What was the total amount of distributions, net, for Black Bear Diner as of December 27, 2023?
Black_Bear_Diner Franchise · 2025 FDDAnswer from 2025 FDD Document
| 3,935,736 | | Occupancy and utilities | | 580,444 | | 619,025 | | Selling, general and administrative | | 1,326,093 | | 1,517,807 | | Travel and lodging | | 717,117 | | 782,821 | | Office supplies | | 37,976 | | 52,220 | | Professional services | | 1,230,626 | | 1,196,246 | | Depreciation and amortization of property and equipment | | 86,353 | | 70,347 | | Amortization of intangible assets and goodwill | | 3,292,515 | | 3,273,868 | | Other income | | (50,973) | | (4,029) | | | | 16,157,763 | _ | 15,197,891 | | Net income | $ | 6,833,879 | $ | 6,486,430 |
BBDI LLC STATEMENTS OF MEMBER'S EQUITY For the years ended December 27, 2023 and December 28, 2022
| | Contributed | Accumulated | Total Member's | |---------------------
Source: Item 23 — RECEIPT (FDD pages 56–243)
What This Means (2025 FDD)
According to Black Bear Diner's 2025 Franchise Disclosure Document, the total amount of net distributions as of December 27, 2023, was $7,965,000. This figure reflects the distributions made to the owners or members of the company during that fiscal year. Understanding these distributions is crucial for potential franchisees as it provides insight into the financial management and profitability of the Black Bear Diner organization.
Specifically, this number is part of a larger table detailing the changes in member's equity over time. The table starts with a balance of $47,340,430 as of December 30, 2021, and shows how profits interest units compensation and net income contribute to the equity. The distributions then reduce the total equity. By December 27, 2023, the total member's equity stood at $39,285,739.
For a prospective franchisee, this data offers a glimpse into how Black Bear Diner manages its finances and shares profits. While distributions are a normal part of business, significant fluctuations from year to year could signal changes in financial strategy or performance that warrant further investigation. It is important to consider these figures in conjunction with other financial metrics provided in the FDD to gain a comprehensive understanding of the franchise's financial health.