Nothing Bundt Cakes vs Subway: Which Is the Better Investment?

Side-by-side comparison of investment costs, fees, unit economics, and franchisee satisfaction. Data from FDD disclosures and franchise database — updated 2026.

Food & Restaurant Real Data Not Investment Advice
NB

Nothing Bundt Cakes

Food & Restaurant
$406K – $615K
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VS
S

Subway

Food & Restaurant
$229K – $524K
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At a Glance: Key Differences

Data-driven observations based on disclosed figures. Not investment advice — verify current numbers in each franchise's FDD.

Investment Cost
Subway wins on investment range ($91K less) vs Nothing Bundt Cakes.
Fee Burden
Nothing Bundt Cakes wins on royalty rate (3.0% lower) vs Subway.
Unit Count
Subway wins on total units (36,090 more) vs Nothing Bundt Cakes.
Satisfaction
Nothing Bundt Cakes wins on franchisee satisfaction vs Subway.

Investment & Fees

Metric Nothing Bundt Cakes Subway
Min Investment $406K $229K
Max Investment $615K $524K
Franchise Fee $35K $15K
Royalty Rate 5.0% 8.0%
Ad Fund Rate 2.0% 4.5%

Unit Economics

Metric Nothing Bundt Cakes Subway
Avg Unit Revenue $1.3M $420K
Avg Profit Margin N/A N/A

Scale & Growth

Metric Nothing Bundt Cakes Subway
Total Units 600 36,690
Annual Growth 14.0% -3.5%
Failure Rate 1.0% 8.0%

Franchisee Performance

Metric Nothing Bundt Cakes Subway
Franchisee Satisfaction 85/100 55/100

Track Record

Metric Nothing Bundt Cakes Subway
Years in Business 27 59
Years Franchising 17 48

Financial Requirements

Metric Nothing Bundt Cakes Subway
Min Net Worth Required $600K $100K
Liquid Capital Required $150K $50K

Operations

Metric Nothing Bundt Cakes Subway
Avg Employees 20 12
Training Weeks 3 2

Frequently Asked Questions

Is Nothing Bundt Cakes or Subway a better franchise investment?

The answer depends on your goals, budget, and market. Nothing Bundt Cakes has 600 total units and a 85/100 franchisee satisfaction score. Subway has 36,690 total units and a 55/100 franchisee satisfaction score. Use our ROI Calculator to model both scenarios.

How much does it cost to open a Nothing Bundt Cakes franchise?

Based on data in our database, opening a Nothing Bundt Cakes franchise requires an initial investment of $406K – $615K. The franchise fee is $35K, with ongoing royalties of 5.0%. Always request the current FDD for exact figures.

How much does it cost to open a Subway franchise?

Based on data in our database, opening a Subway franchise requires an initial investment of $229K – $524K. The franchise fee is $15K, with ongoing royalties of 8.0%. Always request the current FDD for exact figures.

What is the royalty rate for Nothing Bundt Cakes vs Subway?

Nothing Bundt Cakes's royalty rate is 5.0%. Subway's royalty rate is 8.0%. That means Nothing Bundt Cakes has the lower ongoing royalty burden.

Which has more locations — Nothing Bundt Cakes or Subway?

Nothing Bundt Cakes has 600 total units. Subway has 36,690 total units. A larger system can mean more brand recognition, but also more territorial competition.

Is Nothing Bundt Cakes or Subway semi-absentee friendly?

Nothing Bundt Cakes is typically run as a owner-operator model. Subway is typically run as a owner-operator model. If passive income is your goal, semi-absentee models let you hire a manager to run day-to-day operations.

Data sourced from franchise disclosure documents and public records. Investment ranges, royalty rates, and unit counts change — always request current FDD before making investment decisions. Last updated March 2026.

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