2026 FDD Item 19, p. 71 Checked Nov 2, 2026
Nothing Bundt Cakes Franchise Revenue and EBITDA (2026 FDD)
In Item 19 of its 2026 Franchise Disclosure Document, Nothing Bundt Cakes reports average Net Revenues, franchised Bakeries open at least 24 months (Part I) of $1,477,163 (fiscal year 2025 (December 30, 2024 to December 28, 2025), 545 franchised Bakeries open at least 2 full fiscal years, averaging 7.4 years old; 222 (41%) met or exceeded the average). The figures below are selected disclosures, not a substitute for reading the full Item 19.
Startup cost: a Nothing Bundt Cakes franchise costs an estimated $475,200 – $994,100 to open (Item 7). See the full Nothing Bundt Cakes franchise cost breakdown.
Does Nothing Bundt Cakes’s Item 19 show profit or owner pay?
Partly. Besides sales, Nothing Bundt Cakes’s Item 19 reports “Average 4-Wall EBITDA, franchised Bakeries with complete financial statements (Part III)” and “Median 4-Wall EBITDA, franchised Bakeries with complete financial statements (Part III)”. Each figure follows the franchisor’s own definition in Item 19, which decides which costs are deducted and whether an owner’s salary is one of them. None of them is necessarily an owner’s take-home pay.
What Nothing Bundt Cakes discloses (Item 19)
Source: Nothing Bundt Cakes 2026 FDD, Item 19, PDF p. 71.
| Figure | Value | Period | Based on |
|---|---|---|---|
| Average Net Revenues, franchised Bakeries open at least 24 months (Part I) | $1,477,163 | fiscal year 2025 (December 30, 2024 to December 28, 2025) | 545 franchised Bakeries open at least 2 full fiscal years, averaging 7.4 years old; 222 (41%) met or exceeded the average (Item 19, PDF p. 72) |
| Median Net Revenues, franchised Bakeries open at least 24 months (Part I) | $1,336,380 | fiscal year 2025 | 545 franchised Bakeries open at least 2 full fiscal years (Item 19, PDF p. 72) |
| Average 4-Wall EBITDA, franchised Bakeries with complete financial statements (Part III) | $314,561 | fiscal year 2025 | 358 franchised Bakeries open at least 24 months that submitted complete unaudited statements; excludes owner payroll (partly estimated) and assumes royalty and marketing at 11% of Net Revenues; 142 (40%) met or exceeded the average (Item 19, PDF p. 75) |
| Median 4-Wall EBITDA, franchised Bakeries with complete financial statements (Part III) | $299,190 | fiscal year 2025 | 358 franchised Bakeries with complete unaudited statements (Item 19, PDF p. 75) |
Item 19 sample and definitions
Item 19 (PDF pages 71-80) reports Net Revenues and KPIs for 545 Bakeries open at least 24 months (thirds averaged $2,109,292, $1,358,821 and $962,724; range $334,360 to $3,804,891), separate results for 101 Bakeries opened in 2024 (average $1,023,390), revenue per square foot, and a cost analysis for 358 Bakeries. 4-Wall EBITDA is a franchisor-defined measure before owner pay, debt service, depreciation and taxes; labor was adjusted to remove owner payroll, partly by estimate. The cost section says 409 Bakeries were excluded, but its listed reasons total 407, and it counts 765 franchised Bakeries at fiscal year-end 2025 where Item 20 counts 771.
How to interpret Nothing Bundt Cakes’s Item 19 figures and sample limits · What Item 19 does and does not show about owner pay.
Fee illustration using reported sales
Calculated fee illustration using Item 6 and Item 19, not an FDD profit disclosure or owner-income estimate.
Source: Nothing Bundt Cakes 2026 FDD, Item 6 (fee inputs), PDF p. 24.
The selected annual sales metric supports the illustration below. Other Item 19 rows can cover different periods or samples and are not interchangeable inputs. Sales remaining after these fees still have to cover operating costs.
| Sales figure | Sales | Fees to franchisor & marketing | Left for all other costs |
|---|---|---|---|
| Average Net Revenues, franchised Bakeries open at least 24 months (Part I)fiscal year 2025 (December 30, 2024 to December 28, 2025) · 545 franchised Bakeries open at least 2 full fiscal years, averaging 7.4 years old; 222 (41%) met or exceeded the average | $1,477,163 | $169,916 – $170,156 | $1,307,007 – $1,307,247 |
The range uses the recorded recurring fee ranges. Rent, payroll, cost of goods, loan payments and taxes still come out of the last column. The sales sample’s results do not predict a new outlet’s results.
Scope of these figures: The selected Nothing Bundt Cakes disclosures above retain their recorded periods and samples. The lead figure covers 545 franchised Bakeries open at least 2 full fiscal years, averaging 7.4 years old; 222 (41%) met or exceeded the average. They do not establish take-home owner income or the results of a new outlet. Read the linked Item 19 for the franchisor's definitions and exclusions.
Full Nothing Bundt Cakes franchise cost breakdown · Payback calculator
Sources
NBC Franchisor LLC Franchise Disclosure Document, issued April 30, 2026, as filed with the Minnesota Commerce (CARDS). Read the source FDD PDF. How to get this FDD yourself.
- Item 5: cited PDF p. 23
- Item 6: cited PDF p. 24
- Item 7: cited PDF p. 31
- Item 19: cited PDF p. 71
- Item 20: cited PDF p. 92
- Agreement term (Item 17): cited PDF p. 64
Page references for Nothing Bundt Cakes use the PDF viewer's digital page count, not printed page headers. Some viewers download the document instead of opening the referenced page.
If the state document viewer does not open, use Minnesota Commerce's public filing instructions to look up the filing by franchisor name and document date.
Document & verification changelog
- November 2, 2026: Source check completed against the recorded FDD.
- November 2, 2026: Initial cost profile published from the 2026 Franchise Disclosure Document (issued April 30, 2026).
- November 2, 2026: Independently checked against the April 30, 2026 Minnesota Clean FDD: cover, Items 1, 5, 6, 7, 11, 17, 19 and 20. Item 6 now lists all 33 rows (the draft had 8). Item 19 now adds the franchisor-defined 4-Wall EBITDA figures with their owner-payroll adjustment and notes count discrepancies. Added the opening time, renewal terms and Item 7 and Item 20 notes, and removed an unsupported founding year. Rewrote the analysis.