| Nothing Bundt Cakes | Bahama Buck's | |
| Disclosure honesty | B | C |
| Investment from | $667,100 | $528,050 |
| Total fees | 11% | 8% |
| Outlets | 660 | 115 |
| Lawsuits | 1 | 0 |
Discloses average Net Revenues ($1.48M), 4-Wall EBITDA (~21.6% avg), COGS, labor, occupancy breakdowns for 297 bakeries. Excludes owner salary from EBITDA, omits D&A, interest, taxes; cherry-picks mature, top-performing subset.
Discloses 2023 franchisee sales (avg $559K, 103 stores) and corporate EBITDA (~$122K avg on $611K sales). No franchisee-level profit disclosed; corporate adjustments may not reflect typical franchisee costs or owner salary.
Full net-profit math, financing, red flags. See a sample →