What was the amount of restricted cash for Black Bear Diner at the beginning of the year?
Black_Bear_Diner Franchise · 2025 FDDAnswer from 2025 FDD Document
ovides additional information about the Companyowned and franchised restaurants operating as of December 25, 2024 and December 27, 2023:
| Cash flows from investing activities: | | | |---|---|---| | ( 168,891) | ( 296,015) | | | Purchases of property and equipment | | | | Net cash used in investing activities | ( 168,891) | ( 296,015) | The Company-owned restaurants are operated by Bear Tracks Holdings LLC (BTH), an entity under common control with the Company. The Company and BTH are owned by BBD Opco LLC (Parent). BBD Opco LLC is owned by BBD Intermediate Holdco, LLC (Intermediate) and for which Intermediate is ultimately owned by BBD Holdco LLC (Holdco).
The Company also operates a national advertising fund (NAF) which administers national, regional, and local advertising and marketing initiatives for the brand. The Company receives funds from Black Bear Diner branded restaurants approximating 1.00% of revenue. The Company physically segregates these funds to ensure that the funds are utilized specifically for advertising and other brand
Source: Item 23 — RECEIPT (FDD pages 56–243)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the information about the amount of restricted cash for Black Bear Diner at the beginning of the year is not included. The document does mention that the company operates a national advertising fund (NAF) and receives funds from Black Bear Diner branded restaurants approximating 1.00% of revenue. These funds are segregated for advertising and brand development initiatives.
While the FDD discusses the handling of advertising funds and related party transactions, it does not specify the exact amount of restricted cash held by Black Bear Diner at the beginning of either the 2023 or 2024 fiscal year. The document does provide details on revenue, expenses, and royalty income, but these are distinct from restricted cash balances.
A prospective franchisee should directly ask Black Bear Diner's management about the specific amounts of restricted cash held at the beginning of the relevant fiscal years to gain a clearer understanding of the company's financial position and how advertising funds are managed.