What was the balance at the end of the period for Nothing Bundt Cakes as of December 31, 2023?
Nothing_Bundt_Cakes Franchise · 2025 FDDAnswer from 2025 FDD Document
0,864,000 and $49,904,000 for the 53-week period ended December 31, 2023 and the 52-week period ended December 25, 2022, respectively.
Estimated amortization expense for both goodwill and franchise agreements is as follows:
| 2024 | $ 49,904,126 |
|---|
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 the end of the period as of December 31, 2023, was $259,433,351. The FDD also provides the balance at the beginning of the period, which was $295,253,884. Amortization for the period was ($35,820,533).
These figures reflect the financial status of NBC Franchisor LLC, the entity that grants franchises for Nothing Bundt Cakes. Amortization represents the reduction of the carrying value of intangible assets like franchise agreements and intellectual property over time.
Prospective franchisees should understand these figures as indicators of the financial activity related to the franchise system's assets. While this specific data point may not directly impact day-to-day operations of a single bakery, it provides insight into the overall financial management and asset valuation practices of Nothing Bundt Cakes.