What is the legal name of the franchisor for Nothing Bundt Cakes?
Nothing_Bundt_Cakes Franchise · 2025 FDDAnswer from 2025 FDD Document
NBC Franchisor LLC (the "Company"), a special purpose Delaware limited liability company, was organized on June 14, 2021. The Company is a direct, wholly owned subsidiary of NBC Funding LLC (the "Debt Issuer"), which is a special purpose Delaware limited liability company that is a direct, wholly owned subsidiary of NBC SPV Guarantor LLC and an indirect, wholly owned subsidiary of NBC Holdings, LLC ("Parent").
The Company was formed in connection with a financing transaction (the "Securitization Transaction"), which was completed on July 30, 2021 (see Note 4), and serves as the "franchisor" of the Nothing Bundt Cakes brand and owns all Franchise Assets, which includes all franchise agreements and intellectual property related to the business. The Company grants the rights to own and operate Nothing Bundt Cakes bakeries, which specialize in selling decorated bundt cakes and other related gift items. The Company grants each franchisee a transferable right and license to use the "System," the proprietary marks, and to market, sell, and provide the approved products in accordance with the System. The System consists of certain trademarks, service marks, and commercial symbols, including the mark "Nothing Bundt Cakes," certain bakery design décor and images, all of which the Company may modify from time to time. Nothing Bundt Franchising, LLC (the "Manager"), is an affiliated company that performs certain services for the Company under a management agreement (refer to Note 7).
Source: Item 23 — RECEIPTS (FDD pages 93–309)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, the legal name of the franchisor is NBC Franchisor LLC. The document specifies that NBC Franchisor LLC is a special purpose Delaware limited liability company that was organized on June 14, 2021.
NBC Franchisor LLC is a direct, wholly-owned subsidiary of NBC Funding LLC, which in turn is a subsidiary of NBC SPV Guarantor LLC and NBC Holdings, LLC. This complex corporate structure is typical for franchise systems, where a parent company may create a separate legal entity to manage the franchising operations and limit liability.
As the franchisor, NBC Franchisor LLC owns all franchise agreements and intellectual property related to the Nothing Bundt Cakes business. It grants franchisees the rights to operate Nothing Bundt Cakes bakeries, use the 'System,' proprietary marks, and market and sell approved products. The 'System' includes trademarks like 'Nothing Bundt Cakes,' bakery design, décor, and images, all of which the company can modify.