Can Nothing Bundt Cakes change the amount of the Technology Service Fee at any time?
Nothing_Bundt_Cakes Franchise · 2025 FDDAnswer from 2025 FDD Document
In addition to the fees set forth above, we reserve the right to require that you pay us or our designated vendor(s) fees (which may be collected monthly, quarterly, or annually) associated with maintaining required computer hardware and software, supplying technology solutions, such as the app and fundraising platforms, payment card processing services, guest experience and any other technology existing now or developed in the future used in the operation of your Bakery, and such payment shall be made in the manner we or the designated vendor(s) prescribe, as applicable. If we collect these fees directly, the fees must be paid as described in Section 3.4 of this Agreement, or as we otherwise set forth in writing. We reserve the right to change the amount of the fees described in this Section at any time.
Source: Item 23 — RECEIPTS (FDD pages 93–309)
What This Means (2025 FDD)
According to the 2025 Nothing Bundt Cakes Franchise Disclosure Document, Nothing Bundt Cakes retains the right to modify the Technology Service Fee at any point in time. This fee is intended to cover the costs associated with maintaining necessary computer hardware and software, delivering technology solutions like apps and fundraising platforms, payment card processing, guest experience enhancements, and any other technology currently in use or developed in the future for the bakery's operations.
The Technology Service Fee may be collected monthly, quarterly, or annually, and franchisees are obligated to make these payments in the manner prescribed by Nothing Bundt Cakes or its designated vendors. If Nothing Bundt Cakes collects these fees directly, payment must be made as described in Section 3.4 of the agreement or as otherwise specified in writing.
For a prospective Nothing Bundt Cakes franchisee, this means that the Technology Service Fee is not fixed and can be adjusted by Nothing Bundt Cakes. It is important for franchisees to factor in the potential for these fees to change when assessing their overall operating costs and profitability. Franchisees should maintain open communication with Nothing Bundt Cakes to stay informed about any upcoming changes to the Technology Service Fee and understand the reasons behind those changes.