News & Trending Shopping & Deals News

Bakery Chain Nothing Bundt Cakes Is Opening 120 More Locations This Year

The bakery franchise is on an expansion kick.

By Laura Ratliff

Edited by Lauren Gordon

Updated Dec. 26, 2024

Cake lovers rejoice! Nothing Bundt Cakes, a growing chain that sells bundt cakes, is expanding rapidly, bringing more opportunities for sweet indulgence.

After all, if you're going to spend money on eating out, it might as well be a total treat yourself moment!

Founded by two friends in Las Vegas in 1997, Nothing Bundt Cakes quickly grew to more than 500 locations and shows no sign of slowing down. Here's a closer look at the company’s impressive growth and exciting plans for the future.

Earn $200 cash rewards bonus with this incredible card

There's a credit card that's making waves with its amazing bonus and benefits. The Wells Fargo Active Cash^® Card (Rates and fees) has no annual fee and you can earn $200 after spending $500 in purchases in the first 3 months.

The Active Cash Card puts cash back into your wallet. Cardholders can earn unlimited 2% cash rewards on purchases — easy! That's one of the best cash rewards options available.

This card also offers an intro APR of 0% for 12 months from account opening on purchases and qualifying balance transfers (then 19.24%, 24.24%, or 29.24% Variable). Which is great for someone who wants a break from high interest rates, while still earning rewards.

The best part? There's no annual fee.

Click here to apply now.

Now with 600 locations

This week, Nothing Bundt Cakes celebrated the grand opening of its 600th bakery in Tampa, Florida. Since the start of the year, the Texas-based chain has opened 41 new locations and plans to continue this momentum.

CEO Dolf Berle shared that the company expects to open over 120 new bakeries in 2024 and aims for an annual growth rate of more than 150 stores.

Make Money: 8 things to do if you're barely scraping by financially

Bundt cakes for every occasion

Nothing Bundt Cakes sells its bundt cakes in dozens of flavors, including classic vanilla, red velvet, and chocolate chocolate chip. Their cakes are available in multiple sizes, such as eight- and 10-inch bundt cakes, personal-sized "Bundtlets," and cupcake-sized "Bundtinis." All cakes are made on-site daily and use real butter and cream cheese frosting.

More than 1,000 locations by 2027

Nothing Bundt Cakes opened 84 new bakeries in 2023 and shows no sign of stopping its expansion. Looking ahead, the chain plans to reach 1,000 locations in the next three years, with most of its growth in the Northeast and Northwest regions. According to Berle, the company has received strong franchisee interest in all areas.

Stop overpaying when you shop online

Shopping online has its perks. It's super convenient, but it can be time consuming to find the best deals. Instead of hunting for coupon codes (that don't always work!) and opening tons of browser tabs comparing prices, you can try Capital One Shopping.

Capital One Shopping makes saving money effortless. Just add the browser extension and when you check out, it'll scour the internet for coupon codes to help you save cash. And before you check out at 25+ major retailers, Capital One Shopping will notify you with a friendly pop-up if the item you're buying is available cheaper somewhere else.

Capital One Shopping is free to use and won't show you ads. Add it today and stop overpaying!¹ <p>Capital One Shopping compensates us when you get the browser extension using the links we provided.</p>

Get Capital One Shopping now

Franchise growth and new products

More than 95% of Nothing Bundt Cakes bakeries are owned by franchisees, and the company’s focus on innovations means there are always new flavors and products to try. Recently, Nothing Bundt Cakes introduced its Taste of Summer Collection, available from June to September, which includes a special Key lime flavor.

Bottom line

Nothing Bundt Cakes is poised for exponential growth, with plans to open hundreds of new bakeries and innovate its flavors and products.

"With the great desire guests have to show care and kindness to their loved ones and colleagues, coupled with the rising trend of Gen Z enjoying 'little sweet treats' and the snackification of the American diet, Nothing Bundt Cakes is growing faster than ever," Berle said in a company press release.

Love their cakes? Here’s how to stretch your restaurant budget so you can enjoy them even more often.

More from FinanceBuzz: