Nothing Bundt Cakes Sells Nine San Diego Company-Owned Bakeries to FS Investors to Accelerate Regional Expansion; Continues Rapid Growth
- On May 6, 2025, Nothing Bundt Cakes announced it sold nine of its owned bakery locations in the San Diego area to FS Investors, a Dallas-based firm.
- The sale aligned with the company’s plan to speed up expansion, building on their record number of bakery openings achieved this year, with a focus on rapid growth in key markets.
- FS Investors secured a deal to open 16 new bakeries in the San Diego area, utilizing their strong local expertise and alignment with the Nothing Bundt Cakes brand.
- CEO Dolf Berle stated that transferring ownership of their San Diego bakeries to FS Investors will enable the firm to significantly expand the brand’s presence in that area, adding to the nearly 700 locations nationwide.
- This transaction marks a key milestone for Nothing Bundt Cakes, positioning the brand to accelerate expansion and maintain leadership as a specialty bakery category leader.
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25 Articles

Nothing Bundt Cakes Sells Nine San Diego Company-Owned Bakeries to FS Investors to Accelerate Regional Expansion; Continues Rapid Growth
DALLAS, May 6, 2025 /PRNewswire/ -- Nothing Bundt Cakes, a leading, high-growth franchisor of specialty bakeries, today announced the sale of nine company-owned bakeries in the San Diego market to FS Investors. Along with the sale, FS Investors has signed…
Nothing Bundt Cakes Sells San Diego Company-Owned Bakeries to FS Investors to Accelerate Regional Expansion
Along with the sale, FS Investors has signed a development agreement to build 16 additional bakeries in the San Diego area. The transaction represents a key milestone in the brand's long-term growth strategy and positions the company to further accelerate expansion in one of its most promising regions. ... Continue reading: Nothing Bundt Cakes Sells San Diego Company-Owned Bakeries to FS Investors to Accelerate Regional Expansion.
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