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SUBJECT DOSSIER · FDD 2025

Nothing Bundt Cakes Franchise

Cost, fees, owner earnings, closure rate and litigation for a Nothing Bundt Cakes franchise — pulled from the franchisor's own public FDD (2025), not its sales material.

Bakery, Dessert & Ice Cream · disclosure-honesty grade · from public state filings

Disclosure honesty

B
Transparency 4 / 5

Nothing Bundt Cakes discloses earnings (Item 19) — but the grade is how honestly. We graded it B.

Outlets660
Disclosed lawsuits1
Closure signals0 ceased
Investment
$667,100–$1,032,500
Total fees
11% of sales
Outlets
660
Closure signals
0 ceased, 0 terminated
Lawsuits
1
◢ FINDINGS
ITEM 03
1 legal matters disclosed
Litigation in Item 3 signals how the franchisor treats its franchisees.

What their own earnings claim actually says

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.

What a Nothing Bundt Cakes franchise actually costs to run

FeeDisclosedWhere it comes from
Initial franchise fee$45,000Item 5 — paid up front, before you open
Royalty6% of gross salesItem 6 — charged on revenue, not profit
Advertising fund5% of gross salesItem 6 — brand marketing, spent at the franchisor's discretion
Total recurring fees11% of gross salesBefore rent, labor, food or debt service
Total initial investment$667,100 – $1,032,500Item 7 — franchisor's own low/high estimate

Royalty 6% + marketing 5% = 11% total weekly on net revenues; renewal fee 50% of then-current initial fee.

Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.

Nothing Bundt Cakes system size and owner turnover

Total outlets660
Ceased operations0
Terminated by franchisor0
Transferred to new owners46
Closure rate0.0% of outlets

Zero terminations or closures across 2022-2024; rapid growth with 46 transfers in 2024 suggests healthy system.

From Item 20 of the FDD 2025. Terminations and ceased operations are the franchisor's own count of owners who stopped — the number the sales pitch leaves out.

Is Nothing Bundt Cakes worth it? — how it compares to 59 similar franchises

Ongoing fees11% of salessteeper than 96% of bakery, dessert & ice cream franchises
Startup costfrom $667,100pricier than 87% of peers
Disclosure honestyGrade Bmore honest than 85% of bakery, dessert & ice cream franchises
Closure rate0.0% of outletsbetter than most (median 0.9%)
Disclosed lawsuits1about average

Benchmarked against every bakery, dessert & ice cream franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

◤ CLASSIFIED · ITEM 19 RECONSTRUCTED

Owner take-home for a Nothing Bundt Cakes

The franchisor's framing: Discloses average Net Revenues ($1.48M), 4-Wall EBITDA (~21.6% avg), COGS, labor, occupanc… We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

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Nothing Bundt Cakes franchise — frequently asked

How much does a Nothing Bundt Cakes franchise cost?
The FDD lists a total initial investment of about $667,100–$1,032,500, including a $45,000 initial franchise fee.
How much do Nothing Bundt Cakes franchise owners make?
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. We grade this disclosure B for honesty.
What are the Nothing Bundt Cakes franchise fees?
Nothing Bundt Cakes' FDD discloses a $45,000 initial franchise fee, a 6% royalty on gross sales, a 5% advertising-fund contribution, for roughly 11% of gross sales in recurring fees before rent, labor, or debt service. Royalty 6% + marketing 5% = 11% total weekly on net revenues; renewal fee 50% of then-current initial fee.
What is the Nothing Bundt Cakes franchise profit margin?
Nothing Bundt Cakes does not publish a franchisee net-profit margin — almost no franchisor does. What Item 19 actually shows: 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. Recurring fees alone take about 11% of gross sales, before rent, labor, food or debt service. Margin has to be reconstructed from the disclosure, not read off it.
What is the Nothing Bundt Cakes franchise failure rate?
Zero terminations or closures across 2022-2024; rapid growth with 46 transfers in 2024 suggests healthy system.
How many Nothing Bundt Cakes locations are there?
Nothing Bundt Cakes' FDD reports 660 total outlets, with 0 that ceased operations in the most recent reporting year and 46 transferred to new owners. Item 20 is where system health shows up before the marketing does.
Does Nothing Bundt Cakes have complaints or lawsuits?
Nothing Bundt Cakes discloses 1 legal matter in Item 3 of its FDD. Item 3 covers the franchisor's litigation history, which is the closest thing to a public record of how it treats franchisees — read the case descriptions, not just the count.
Is a Nothing Bundt Cakes franchise worth it?
It depends on the numbers, not the pitch. Nothing Bundt Cakes scores B on disclosure honesty, carries about 11% of sales in ongoing fees, and discloses 1 legal matters. Get the real owner take-home before you sign.

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Source: MN CARDS 34084-202505-07 (Clean FDD 2025). FranchiseValidate is independent and not affiliated with Nothing Bundt Cakes or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.