What was the median Gross Sales for Black Bear Diner restaurants in fiscal year 2024?

According to Black Bear Diner's 2025 Franchise Disclosure Document, the median Gross Sales for company-affiliated restaurants during the fiscal year 2024 was $2,756,484. This data is based on the performance of 65 company-affiliated Black Bear Diner restaurants that were open and operating for the entire fiscal year, which ended on December 25, 2024.

It's important to note that these figures are derived from company-affiliated restaurants and may not be representative of franchised locations. The FDD indicates that the franchisor does not audit or verify franchisee sales reports. While the company-affiliated restaurants pay royalties and advertising contributions similar to franchisees, the provided analysis does not account for these amounts in the initial gross sales figures, though it does include a separate chart estimating these expenses.

Prospective franchisees should be aware that their individual results may differ from those presented in the Item 19 financial performance representation. The FDD explicitly states that there is no assurance that franchisees will achieve the same sales or cost results. Therefore, it is crucial for potential franchisees to conduct their own independent investigation, including consulting with current or former franchisees, to assess the potential financial performance of a Black Bear Diner franchise.