What Is The Net Worth Of Nothing Bundt Cakes
The Average Net Revenues formula is derived from the sum of included franchisees Net Revenues and the number of included franchisees Net Revenues. Nothing Bundt Cakes Net Revenues in 2020 were $3,122,238, with a low of $459,560 and a high of $3,122,238.
What are the best Christmas cakes to celebrate a special occasion? There is no place like our store to find Bundt Cakes. Our Bundt Cakes come in a variety of sizes to fit any occasion, from 8-inch bundts to 10-inch bundts, and dont forget our delicious bite-size Bundt Cakes called bundttinis or our sturdy, palm-size bundts. Our white chocolate raspberry Bundt Cake is a delicious and refreshing dessert choice, and our lemon Bundt Cake is the ideal dessert for those who prefer citrus flavors. Whether youre planning a special occasion or just want to enjoy a delicious cake on a lazy day, our Bundt Cakes are the perfect dessert.
Why You May Want To Start A Nothing Bundt Cakes Franchise
Nothing Bundt Cakes prides itself on only using the highest quality of ingredients to make its cakes, which has given it a solid base of customers.
Nothing Bundt Cakes is an award-winning franchise that has ranked in Entrepreneurs Franchise 500 multiple times in recent years. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
About Nothing Bundt Cakes
To find the perfect recipe, you first need the perfect ingredients. And thats what our founders Dena Tripp and Debbie Shwetz were for each other. In 1997, they joined forces, or better yet kitchens, to make cakes for their friends and family. The cakes they made were delicious, unlike anything anyone had tasted. As a result, their friends and family asked them to entertain more and more.
They quickly realized this side project of theirs could be something more. There was a gap in the world for delicious cakes, readily available, that didnt compromise on their ingredients. Real eggs, butter and cream cheese nothing was too good to achieve perfection. And perfection is that decadent, slowly melting bite of cake we all know and love.
Flash forward and the Nothing Bundt Cakes brand has grown nationwide. Built on Dena and Debbies vision, each bakery still has the warmth and nostalgia of its home-kitchen roots, but we also take a modern approach for the world today. So whether youre enjoying a Bundt Cake or a Bundtinis®, one thing is certain perfection is all we offer.
We have more than 300 corporate and franchised bakeries in 40 U.S. states and Canada. Of the 300+ current Nothing Bundt Cakes bakeries, more than 90% are female-owned. We love what we do! Our brand purpose is to spread joy every day because we believe that real smiles are contagious!
Company Founded
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Nothing Bundt Cake Franchise Profit
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Nothing Bundt Cakes franchise specializes in the sale and delivery of specialty bundt cakes and also sells other food items and retail merchandise. They offer a variety of cake flavors, with red velvet, chocolate chocolate chip, and white chocolate raspberry among their most popular. Nothing Bundt Cakes also makes cakes for holidays, birthdays, weddings, and other special occasions.
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The current CEO is Kyle Smith, who has been in this role since 2017. Previously, he has served as President and as Chief Operating Officer for the company.
The following costs are part of the upfront costs included in the initial investment for a Nothing Bundt Cakes franchise.
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Opened Two New Locations
7. In early November 2021, Nothing Bundt Cakes opened two new locations, one in the Dayton, Ohio area and the other in the Virginia Beach area. The Dayton location is the second one in the area for franchise owners Jeff and Renee Hall. Sean and Dana Whitaker own the Virginia Beach location, which is the third one for the family.
8. Nothing Bundt Cakes Beavercreek is currently under a soft opening and the Halls plan to have a grand opening sometime in January following the holiday rush. In 2018, the Halls opened their first Nothing Bundt Cakes shop in Miamisburg in the Shoppes at the Exchange retail center north of Austin Landing. Its been a successful first three years, said Renee Hall, with over 12,000 customers who subscribe to the bakerys eClub.
9. The Halls said, have definitely been super supportive and excited for us. Its really been neat to see the customer reaction. When we tell them theyre excited for us and theyre happy for us. So, that makes for a good feeling.
10. The shop operates as a carryout-only bakery, selling four different sizes of Bundt cakes ready for purchase. If a customer doesnt see a cake in the flavor they like thats ready to go, Hall said they can make a fresh, hand-crafted Bundt cake within 15 to 20 minutes. Theres also a retail space in the bakery with balloons, small gifts, candles, and more available.
Company History
Entrepreneurs Franchise 500
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Nothing Bundt Cakes Franchise A Franchise Is When A Business Allows A Party To Acquire Its Know
Nothing Bundt Cakes franchises are primarily focused on the sale and delivery of speciality bundt cakes, but they also sell other culinary products and retail stuff as well.A number of cake varieties are available, with the most popular being red velvet, chocolate chocolate chip, and white chocolate raspberry.Nothing Bundt Cakes also creates cakes for special events such as holidays, birthdays, weddings, and other celebrations.When Dena Tripp and Debbie Shwetz teamed together to produce cakes for their friends and family in 1997, they created Nothing Bundt Cakes.Their friends and family continued requesting more and more cakes, and they quickly realized that they could turn their hobby into a profitable company.Nothing Bundt Cakes has expanded throughout the United States in the years since its founding.
- As of 2017, Kyle Smith has been serving as the companys chief executive officer.
- His previous positions include those of President and Chief Operating Officer for the organization.
- In 2020, Nothing Bundt Cakes had 362 franchised locations and 14 corporate locations, according to their website.
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Nothing Bundt Cakes Franchise Opportunity
If you are interested to become a franchise owner of Nothing Bundt, then you are in the right direction to become a good and successful entrepreneur. and look for nothing bundt cakes franchise opportunity.
You are protected territories of your Nothing Bundt Cakes
You will get a positive work environment and family-friendly work schedule with enjoy.
You will get the experience of the freedom and stability of being own boss
The franchise is provide training support, marketing supports, grand opening support which means are help to grow of your franchise
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How Much Does It Cost To Start A Nothing Bundt Cake Franchise
The cost of starting a Nothing Bundt Cake franchise can vary depending on a number of factors, including the location of the franchise and the size of the store. However, the average cost of starting a Nothing Bundt Cake franchise is around $30,000.
Debbie Shwetz and Dena Tripp combined their kitchens to create Nothing Bundt Cakes. To qualify, a franchise or partner must have a net worth of $600,000 and liquid capital of at least $150,000. As of 2021, the median salary for a franchisor is expected to be $74,614 per year. Nothing Bundt Cakes, a specialty bakery with over 300 locations across the United States, is a favorite among consumers. The company expects to earn a net profit of $232,829 to $465,619 per store on average. The initial investment in a franchise can be quickly recouped if the profit margins are high. Nothing Bundt Cakes now has over 270 locations across the country. Debbie and Denas vision for each bakery upholds the nostalgia and comfort of their home-style kitchens. This is one of the best red velvet cakes on the market.
New Bakery Opens On Wolf Road
When Melissa Gleason began her professional career, she was a business analyst for ADT Security before transitioning to the New York State Department of Criminal Justice. Then, after a decade of being a stay-at-home mom, Gleason decided to get down to business her own business.
Now the owner/operator of New York states first and only Nothing Bundt Cakes franchise, located at 110 Wolf Road in Albany, Gleason says shes excited about the opportunity the future holds. She also says the decision to buy and operate a franchise location has been a labor of love and an exercise in patience.
The fact is, just a few short years ago, Gleason wasnt aware of Nothing Bundt Cakes. That is, until her in-laws in Baton Rouge, Louisiana told her about it. Her husbands family loved the cakes so much that they shipped one to her home in Clifton Park so they could try it. Her family loved it, and Gleason began doing some research. She says she thought about opening a franchise for a year, then took two years to get paperwork and other logistics in place.
I saw there wasnt a franchise in New York. Ours is the first one and its a test market, Gleason says. Down south and out west, Nothing Bundt Cakes franchises have lines out the doors. People know the brand and the reputation is there.
She says people who moved here from the south, California and Texas have already called and emailed her asking when the Albany location is open.
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How Much Can I Earn By Owning A Nothing Bundt Cakes Franchised Business
As with any new franchised business, the franchisee’s income and the revenue from a Nothing Bundt Cakes franchise opportunity depends on a variety of factors. One way to check on the potential revenues or profits generated from a Nothing Bundt Cakes franchise investment is to review the franchisor’s Item 19 within their Franchise Disclosure Document. Usually, earnings and owner’s income are correspond to the size of the investment and number of locations you buy. Demand for your products, the labor costs, commercial lease rates and a number of other variables also play a large role in your earnings and your personal income
For more details and franchise specific on the revenue of a Nothing Bundt Cakes franchise, unlock this franchise
Nothing Bundt Cakes And A Wonderful Opportunity
If youve never heard of the company Nothing Bundt Cakes, where have you been hiding and can I hide out there every once in a while?
Just kind of kidding.
Anyway, Nothing Bundt Cakes is an incredible establishment that offers bundt cakes of course. But not just any regular bundt cakes. These cakes are beautifully made in different shapes and sizes. They are wonderfully made for every season and celebration.
Its a taste of childhood from grandmas bundt cakes mixed with a new-age flavor and edge. These cakes can be made as little cupcakes, regular-sized bundt cakes, tiered level cakes, and beautiful towers.
The frosting is beautifully drizzled on with a light and creamy texture. It really is a taste from home with that extra special touch. With ingredients that are always real and always fresh, you cant go wrong with having one of these delectable treats at your table this holiday season.
And now that there is a franchise opportunity, you can enjoy these cakes at your dinner table every night of the year.
Sounds pretty great, right?
But how does their franchise opportunity work? Lets check it out.
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Success Is A Piece Of Cake: Dena Tripp Co
Founders Debra Shwetz and Dena Tripp started Nothing Bundt Cakes in Las Vegas in 1997, simply to please their family and friends. Needless to say, over time, thousands of other people became just as excited about their delicious cakes as they were. By using the purest ingredients, handcrafted recipes and imaginative decorations, Nothing Bundt Cakes has grown into the warm brand that it is today, as they celebrate the very heart of true hospitality, where all are welcome and no one is a stranger.Each thoughtful detail of the experience, from the heartfelt welcome at the door to remembering the customers favorite flavor, has been naturally embraced at Nothing Bundt Cakes and that same culture and spirit has been brought into their relationships with franchise owners.Its a very special kind of person that gets invited to become part of the Nothing Bundt Cakes family and well talk about that and more today, with Dena Tripp.
Join Our Growing Family
From Happy Birthday to Just Because, Nothing Bundt Cakes is committed to bringing joy to our guests and our communities and helping make every celebration sweeter! Each bakery offers a warm and welcoming work environment with team members who embody this joy-filled brand and possess a Servants Heart, the Spirit of a Champion and the ability to make Genuine Connections.
With more than 410 bakery locations in 40+ U.S states and in Canada, theres plenty of opportunity to join our family!
Click here to learn more about Nothing Bundt Cakes.
Employees at a franchised Nothing Bundt Cakes bakery location are employed by the franchise owner/operator and are not employees of Nothing Bundt Cakes Corporate . All inquiries about employment should be directed to the franchise owner/operator and not to Nothing Bundt Cakes Corporate. Each franchise owner/operator is responsible for ensuring compliance with local, state and federal law.
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History Nothing Bundt Cakes
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Dena Tripp and Debbie Shwetz united their kitchens in 1997 with a simple aim in mind: to make exquisite cakes for family and friends using natural, high-quality ingredients.
They realized that by working together, they could transform their warmth, knowledge, and home-kitchen roots into delectable delicacies to commemorate significant events in the lives of those they cared it.
After more than two decades, the relationship has grown into a well-known national dessert brand.
Nothing Bundt Cakes, based in Addison, Texas, now has over 270 franchise locations across the country each one carefully managed to uphold the companys initial commitment to warmth, hospitality, and, of course, excellent cakes for any occasion.
How To Open A Nothing Bundt Cakes Franchise
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How Much Profit Does A Nothing Bundt Cakes Make
There is no definitive answer to this question as it can vary greatly depending on a number of factors, such as the location of the business, the amount of overhead costs, etc. However, it is safe to say that a nothing bundt cakes business can be quite profitable, especially if it is run efficiently and effectively.
Nothing Bundt Cakes had 330 locations as of the end of 2019, according to the company. Sales of the system increased by 23%, reaching $332 million. It is the brands specialty retail division that has a distinct position. According to the Bureau of Labor Statistics, the average annual salary for a manager in the United States is $80,343. Nothing Bundt Cakes franchises start at $326,003 and end at $422,293 per franchise. According to Franchise Business Review*, U.S. franchise owners typically earn $63,000 pre-tax per year. Only 7% of franchise owners earn more than $250,000, while the majority earn less than $50,000 per year.
Included Franchised Bakeries 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.
- Part 1 of this Item consists of two tables.
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