Who is NBC Franchisor LLC in relation to the Nothing Bundt Cakes franchise?
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).
The Company had 643 franchised bakeries as of December 29, 2024 and 542 franchised bakeries as of December 31, 2023.
Source: Item 23 — RECEIPTS (FDD pages 93–309)
What This Means (2025 FDD)
According to Nothing Bundt Cakes' 2025 Franchise Disclosure Document, NBC Franchisor LLC, located in Dallas, Texas, is the franchisor of the Nothing Bundt Cakes brand. It was organized on June 14, 2021, as a special purpose Delaware limited liability company. As the franchisor, NBC Franchisor LLC owns all franchise assets, including franchise agreements and intellectual property related to the Nothing Bundt Cakes business. The company grants franchisees the rights to operate Nothing Bundt Cakes bakeries, which specialize in selling decorated bundt cakes and related gift items.
NBC Franchisor LLC grants each franchisee a transferable right and license to use the Nothing Bundt Cakes 'System,' which includes proprietary marks, trademarks, service marks, commercial symbols, and specific bakery design décor. The franchisor retains the right to modify the System from time to time. Nothing Bundt Franchising, LLC, identified as the 'Manager,' is an affiliated company that provides certain services to NBC Franchisor LLC under a management agreement.
As of December 29, 2024, Nothing Bundt Cakes had 643 franchised bakeries, and as of December 31, 2023, there were 542 franchised bakeries. This indicates a growth in the number of franchised locations year over year. Prospective franchisees should understand that NBC Franchisor LLC is the ultimate authority in granting and overseeing Nothing Bundt Cakes franchises and that their relationship will be governed by the franchise agreement held by NBC Franchisor LLC.