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Black Bear Diner vs Bojangles, Bojangles', Bojangles' Famous Chicken 'n Biscuits, Bojangles Express — which franchise is the better buy?

Side by side from the public FDDs — no franchisor spin.

	Black Bear Diner	Bojangles, Bojangles', Bojangles' Famous Chicken 'n Biscuits, Bojangles Express
Disclosure honesty	B	B
Investment from	$1,495,700	$780,780
Total fees	6.5%	5%
Outlets	169	867
Lawsuits	0	4

Black Bear Diner: what their numbers say

Gross sales data for 70 company-affiliated and 88 franchised restaurants open full fiscal 2025. Median sales $2.66-2.70M. Cost of goods ~28%, labor ~35%, 4-wall EBITDA ~12% (before royalties/ads).

Bojangles, Bojangles', Bojangles' Famous Chicken 'n Biscuits, Bojangles Express: what their numbers say

Discloses FY2025 gross sales ranges by state for full-size bone-in, boneless, and express restaurants. Includes average/median sales, expense percentages, day-part mix. Excludes non-opening, remodeled, closed units.

Get the real owner take-home for either — $149

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