Black Bear Diner
Food & Beverage · Full-Service Restaurants
- Active units
- 97
- Royalty
- 4.5%
Franchised, year-end 2025
of weekly Net Sales
About Black Bear Diner
Black Bear Diner strives to satisfy your cravings and provide a warm and welcoming dining experience. With a focus on delivering mouthwatering dishes, each Black Bear Diner location aims to please your taste buds from the moment you step through the door. Whether you're in the mood for a hearty breakfast or a satisfying dinner, we've got you covered with our all-day breakfast menu. And don't worry, we promise to keep the bear-related puns to a minimum (well, we'll do our best). Our commitment to friendly service ensures that your visit will be a delightful one. In addition to our delicious food, we also offer the opportunity to support a good cause by purchasing our 100% Nicaraguan coffee. So, come on in and feed your inner bear at Black Bear Diner.
Key terms
- Franchise fee
$55k
- Brand fund
1.0% of Net Sales
- Local advertising
1.0% of Net Sales
- Footprint
4,500 – 6,000 sq ft
- Area Development Agreement
$23k
- Area Development Agreement
$20k
- Area Development Agreement
$16k
- Area Development Agreement
$12k
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing).
Growth
- Total locations97
Franchised units open at year-end
- New openings7
Gross new units opened during the calendar year
- 1-year unit growth rate5.4%
Net unit growth versus prior year
- 3-year unit CAGR3.2%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio3.5×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$1.9M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate4.5%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 113 of 297 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.