What is the significance of the affiliation between Nothing Bundt Cakes and Schlotzsky's?
Nothing_Bundt_Cakes Franchise · 2025 FDDAnswer from 2025 FDD Document
ated Franchise Programs
Through control with private equity funds managed by Roark Capital Management, LLC, we are affiliated with the following franchise programs ("Affiliated Programs"). None of these affiliates operate a Nothing Bundt Cakes franchise.
GoTo Foods Inc. ("GoTo Foods") is the indirect parent company to seven franchisors, including: Auntie Anne's Franchisor SPV LLC ("Auntie Anne's"), Carvel Franchisor SPV LLC ("Carvel"), Cinnabon Franchisor SPV LLC ("Cinnabon"), Jamba Juice Franchisor SPV LLC ("Jamba"), McAlister's Franchisor SPV LLC ("McAlister's"), Moe's Franchisor SPV LLC ("Moe's"), and Schlotzsky's Franchisor SPV LLC ("Schlotzsky's"). All seven GoTo Foods franchisors have a principal place of business at 5620 Glenridge Drive NE, Atlanta, GA 30342 and have not offered franchises in any other line of business.
Auntie Anne's franchises Auntie Anne's® shops that offer soft pretzels, lemonade, frozen drinks, and related foods and beverages. In November 2010, the Auntie Anne's system became affiliated with GoTo Foods through an acquisition. Auntie Anne's predecessor began offering franchises in January 1991. As of December 31, 2024, there were 1,182 franchised and 11 affiliate-owned Auntie Anne's shops in the United States and 815 franchised Auntie Anne's shops outside the United States.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–19)
What This Means (2025 FDD)
According to the 2025 Nothing Bundt Cakes Franchise Disclosure Document, Nothing Bundt Cakes is affiliated with Schlotzsky's through shared control by private equity funds managed by Roark Capital Management, LLC. Specifically, both Nothing Bundt Cakes and Schlotzsky's are considered "Affiliated Programs" due to this common ownership. This means that while Nothing Bundt Cakes and Schlotzsky's are separate franchise systems, they are under the same umbrella of ownership by Roark Capital Management. None of these affiliates operate a Nothing Bundt Cakes franchise.
Schlotzsky's franchises quick-casual restaurants featuring sandwiches, pizza, soups, and salads, with a focus on fresh-from-scratch sandwich buns and pizza crusts baked on-site daily. As of December 31, 2024, there were 280 franchised and 28 affiliate-owned Schlotzsky's restaurants in the United States.
The affiliation with Schlotzsky's and other franchise programs under Roark Capital Management could provide Nothing Bundt Cakes franchisees with certain benefits. These might include access to shared resources, best practices, and potentially more favorable terms with suppliers or vendors due to the larger scale of the affiliated group. However, it's important to note that the FDD explicitly states that none of these affiliates operate a Nothing Bundt Cakes franchise, meaning there is no direct operational overlap.