What was the balance at December 26, 2021 for Nothing Bundt Cakes?
Nothing_Bundt_Cakes Franchise · 2025 FDDAnswer from 2025 FDD Document
| 53-week period ended December 31, 2023 | 52-week period ended December 25, 2022 | |
|---|---|---|
| Revenues | ||
| Franchise fees | $ 2,510,000 $ | 1,530,000 |
| Royalty fees | 38,107,652 | 30,771,826 |
| Other revenue | 1,236,850 | 355,000 |
| Total revenues | 41,854,502 | 32,656,826 |
| Expenses | ||
| General and administrative expenses | 7,008,249 | 6,604,537 |
| Amortization | 50,863,821 | 49,904,126 |
| Total expenses | 5 |
Source: Item 23 — RECEIPTS (FDD pages 93–309)
What This Means (2025 FDD)
According to Nothing Bundt Cakes' 2025 Franchise Disclosure Document, the balance at December 26, 2021, was $950,138,512. The document also indicates a net loss of $23,981,270 and distributions of $26,645,995, which resulted in a balance of $899,511,247 at December 25, 2022.
For a prospective franchisee, understanding these figures provides insight into the financial standing of Nothing Bundt Cakes. The balance indicates the overall financial health of the company at a specific point in time, while the net loss and distributions reflect the company's profitability and how it allocates its funds. Reviewing these figures over multiple years, as presented in the FDD, can help a franchisee assess the financial stability and trends of the franchisor.
It is important to note that past financial performance does not guarantee future results. However, analyzing these historical figures in the FDD can contribute to a more informed decision-making process for potential franchisees. Consulting with a financial advisor is recommended to fully understand the implications of these financial statements and how they might impact a franchisee's investment.