline, Marble, and a special flavour of the month.

This is a Unique business concept. when a guest visits the bakery, they often surprised and find out the Nothing Bundt Cakes franchise. This company stores have a feel of Mom and Pop Shop to customers. Nothing Cakes is looking for like-minded entrepreneurs who are ready to jump on the great opportunity of joining this franchise of family.

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I Included Franchisee Bakeries Average Net Revenues And Growth In Average Net Revenues During The Measurement Period

  • Net Revenues includes all revenues generated from all business conducted at or from a Bakery during the Measurement Period, including amounts received from the sale, shipping, and delivery of food items, amounts received through the E-Commerce program and from gift card sales, and other products and services, merchandise, and tangible property of any nature whatsoever, whether in cash or for credit, and whether collected or uncollected.
  • Net Revenues does not include the amount of any applicable sales tax imposed by any federal, state, municipal, or other governmental authority if such taxes are stated separately when the Guest is charged and franchisee pays such amounts, as and when due, to the appropriate taxing authority.
  • Also excluded from Net Revenues are the amount of any documented refunds, chargebacks, credits, and allowances given to Guests in good faith pursuant to Nothing Bundt Cakes standard procedures for issuing such refunds.
  • The Average Net Revenues for the Included Franchisee Bakeries were calculated by taking the sum of the Included Franchisee Bakeries Net Revenues and dividing it by the total number of Included Franchisee Bakeries.
  • The Percentage Growth in Average Net Revenues was calculated by taking the difference between the Average Net Revenues achieved by the Included Franchisee Bakeries in 2020 and 2019, and dividing it by the Average Net Revenues achieved by the Included Franchisee Bakeries in 2019.

Included Franchisee Bakeries

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How To Open A Nothing Bundt Cakes Franchise

  • Ensure you have adequate capitalization. In order to open a Nothing Bundt Cakes franchise, you must have a net worth of more than $408,000.
  • Appreciate the investment required for a bakery store franchise. You will need to consider building and real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
  • Evaluate your prior experience and strengths. You should thoroughly evaluate your prior business experience before applying to become a Nothing Bundt Cakes franchise owner.
  • Assess market availability. You will want to look at the market availability for Nothing Bundt Cakes franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
  • Submit your application. Your application will be reviewed by the Nothing Bundt Cakes franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
  • Receive approval & opening your Nothing Bundt Cakes franchise. You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
  • Request Free Info

    Check Out Our Products And Flavors Today

    Nothing Bundt Cakes Henderson Nv

    Will definitely be back soon. Check out our products and flavors today! 1443 us route 1 north brunswick, nj, nj 08902. The cake was amazing, and the icing, too. Our bundt cakes can even be delivered to your home from your local nothing bundt cakes bakery. See 2 unbiased reviews of nothing bundt cakes, rated 5 of 5 on tripadvisor and ranked #35 of 122 restaurants in north brunswick. The nothing bundt cakes froster ensures that cakes of the highest quality are consistently created for our guests and contributes to superior service by meeting production demands. Celebrate lifes special moments with handcrafted bundt cakes from nothing bundt cakes,. Add to wishlist add to compare share #1 of 25 restaurants with desserts in north brunswick township. Nothing bundt cakes north brunswick, nj 3 weeks ago be among the first 25 applicants. In 1997, they joined forces, or better yet kitchens, to help make cakes to. View nothing bundt cakes north brunswick, nj, us profile on linkedin, the worlds largest professional community. Nothing bundt cakes has 1 job listed on their profile.

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    Who Owns Nothing Bundt Cakes

    Nothing Bundt Cakes was founded in 1997 by Debbie Shwetz and Dena Tripp. The company is headquartered in Addison, Texas and has over 200 locations across the United States. The company is owned by Debbie Shwetz and Dena Tripp.

    Nothing Bundt Cakes was purchased by Levine Leichtman Capital Partners for approximately $12 million in cash. The transactions terms were not disclosed. Our products are handcrafted and baked on-site with proprietary formulations, and they are made with ingredients that we use on a daily basis. There have been 29 franchise/multi-location acquisitions by Roark, and this new investment will bring his total to 92. Nothing Bundt Cakes owner, Nothing Bundt Bakery, has been purchased by Levine Leichtman Capital Partners, a private equity firm.

    Iii Average Net Revenues And Percentage Growth In Average Net Revenues For Bakeries Opened During 2018

    • The table below sets forth the Average Net Revenues and the Percentage Growth in Average Net Revenues achieved by all 42 Bakeries that opened during the 2018 calendar year and which have been open and operating a full 24 months as of December 27, 2020.
    • Average Net Revenues First 12 Months of Operation was calculated by taking the sum of the included franchisees Net Revenues achieved during the first 12 months of operations, and dividing it by the total number of included franchisees.
    • Average Net Revenues Second 12 Months of Operation was calculated by taking the sum of the included franchisees Net Revenues achieved during the second 12 months of operations, and dividing it by the total number of included franchisees.
    • The Average Net Revenues reflect the first and second full 12 months of business, and does not necessarily reflect sales achieved during any entire calendar year .
    • The Percentage Growth in Average Net Revenues was calculated by taking the difference between Average Net Revenues Second 12 Months of Operation and Average Net Revenues First 12 Months of Operation, and dividing it by the Average Net Revenues First 12 Months of Operation.

    Year Bakery Opened: 2018

    • This analysis does not contain complete information regarding costs associated with starting up and operating a Bakery.
    • The data presented in Parts I, II, and III is for established Bakeries open and operating a minimum of 24 months as of December 27, 2020.

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    Switch Without A Hitch

    The official switch to Nextiva service at their corporate office and nearly 40 bakery locations began in February 2018.

    All new locations that open are now set up with Nextiva service.

    In the corporate office, the transition to Nextiva went off without a hitch.

    Everyone was really pleased with the change from our old VoIP system to the new one, Torregrossa said. The call quality is 100 times better.

    Implementation was the easiest part, according to Torregrossa.

    After sending Nextiva their list of users, Nextiva uploaded them to the virtual NextOS Portal, and the offices 50 users were ready to go.

    Implementation also went smoothly in the franchise locations. Torregrossa trained franchise employees to use the systems basic features and saw that they were happy with the newfound convenience of the NextOS Portal.

    Pros And Cons Of Nothing Bundt Cakes Franchise

    Nothing Bundt Cakes

    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

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    Are Bundtinis Individually Wrapped

    With our cakes, you won’t take a bite and have the frosting overwhelm the cake like you do when you eat a cupcake, she says. … From bite-size Bundtinis to individually packaged Bundtlets to 8-inch or 10-inch Bundt Cakes and tiered Bundt Cakes, these scrumptious cakes are perfect for any occasion.

    Nothing Bundt Cakes Franchise Locations

    Nothing Bundt Cakes has been expanding rapidly in recent years, with new franchise locations popping up all over the country. The company now has over 200 locations in the United States and Canada, with more on the way. The popularity of Nothing Bundt Cakes lies in its simple, yet delicious, Bundt cakes. These cakes come in a variety of flavors, all of which are sure to please any sweet tooth. If youre looking for a delicious dessert, be sure to check out a Nothing Bundt Cakes location near you.

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    Nothing Bundt Cakes Franchise : How To Make Money Like Pro

    Nothing Bundt Cakes has more than 430 bakeries across the US and Canada, making it one of the worlds 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.

  • 4. How do Nothing bundt cakes franchises make money?
  • Experience Consistency And Customizable Features

    How Much Does Nothing Bundt Cakes Make

    We have a very lean IT team here at our support office, so its challenging to manage any type of changes or configurations.

    I was looking for a provider with knowledgeable customer support that could implement the basic system consistently each time we open a new bakery location, while also supporting franchisees who want to customize features.

    Torregrossa also said he knew he wanted to use a VoIP-based provider.

    The driving factor to go out and look for a new phone system was the quality. The capabilities you get with VoIP is far superior to traditional telephone lines, Torregrossa said.

    Nothing Bundt Cakes learned about Nextiva from their Channel Partner, TRCA, an Intelisys subagent, who connected them with a Nextiva sales representative.

    After going through a demo, the Nextiva sales representative was able to show us the back-end configuration. It looked user-friendly, which was important, Torregrossa explained.

    Our bakery owners are busy and dont have the time to dedicate to learning complicated systems. They rely on tech support for proper configuration.

    Therefore, the interface and the Nextiva Support team were a big selling point.

    Before making the switch, Torregrossa thoroughly vetted the system to figure out how it would work in practice, and how they could scale it efficiently to both the headquarters and franchise locations.

    After the analysis, Nothing Bundt Cakes decided to make Nextiva their preferred phone vendor.

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    Do Franchise Owners Make Money

    According to the Franchise Business Review*, franchisees in the United States earn an average of $63,000 pre-tax per year. It is estimated that the project will cost around $80,000. In the United States, the majority of franchise owners make less than $50,000, with only 7% earning more than $250,000.

    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.

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    What Is The Profit Of Owning A Franchise

    This is the first outlay of funds.If your franchise firm is linked with a brand and industry that you are acquainted with, you will earn more money as a franchisee.Franchise owners make an average of $82,000 per year in the restaurant sector, which is a respectable wage when you consider that nonfranchise restaurant owners can earn anywhere from $24,000 to $155,000 per year in their respective industries.

    Nothing Bundt Cakes North Brunswick Nj

    Nothing Bundt Cakes Talks Nothing But Cakes

    Nothing Bundt Cakes North Brunswick Nj. Nothing bundt cakes, north brunswick. Nothing bundt cakes, north brunswick.

    Get nothing bundt cakes reviews, ratings, business hours, phone numbers, and directions. And the cakes are delish In 1997, they joined forces, or better yet kitchens, to help make cakes to. 51 reviews bakeries, desserts, cupcakes my top three favorite flavors are pecan praline, lemon, and chocolate chocolate chip. see all nothing bundt cakes reviews the baklava lady. 51 reviews of nothing bundt cakes stopped in to see the new bakery.

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    Nothing Bundt Cakes In Brunswick Nj

    Let us sweeten your day! Choose from up to ten delicious Bundt flavors made from the finest ingredients and crowned with our signature cream cheese frosting. To elevate your occasion, select from more than sixty unique handcrafted cake designs themed around holidays and celebrations throughout the year. They can be customized for any occasion, including birthdays, showers, weddings and graduations. For that extra touch, we carry a variety of retail items to enhance your celebration. Next time you need a one-stop shop for your upcoming gathering, bring the joy with Nothing Bundt Cakes!

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    Nothing Bundt Cakes History

    In 1997, Nothing Bundt Cakes was founded by Dena Tripp and Debbie Shwetz. The cakes use from fresh eggs, real butter, and real cream cheese. No matter what the occasion, if you want to satisfy your cravings, you can also get a piece of individual Bundtlet.

    Nothing Bundt Cakes Menu with Prices

    So visit and share your experience with our post by visiting the official site as well as the social site.

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    How Much Is The Franchise Fee For Nothing Bundt Cakes

    Nothing Bundt Cakes has a franchise fee of $35,000. There is also a minimum initial investment of $248,600, with $118,600 of that being liquid cash.

    Nothing Bundt Cakes was started by Debbie Shwetz and Dena Tripp in 1997. The brand has more than 300 corporate and franchise bakeries in 40 states and Canada as of today. The bakerys warm and nostalgic roots can still be found in each of its locations, but we strive to keep it modern. It is possible that a Nothing Bundt Cakes franchisee will be charged a weekly franchise fee. In addition to equipment and marketing fees, some fees include licensing and insurance fees. In addition to the franchise fees detailed in the Financial Disclosure Document , a copy of the Franchise Agreement can be obtained from the franchisor.

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