How many company-owned Black Bear Diner outlets were there at the end of 2024?
Black_Bear_Diner Franchise · 2025 FDDAnswer from 2025 FDD Document
| OUTLET TYPE | YEAR | OUTLETS AT THE START OF THE YEAR | OUTLETS AT THE END OF THE YEAR | NET CHANGE |
|---|---|---|---|---|
| Franchised | 2022 | 84 | 88 | +4 |
| 2023 | 88 | 91 | +3 | |
| 2024 | 91 | 92 | +1 | |
| 2022 | 60 | 65 | +5 | |
| Company | 2023 | 65 | 65 | 0 |
| Owned | 2024 | 65 | 70 | +5 |
| 2022 | 144 | 153 | +9 | |
| Total Outlets | 2023 | 153 | 156 | +3 |
| 2024 | 156 | 162 | +6 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 52–55)
What This Means (2025 FDD)
According to Black Bear Diner's 2025 Franchise Disclosure Document, at the end of 2024, there were 70 company-owned Black Bear Diner outlets. This is an increase of 5 company-owned outlets compared to the beginning of the year. At the start of 2024, there were 65 company-owned outlets.
For a prospective franchisee, this indicates the presence and growth of company-owned stores alongside franchised locations. It can be beneficial to have company-owned stores as it shows the franchisor is also invested in the brand's success and can test new strategies or menu items in these locations before rolling them out to the franchise network.
It's also worth noting the trend over the past three years. In 2022, Black Bear Diner had 60 company-owned outlets which increased to 65 by the end of the year. In 2023, the number remained constant at 65, and then increased to 70 in 2024. This data provides insight into the growth and stability of the company-owned side of the business, which can be a factor in a franchisee's decision-making process.