How much did Black Bear Diner spend on purchases of property and equipment in 2024?
Black_Bear_Diner Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company-owned restaurants are operated by Bear Tracks Holdings LLC (BTH), an entity under common control with the Company. The Company and BTH are owned by BBD Opco LLC (Parent). BBD Opco LLC is owned by BBD Intermediate Holdco, LLC (Intermediate) and for which Intermediate is ultimately owned by BBD Holdco LLC (Holdco).
Use of Estimates: The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Areas that include significant estimates made by management include, but are not limited to, estimated useful lives and carrying value of long-lived assets and the valuation of intangible assets and goodwill. Actual results could differ significantly from those estimates.
Source: Item 23 — RECEIPT (FDD pages 56–243)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the Black Bear Diner company-owned restaurants are operated by Bear Tracks Holdings LLC (BTH), which is under common control with the Company. Both the Company and BTH are owned by BBD Opco LLC (Parent). BBD Opco LLC is owned by BBD Intermediate Holdco, LLC (Intermediate) and for which Intermediate is ultimately owned by BBD Holdco LLC (Holdco). The document states that the preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Areas that include significant estimates made by management include, but are not limited to, estimated useful lives and carrying value of long-lived assets and the valuation of intangible assets and goodwill. Actual results could differ significantly from those estimates.
However, the excerpt does not explicitly state the total amount Black Bear Diner spent on purchases of property and equipment in 2024. Instead, it focuses on the structure of the company's ownership and the accounting practices used in preparing the financial statements.
A prospective franchisee should directly ask Black Bear Diner's franchisor for the specific figures related to property and equipment purchases to gain a clearer understanding of the company's financial investments in these areas.