How long is the initial franchise term for a Black Bear Diner franchise?

According to Black Bear Diner's 2025 Franchise Disclosure Document, the initial franchise term begins when the franchisee signs the Franchise Agreement. The term expires 10 years from the date the Black Bear Diner restaurant actually opens, unless the agreement is terminated earlier for cause according to the terms of the Franchise Agreement.

Black Bear Diner offers an option for renewal of the franchise agreement. A franchisee can renew for an additional term of 10 years if they meet certain requirements.

To renew the franchise agreement with Black Bear Diner, the franchisee must have substantially complied with the provisions of the Franchise Agreement and not be in default at the time of renewal. They also need to maintain possession of the premises, remodel and modernize the restaurant to reflect the current appearance of new Black Bear Diner restaurants, provide notice of their intent to renew, sign a new franchise agreement, meet current training requirements, pay a renewal fee of $5,000, and sign a general release. The terms of the new franchise agreement may contain materially different terms and conditions.

It is important for prospective franchisees to understand that while the initial term is 10 years from opening, maintaining compliance and investing in updates are necessary to be eligible for renewal. The potential for altered terms in the renewed agreement also warrants careful consideration.