Nothing Bundt Cakes

At a Glance

Products & Services: Bundt cakes, gifts

Number of Locations: 78

Total Investment: $339.8K - $440.7K

Founded: 1997

Began Franchising: 2006

Franchise Units

Year U.S. Canadian International Company Owned
2013 76 0 0 2
2012 61 0 0 2
2011 40 0 0 2
2010 21 0 0 2
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $339,800 - $440,700
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $600,000
Liquid Cash Available: $150,000
Operations
30% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 15 - 20. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 4 weeks. At franchisee's location: 3-5 days.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Regional advertising,

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