How are franchise agreements stated for Nothing Bundt Cakes?
Nothing_Bundt_Cakes Franchise · 2025 FDDAnswer from 2025 FDD Document
hout further action. However, if the new legal entity's ownership is not completely identical to your ownership, you first must seek our approval for that new entity to develop and operate the proposed Bakery as an Approved Affiliate. We may refuse any such request if you and/or your owners do not (a) own and control at least eighty percent (80%) of the new entity's ownership interests and (b) have the authority to exercise voting and management control of the Bakery proposed to be owned by the new entity.
- (b) Form of Franchise Agreement. You (and/or your Approved Affiliates) will operate each Nothing Bundt Cakes® Bakery under a separate franchise agreement with us. The franchise agreement (and related documents, including Guaranty and Assumption of Obligations) that you and your owners (or your Approved Affiliate and its owners) must sign for each Bakery developed pursuant to this Rider will be our then-current form of franchise agreement (and related documents, including Guaranty and Assumption of Obligations), any or all terms of which may differ substantially and materially from any or all terms contained in the First Franchise Agreement, provided, however, that the initial franchise fee will be Forty-Five Thousand Dollars ($45,000) for the second and each subsequent Nothing Bundt Cakes® Bakery to be developed pursuant to this Rider. Despite any contrary provision contained in the newly signed franchise agreements, your (and your Approved Affiliates') additional Nothing Bundt Cakes® Bakeries within the Development Area must be open and operating by the dates specified in the Schedule. To retain your rights under this Rider, each Nothing Bundt Cakes® Bakery opened pursuant to this Rider must operate continuously throughout this Rider's term in full compliance with its franchise agreement.
- (c) Changes in Investment Requirements.
Source: Item 23 — RECEIPTS (FDD pages 93–309)
What This Means (2025 FDD)
According to Nothing Bundt Cakes' 2025 Franchise Disclosure Document, franchisees operate each bakery under a separate franchise agreement directly with Nothing Bundt Cakes. For franchisees developing multiple locations under a development rider, the franchise agreement signed for each subsequent bakery will be the then-current form, which may differ from the initial franchise agreement. However, the initial franchise fee for the second and subsequent bakeries will be $45,000.
To maintain development rights, franchisees must sign franchise agreements and leases by the deadlines outlined in the development schedule. These franchise agreements must then be followed by the construction, development, and operation of the Nothing Bundt Cakes bakeries within the designated development area. Each bakery must operate continuously in full compliance with its franchise agreement to retain rights under the rider.
Prospective franchisees should note that they must submit a separate application for each Nothing Bundt Cakes bakery they intend to develop. They are also responsible for locating, evaluating, and selecting the site for each bakery, as Nothing Bundt Cakes does not provide site selection services. The right to use Nothing Bundt Cakes' trademarks and commercial symbols is granted only under a franchise agreement signed directly with them.