Are there any disclaimers related to the Nothing Bundt Cakes financial statements?
Nothing_Bundt_Cakes Franchise · 2025 FDDAnswer from 2025 FDD Document
We recommend that you make your own independent investigation to determine whether or not the franchise may be profitable to you. We suggest strongly that you consult your financial advisor or personal accountant concerning financial projections and federal, state and local income taxes and any other applicable taxes that you may incur in operating a Nothing Bundt Cakes® Bakery.
Other than the preceding financial performance representations, we do not make any financial performance representations. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet. If you receive any other financial performance information or projections of your future income, you should report it to our management by contacting Ms. Camille Penniman at 5005 Lyndon B. Johnson Pkwy, Suite 600, Dallas, Texas 75244, (972) 239-3034, the Federal Trade Commission, and the appropriate state regulatory agencies.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 93)
What This Means (2025 FDD)
According to the 2025 Nothing Bundt Cakes FDD, prospective franchisees are advised to conduct their own independent investigation to determine the potential profitability of the franchise. Nothing Bundt Cakes recommends consulting with a financial advisor or personal accountant to assess financial projections, as well as federal, state, and local income taxes and any other applicable taxes that may arise from operating a Nothing Bundt Cakes bakery.
Beyond the provided financial performance representations, Nothing Bundt Cakes does not offer any additional financial performance representations, either in writing or verbally, through its employees or representatives. However, if a prospective franchisee is considering purchasing an existing Nothing Bundt Cakes outlet, the franchisor may provide the outlet's actual records.
If a prospective Nothing Bundt Cakes franchisee receives any financial performance information or projections of future income beyond what is stated in Item 19 of the FDD, they are instructed to report this information to the management of Nothing Bundt Cakes, specifically Ms. Camille Penniman, at the provided address and phone number, as well as to the Federal Trade Commission and the appropriate state regulatory agencies. This ensures transparency and compliance with franchise regulations.