| Nothing Bundt Cakes | Jeni's Splendid Ice Creams | |
| Disclosure honesty | B | B |
| Investment from | $667,100 | $698,000 |
| Total fees | 11% | 7% |
| Outlets | 660 | 94 |
| 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.
85 corporate-owned shops, 2025 fiscal year. Quartile-based net profit data. Top 25% averaged $332,780 profit; bottom 25% averaged -$75,139 loss. No franchisee data available.
Full net-profit math, financing, red flags. See a sample →