Franchising Status
Email Address
Phone Number
Unit Location
Email Address
Phone Number
7/10

Franchimp Summary Rating

10 /10
Lower than 0% of peers
5 /10
Higher than 52% of peers

Franchise Summary

Description
BBDI LLCgrants franchises for the operation offamily-style restaurantswhich offer signature entrees featuringhuge portions under the name Black Bear Diner
Company Background
Black Bear Diner is a family-style restaurant that offers signature entrees featuring huge portions at affordable prices. The Black Bear Diner has been operating since 1991 and currently owns over 100 restaurants in the United States, Canada, Costa Rica, Venezuela, Dominican Republic, Saudi Arabia and India. The company's headquarters are located in Indianapolis Indiana where they also have their main distribution center for frozen food items.
Franchise Opportunity
As a parent, you want your children to have the best possible education. You also know that this is a very expensive undertaking, costing as much as $200k per year for some private schools. The cost of private school can be prohibitively high, but even public schooling costs are rising quickly and becoming less affordable every year. Black Bear Diner offers an innovative solution by providing quality food at affordable prices in a family friendly atmosphere. We offer competitive pricing on our signature entrees which include steak dinners starting at under $10 and large portions so everyone gets enough to eat. Our restaurants are located near many schools and communities provide free WiFi for families with kids who need homework help or just need to finish projects during their lunch break from school or work.
Corporate Structure
BBD INC was a California corporation formed on December 21, 2001 and maintained its principal business address at 1880 Shasta Street, Redding, California 96001. From May 2002 until February 2016, BBD INC offered franchises for Black Bear Diner restaurants. In February 2016, BBD INC was converted, under California law, to BBDI LLC, a California limited liability company, as part of an overall transaction designed to consolidate affiliated entities, reorganize affiliate-owned restaurants, admit new equity owners and enter into a new credit facility. On February 12, 2016, a Membership Interest Purchase Agreement was entered into in furtherance of this transaction. Upon completion of the transaction, BBD Opco LLC became the sole member of BBDI LLC. BBD OPCO’s sole member is BBIntermediate Holdco LLC , whose sole member is BBD Holdco LLC. BBD OPCO, BBD INTERMEDIATE and BBD HOLDCO were each formed in Delaware as a limited liability company on January 11, 2016 and each maintains its principal business address at 1880 Shasta Street, Redding, California 96001.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Restaurants (Sit-Down) Industry

$2,383,506 / unit

Franchise Type: Standard

Average Revenue During 2021

$2,383,506
$318,678
Industry Low
$3,473,249
Industry High

Franchisee Attrition

10 /10
This franchise's rate of attrition in 2023 of 0.00% was Lower than the 2% in the Restaurants (Sit-Down) industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year. It is a strong indicator of the strength of the underlying operating model

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Franchise Disclosure Documents

FDD Effective Date

Distribution of Black Bear Diner Franchisees

Black Bear Diner Franchise System Development in 2021

Historical Franchisee Revenue

FAQ

How much investment do I need to start my own Black Bear Diner business?
Franchisees typically require at least $10,000 to $2,194,200 investment to get their Black Bear Diner business started
What are the initial franchise fees for Black Bear Diner?
Franchisees typically need to pay at least $10,000 in fees directly to Black Bear Diner in order to earn the right to launch their business
How much money can I make with a Black Bear Diner franchise? What are the average revenues for a typical Black Bear Diner business?
We estimate that the average revenue of an individual Black Bear Diner unit is approximately $2,383,506. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Black Bear Diner unit? What is my contractual commitment?
Black Bear Diner franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

5 /10
The Franchisor's investment costs ranges from $10,000 to $300,000 which is Much Lower than the $931,012 to $1,843,346 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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