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SUBJECT DOSSIER · FDD 2021

Black Bear Diner Franchise

Cost, fees, owner earnings, closure rate and litigation for a Black Bear Diner franchise — pulled from the franchisor's own public FDD (2021), not its sales material.

Quick Service Restaurants · disclosure-honesty grade · from public state filings

Disclosure honesty

B
Transparency 4 / 5

Black Bear Diner discloses earnings (Item 19) — but the grade is how honestly. We graded it B.

Outlets169
Disclosed lawsuits0
Closure signals2 ceased
Investment
$1,495,700–$2,238,600
Total fees
6.5% of sales
Outlets
169
Closure signals
2 ceased, 0 terminated
Lawsuits
0
◢ FINDINGS
ITEM 20
2 outlets ceased operations
2 ceased ops, 0 terminations in 2025; low failure indicators but small sample.

What their own earnings claim actually says

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).

What a Black Bear Diner franchise actually costs to run

FeeDisclosedWhere it comes from
Initial franchise fee$55,000Item 5 — paid up front, before you open
Royalty4.5% of gross salesItem 6 — charged on revenue, not profit
Advertising fund2% of gross salesItem 6 — brand marketing, spent at the franchisor's discretion
Total recurring fees6.5% of gross salesBefore rent, labor, food or debt service
Total initial investment$1,495,700 – $2,238,600Item 7 — franchisor's own low/high estimate

Royalty 4.5% Gross Sales weekly; Marketing Fund 1% (up to 3% possible); Local Advertising 1%; Grand Opening $5,500+

Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.

Black Bear Diner system size and owner turnover

Total outlets169
Ceased operations2
Terminated by franchisor0
Transferred to new owners3
Closure rate1.2% of outlets

2 ceased ops, 0 terminations in 2025; low failure indicators but small sample.

From Item 20 of the FDD 2021. Terminations and ceased operations are the franchisor's own count of owners who stopped — the number the sales pitch leaves out.

Is Black Bear Diner worth it? — how it compares to 164 similar franchises

Ongoing fees6.5% of saleslower than most (median 8%)
Startup costfrom $1,495,700pricier than 90% of peers
Disclosure honestyGrade Bmore honest than 85% of quick service restaurants franchises
Closure rate1.2% of outletsabout average
Disclosed lawsuits0fewer than most

Benchmarked against every quick service restaurants franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

◤ CLASSIFIED · ITEM 19 RECONSTRUCTED

Owner take-home for a Black Bear Diner

The franchisor's framing: Gross sales data for 70 company-affiliated and 88 franchised restaurants open full fiscal … We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

See a full sample report → · 30-day guarantee

Black Bear Diner franchise — frequently asked

How much does a Black Bear Diner franchise cost?
The FDD lists a total initial investment of about $1,495,700–$2,238,600, including a $55,000 initial franchise fee.
How much do Black Bear Diner franchise owners make?
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). We grade this disclosure B for honesty.
What are the Black Bear Diner franchise fees?
Black Bear Diner's FDD discloses a $55,000 initial franchise fee, a 4.5% royalty on gross sales, a 2% advertising-fund contribution, for roughly 6.5% of gross sales in recurring fees before rent, labor, or debt service. Royalty 4.5% Gross Sales weekly; Marketing Fund 1% (up to 3% possible); Local Advertising 1%; Grand Opening $5,500+
What is the Black Bear Diner franchise profit margin?
Black Bear Diner does not publish a franchisee net-profit margin — almost no franchisor does. What Item 19 actually shows: 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). Recurring fees alone take about 6.5% of gross sales, before rent, labor, food or debt service. Margin has to be reconstructed from the disclosure, not read off it.
What is the Black Bear Diner franchise failure rate?
2 ceased ops, 0 terminations in 2025; low failure indicators but small sample.
How many Black Bear Diner locations are there?
Black Bear Diner's FDD reports 169 total outlets, with 2 that ceased operations in the most recent reporting year and 3 transferred to new owners. Item 20 is where system health shows up before the marketing does.
Does Black Bear Diner have complaints or lawsuits?
Black Bear Diner discloses no material litigation in Item 3 of the filing we reviewed. That's a positive signal, though it covers only what the franchisor is required to report.
Is a Black Bear Diner franchise worth it?
It depends on the numbers, not the pitch. Black Bear Diner scores B on disclosure honesty, carries about 6.5% of sales in ongoing fees. Get the real owner take-home before you sign.

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Source: WI DFI Franchise Registration (2021). FranchiseValidate is independent and not affiliated with Black Bear Diner or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.