How many Black Bear Diner franchise transfers occurred in California during 2023?
Black_Bear_Diner Franchise · 2025 FDDAnswer from 2025 FDD Document
| STATE | YEAR | NUMBER OF TRANSFERS |
|---|---|---|
| California | 2022 | 1 |
| 2023 | 4 | |
| 2024 | 2 | |
| Oregon | 2022 | 3 |
| 2023 | 1 | |
| 2024 | 0 | |
| Total Outlets | 2022 | 4 |
| 2023 | 5 | |
| 2024 | 2 |
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, there were 4 franchise transfers in California during 2023. This indicates the number of existing Black Bear Diner locations in California that were sold by one franchisee to another owner during that year.
Franchise transfers can occur for various reasons, such as a franchisee retiring, selling their business for personal reasons, or not being able to successfully manage the franchise. A high number of transfers could indicate instability within the franchise system, while a low number might suggest that franchisees are generally satisfied with their businesses. However, it is important to consider the overall size of the franchise system when evaluating transfer numbers.
For a prospective franchisee, understanding the reasons behind franchise transfers is crucial. It would be wise to investigate why these transfers occurred in California during 2023 by speaking with current and former franchisees. This information can provide valuable insights into the health and stability of the Black Bear Diner franchise system and the potential challenges and opportunities that a new franchisee might encounter.