FS Investors Acquires Nine San Diego-Based Nothing Bundt Cakes Outlets
This sale is part of a development agreement that involves building 16 new bakeries in the area.
Nothing Bundt Cakes, a franchisor of specialty bakeries, has sold its nine company-owned locations in San Diego to FS Investors. This sale is part of a development agreement that involves building 16 new bakeries in the area. The deal is a significant step in the company's long-term growth strategy, positioning it to fast-track expansion in a key region.
The company, recently named America's No. 1 Overall Restaurant Chain in Technomic's America's Favorite Chains survey, has seen steady growth supported by its fan base. The brand's continued success is driven by a range of new flavors, strong unit-level economics, and ample room for expansion. It currently operates nearly 700 locations across the U.S. and Canada.
This transaction will allow FS Investors to take the lead in expanding Nothing Bundt Cakes' presence in the region. In the coming years, the company plans to more than double the number of bakeries. FS Investors brings in-depth knowledge of the San Diego market, alignment with Nothing Bundt Cakes' culture, and a commitment to growth.
The specialty bakery chain has gained broad consumer appeal and has demonstrated strong unit-level performance. Substantial room for expansion positions Nothing Bundt Cakes to continue its momentum as a category leader in the coming years.
