How many Nothing Bundt Cakes outlets opened in Canada during 2023?
Nothing_Bundt_Cakes Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Termina tions | Non Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Wisconsin | 2022 | 5 | 1 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 1 | 0 | 0 | 0 | 0 | 7 | |
| 2024 | 7 | 1 | 0 | 0 | 0 | 0 | 8 | |
| Total (U.S.) | 2022 | 406 | 51 | 0 | 0 | 0 | 0 | 457 |
| 2023 | 457 | 80 | 0 | 0 | 0 | 0 | 537 | |
| 2024 | 537 | 101 | 0 | 0 | 0 | 0 | 638 | |
| Canada | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 3 | 0 | 0 | 0 | 0 | 5 | |
| 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 80–93)
What This Means (2025 FDD)
According to Nothing Bundt Cakes' 2025 Franchise Disclosure Document, there were 3 outlets opened in Canada during 2023. The number of outlets in Canada at the start of 2023 was 2, and by the end of the year, it increased to 5.
This indicates a moderate expansion of Nothing Bundt Cakes in the Canadian market during that year. For a prospective franchisee, this suggests that there is some growth potential in Canada, although the market is still relatively small compared to the U.S. market.
It's important to note that while 3 new locations opened, no locations closed, terminated, or were non-renewed during that period, suggesting stable performance of existing franchises. A potential franchisee should further investigate the performance of the Canadian locations to understand the market dynamics and growth opportunities better.