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1 When freezing a cake, be sure that it is completely cooled before wrapping. 2  Wrap the cake tightly in plastic wrap and then wrap it again in foil before placing it in the freezer. 3  If you do not have time to freeze the cake overnight, freezing it for 2 or 3 hours will help when it comes time to decorate it. Place the frosted cake on a solid flat surface that can be used to hold the cake when placed in the freezer, such as a cookie sheet, cake board, or cutting board. 2  Place the unwrapped cake in the freezer. 3  Freeze unwrapped until the frosting and decorations are frozen hard.
Most cakes will freeze and keep fine if prepared properly-obviously they will not have the same fresh baked attributes that a freshly baked cake would bring to the party, but it should still taste nicely.1  Wait for the cake(s) to be completely cooled before preparing them to be frozen.ost cakes will freeze and keep fine if prepared properly-obviously they will not have the same fresh baked attributes that a freshly baked cake would bring to the party, but it should still taste nicely.