The Cake Slice franchise
2023 filing · February 10, 2023Shares sales figures
The Cake Slice at a glance
A specialty cake shop selling homemade butter cake slices, cupcakes and whole cakes. At the end of 2022 there were 2 The Cake Slice locations in the US, all company-owned.
The business
- Franchisor
- The Cake Slice Franchising, LLC
- The company that sells the franchises
- Franchisor based in
- Reno, Nevada
What you pay
- Cost to open
- $137K–$390K
- A production shop
- Franchise fee
- $35,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross sales, paid weekly, plus 2% to the brand development fund
- Brand fund
- 2%
- 2% of gross sales, paid weekly
- Renewal fee
- $10,000
- When the agreement ends and you sign again
- Agreement length
- 10 years
- Franchisor financing
- None offered
Where it is
- US locations, 2022
- 2
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 2
- Change in 3 years
- 0
- Franchised locations, 2020–2022
- States
- 1
- Most in Nevada
From The Cake Slice Franchising, LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
The Cake Slice among all franchises with the same figure.
| Figure | The Cake Slice | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $263,250 | Costs less than 61% of franchises |
| Franchise feePaid once, when you sign | $35,000 | Lower than 61% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 2 | Fewer than 82% of franchises |
How much a The Cake Slice franchise costs
Opening a production shop costs an estimated $136,600 to $389,900. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are construction and leasehold improvements ($10,000 to $200,000) and furniture, fixtures, and equipment ($40,000 to $60,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Is Made Initial Franchise Fee | $35,000 | ||
| Construction and Leasehold Improvements | $10,000 | $200,000 | |
| Lease Deposits and Rent – Three Months | $2,200 | $4,000 | |
| Furniture, Fixtures, and Equipment | $40,000 | $60,000 | |
| Signage | $3,000 | $6,500 | |
| Computer, Software, and Point of Sale System | $3,400 | $4,400 | |
| Grand Opening Marketing | $1,000 | $2,500 | |
| Initial Inventory | $1,500 | $3,000 | |
| Utility Deposits | $0 | $500 | |
| Insurance Deposits – Three Months | $0 | $500 | |
| Travel for Initial Training | $2,000 | $5,500 | |
| Professional Fees | $7,000 | $15,000 | |
| Licenses and Permits | $1,500 | $3,000 | |
| Additional Funds – Three Months | $30,000 | $50,000 | |
| Total | $136,600 | $389,900 | |
Source: The Cake Slice Franchising, LLC, 2023 filing, page 16
The Cake Slice franchise fee
The franchise fee is $35,000. You pay it when you sign the franchise agreement.
Source: The Cake Slice Franchising, LLC, 2023 filing, page 11
Royalty and ongoing fees
| Royalty | 6% of gross sales, paid weekly, plus 2% to the brand development fund. |
|---|---|
| Brand or marketing fund | 2% of gross sales, paid weekly. |
| Technology | Up to $500 per month, currently not assessed |
| Renewal | $10,000 |
| Additional Employee Initial Training | Our then current training fee, currently $300 per person per day |
| Franchisee Directed Local Marketing | 2% of Gross Sales |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: The Cake Slice Franchising, LLC, 2023 filing, page 12
Other fees as filed, from pages 12–14. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures The Cake Slice publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: The Cake Slice Franchising, LLC, 2023 filing, page 52
- Estimate Estimated yearly sales per location
- $380K–$670K
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How The Cake Slice compares
Of the 112 bakery franchises on this site, The Cake Slice is the 13th cheapest to open and the 98th largest by number of locations.
| Figure | The Cake Slice | Typical bakery brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $137K | $341K | $222K |
| Cost to open, high end | $390K | $720K | $477K |
| Franchise fee | $35K | $40K | $40K |
| Royalty | 6% | 6% | 6% |
| Brand fund | 2% | 2% | 2% |
| US locations | 2 | 16 | 21 |
| Shares earnings figures | Yes | 74 of 112 | 2,147 of 3,352 |
Typical is the median across the 112 brands in bakery franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 0 (0) | 2 | 0 | 0 |
| 2021 | 0 (0) | 2 | 0 | 0 |
| 2022 | 0 (0) | 2 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: The Cake Slice Franchising, LLC, 2023 filing, page 55
Where The Cake Slice locations are
At the end of 2022, The Cake Slice had locations in 1 state. The most are in Nevada.
- Nevada2
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Nevada | 0 | 2 | 2 |
Source: The Cake Slice Franchising, LLC, 2023 filing, page 55
Who owns The Cake Slice?
The Cake Slice franchises are sold by The Cake Slice Franchising, LLC.
From The Cake Slice Franchising, LLC’s 2023 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | No bankruptcy of the franchisor. Its chief executive filed for personal Chapter 7 bankruptcy in 2013 and received a discharge that year. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: The Cake Slice Franchising, LLC, 2023 filing, litigation on page 11, bankruptcy on page 11
The Cake Slice filings
The figures on this page come from The Cake Slice Franchising, LLC’s 2023 filing, issued February 10, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | February 10, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other bakery franchises
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The Cake Slice is also on these lists: food franchises.