Black Bear Diner

Source filing: WI · filed 2026-04-01

Item 5 — Initial franchise fee

$55,000 [p.13 · WI · 2026-04-01]

Item 6 — Recurring fees (royalty & advertising)

Royalty4.5% of Gross Sales(2) [p.14 · WI · 2026-04-01]
Marketing Fund Contribution1% of Gross Sales [p.14 · WI · 2026-04-01]
Local Advertising1% of Gross Sales [p.14 · WI · 2026-04-01]
Grand Opening Advertising$5,500 [p.15 · WI · 2026-04-01]

Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.

Item 7 — Estimated initial investment (total)

$1,495,700 [p.19 · WI · 2026-04-01] $2,238,600 [p.19 · WI · 2026-04-01]

Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.

Item 20 — Outlets

Franchised outlets at start of year92 [p.52 · WI · 2026-04-01]
Franchised outlets at end of year97 [p.52 · WI · 2026-04-01]
Net change in franchised outlets5 [p.52 · WI · 2026-04-01]
Transfers3 [p.52 · WI · 2026-04-01]
TerminationsNot disclosed
Non-renewalsNot disclosed
Ceased operations (other)Not disclosed
Company-owned outlets at end of year72 [p.52 · WI · 2026-04-01]

Item 19 — Financial performance representation

Headline cohort

All franchised Restaurants FY2025 · fiscal year ended December 31, 2025

Outlets in sampleAverageMedianHighLow
88 [p.48 · WI · 2026-04-01] $2,820,694 [p.48 · WI · 2026-04-01] $2,697,884 [p.48 · WI · 2026-04-01] $4,926,019 [p.49 · WI · 2026-04-01] $1,484,266 [p.49 · WI · 2026-04-01]

All disclosed cohorts (16)

CohortOutletsAverageMedianHighLow
All company-affiliated Restaurants FY2025
fiscal year ended December 31, 2025
70 [p.48 · WI · 2026-04-01] $2,759,141 [p.48 · WI · 2026-04-01] $2,658,601 [p.48 · WI · 2026-04-01] $4,522,797 [p.48 · WI · 2026-04-01] $1,500,478 [p.48 · WI · 2026-04-01]
Top third company-affiliated Restaurants FY2025
fiscal year ended December 31, 2025
23 [p.48 · WI · 2026-04-01] $3,579,631 [p.48 · WI · 2026-04-01] $3,500,845 [p.48 · WI · 2026-04-01] Not disclosed Not disclosed
Middle third company-affiliated Restaurants FY2025
fiscal year ended December 31, 2025
24 [p.48 · WI · 2026-04-01] $2,677,323 [p.48 · WI · 2026-04-01] $2,658,601 [p.48 · WI · 2026-04-01] Not disclosed Not disclosed
Bottom third company-affiliated Restaurants FY2025
fiscal year ended December 31, 2025
23 [p.48 · WI · 2026-04-01] $2,024,026 [p.48 · WI · 2026-04-01] $2,009,135 [p.48 · WI · 2026-04-01] Not disclosed Not disclosed
All company-affiliated Restaurants FY2024
fiscal year ended December 25, 2024
65 [p.48 · WI · 2026-04-01] $2,785,159 [p.48 · WI · 2026-04-01] $2,756,484 [p.48 · WI · 2026-04-01] $4,626,764 [p.48 · WI · 2026-04-01] $1,478,223 [p.48 · WI · 2026-04-01]
Top third company-affiliated Restaurants FY2024
fiscal year ended December 25, 2024
22 [p.48 · WI · 2026-04-01] $3,596,276 [p.48 · WI · 2026-04-01] $3,494,764 [p.48 · WI · 2026-04-01] Not disclosed Not disclosed
Middle third company-affiliated Restaurants FY2024
fiscal year ended December 25, 2024
21 [p.48 · WI · 2026-04-01] $2,739,446 [p.48 · WI · 2026-04-01] $2,756,484 [p.48 · WI · 2026-04-01] Not disclosed Not disclosed
Bottom third company-affiliated Restaurants FY2024
fiscal year ended December 25, 2024
22 [p.48 · WI · 2026-04-01] $2,017,677 [p.48 · WI · 2026-04-01] $2,053,879 [p.48 · WI · 2026-04-01] Not disclosed Not disclosed
All franchised Restaurants FY2025
fiscal year ended December 31, 2025
88 [p.48 · WI · 2026-04-01] $2,820,694 [p.48 · WI · 2026-04-01] $2,697,884 [p.48 · WI · 2026-04-01] $4,926,019 [p.49 · WI · 2026-04-01] $1,484,266 [p.49 · WI · 2026-04-01]
Top third franchised Restaurants FY2025
fiscal year ended December 31, 2025
29 [p.48 · WI · 2026-04-01] $3,723,198 [p.48 · WI · 2026-04-01] $3,762,250 [p.48 · WI · 2026-04-01] Not disclosed Not disclosed
Middle third franchised Restaurants FY2025
fiscal year ended December 31, 2025
30 [p.48 · WI · 2026-04-01] $2,702,799 [p.48 · WI · 2026-04-01] $2,697,884 [p.48 · WI · 2026-04-01] Not disclosed Not disclosed
Bottom third franchised Restaurants FY2025
fiscal year ended December 31, 2025
29 [p.48 · WI · 2026-04-01] $2,040,150 [p.48 · WI · 2026-04-01] $2,080,070 [p.48 · WI · 2026-04-01] Not disclosed Not disclosed
All franchised Restaurants FY2024
fiscal year ended December 25, 2024
86 [p.49 · WI · 2026-04-01] $2,796,472 [p.49 · WI · 2026-04-01] $2,677,438 [p.49 · WI · 2026-04-01] $4,413,004 [p.49 · WI · 2026-04-01] $1,469,335 [p.49 · WI · 2026-04-01]
Top third franchised Restaurants FY2024
fiscal year ended December 25, 2024
Not disclosed Not disclosed Not disclosed Not disclosed Not disclosed
Middle third franchised Restaurants FY2024
fiscal year ended December 25, 2024
28 [p.49 · WI · 2026-04-01] $2,660,680 [p.49 · WI · 2026-04-01] $2,677,438 [p.49 · WI · 2026-04-01] Not disclosed Not disclosed
Bottom third franchised Restaurants FY2024
fiscal year ended December 25, 2024
29 [p.49 · WI · 2026-04-01] $2,048,218 [p.49 · WI · 2026-04-01] $2,089,681 [p.49 · WI · 2026-04-01] Not disclosed Not disclosed
“Gross Sales consists of the total sales price of all food products (including take-out, drive-thru or catering) and all other products and services sold by the Black Bear Diner Restaurants, net of discounts and excluding taxes collected directly from customers” [p.47 · WI · 2026-04-01]

Extraction notes