How many Nothing Bundt Cakes outlets opened in Tennessee during 2023?
Nothing_Bundt_Cakes Franchise · 2025 FDDAnswer from 2025 FDD Document
----|------|---------------------| | Virginia | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | Washington | 2022 | 0 | | | 2023 | 1 | | | 2024 | 1 | | Wisconsin | 2022 | 0 | | | 2023 | 0 | | | 2024 | 2 | | Totals | 2022 | 14 | | | 2023 | 24 | | | 2024 | 46 |
Table 3 Status of Franchised Outlets For years 2022-2024
| 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 |
|---|---|---|---|---|---|---|---|---|
| Alabama | 2022 | 5 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 80–93)
What This Means (2025 FDD)
According to Nothing Bundt Cakes's 2025 Franchise Disclosure Document, there were 4 outlets opened in Tennessee during 2023. The table provided in Item 20 of the FDD outlines the changes in outlet numbers across different states over the past three years. At the start of 2023, Tennessee had 10 outlets, and by the end of the year, this number increased to 14, with 4 new outlets opening during that year.
This information is valuable for potential franchisees as it provides insight into the growth and expansion of Nothing Bundt Cakes in specific regions. Observing the number of new openings can indicate the brand's popularity and market penetration in a particular state. It also helps in understanding the potential for further growth and the level of competition that might be expected.
For a prospective franchisee, this data point is crucial in assessing the opportunities and challenges in the Tennessee market. While 4 new openings suggest a growing market, it is also important to consider factors such as location, local demographics, and existing brand presence to make an informed decision. This information, combined with other market research, can help a franchisee evaluate the potential success of a Nothing Bundt Cakes franchise in Tennessee.