What was the median Gross Sales for Black Bear Diner restaurants in fiscal year 2023?
Black_Bear_Diner Franchise · 2025 FDDAnswer from 2025 FDD Document
ur in operation of your Restaurants.
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| Fiscal Year 2024 Fiscal Year 2023 | ||||
|---|---|---|---|---|
| Number of Company-Affiliated | 65 | 63 | ||
| Restaurants | Amount | % | ||
| Gross Sales (1) | Average $2,785,159 Median $2,756,484 Highest $4,626,764 Lowest $1,478,223 | Ave |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 46–52)
What This Means (2025 FDD)
According to Black Bear Diner's 2025 Franchise Disclosure Document, the median Gross Sales for company-affiliated restaurants during the fiscal year 2023 was $2,776,833. This data is based on the performance of 63 company-affiliated Black Bear Diner restaurants that were open and operating for the entire fiscal year, which ended on December 27, 2023.
It's important to note that these figures are derived from the internal accounting records of company-affiliated restaurants and are unaudited. The FDD emphasizes that while these restaurants offer similar products and services to franchised locations, prospective franchisees should conduct their own independent investigation into potential costs and expenses. The financial performance of company-affiliated restaurants may not be indicative of the performance of a franchised Black Bear Diner.
Gross Sales, as defined in the FDD, include the total sales price of all food products and services, net of discounts and excluding taxes collected from customers. The FDD also provides the highest and lowest gross sales for franchised restaurants during fiscal year 2023, which were $4,921,303 and $1,453,703, respectively. These figures can give a potential franchisee a sense of the range of sales achieved by company-affiliated restaurants.
Prospective franchisees should be aware that their individual results may differ, and there is no guarantee they will achieve the same sales or cost results as those reflected in the FDD. It is crucial to conduct thorough due diligence, including consulting with current and former franchisees, to gain a comprehensive understanding of the potential financial performance of a Black Bear Diner franchise.