How many Black Bear Diner franchised outlets opened in Texas during 2023?
Black_Bear_Diner Franchise · 2025 FDDAnswer from 2025 FDD Document
| 0 | 0 | 0 | 2 | 92 | Table #4 Status of Company Owned Outlets1 For Years 2022 to 2024
| STATE | YEAR | OUTLETS AT START OF THE YEAR | OUTLETS OPENED | OUTLETS REACQUIRED FROM FRANCHISEE | OUTLETS CLOSED | OUTLETS SOLD TO FRANCHISEE | OUTLETS AT END OF THE YEAR |
|---|---|---|---|---|---|---|---|
| Arizona | 2022 | 12 | 0 | 0 | 0 | 0 | 12 |
| 2023 |
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 2 franchised outlets opened in Texas during 2023. The table provided in Item 20 details the changes in outlet numbers across various states from 2022 to 2024. At the start of 2023, Texas had 13 franchised Black Bear Diner outlets, and by the end of the year, this number increased to 15. This increase is solely attributed to the opening of new franchised outlets, as there were no outlets reacquired from franchisees or sold to franchisees during that year.
For a prospective franchisee, this information indicates the growth and expansion of Black Bear Diner in Texas. The addition of 2 new franchised outlets in a single year suggests a positive trend and potential market demand for the brand in the state. This data can be useful in assessing the brand's performance and market penetration in Texas, which is valuable for making an informed investment decision.
It is important to note that while the table provides a historical overview of outlet changes, it does not guarantee future performance. Factors such as market conditions, competition, and the franchisee's operational capabilities can influence the success of a Black Bear Diner franchise. Therefore, while the data suggests a positive trend, prospective franchisees should conduct thorough due diligence and consider various factors before investing.