What was the total balance for Black Bear Diner as of December 27, 2023?
Black_Bear_Diner Franchise · 2025 FDDAnswer from 2025 FDD Document
ovides additional information about the Companyowned and franchised restaurants operating as of December 25, 2024 and December 27, 2023:
| Cash flows from investing activities: | | | |---|---|---| | ( 168,891) | ( 296,015) | | | Purchases of property and equipment | | | | Net cash used in investing activities | ( 168,891) | ( 296,015) | 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).
The Company also operates a national advertising fund (NAF) which administers national, regional, and local advertising and marketing initiatives for the brand. The Company receives funds from Black Bear Diner branded restaurants approximating 1.00% of revenue. The Company physically segregates these funds to ensure that the funds are utilized specifically for advertising and other brand development initiatives as defined in the respective franchise agreements. From time to time, the Company utilizes the funds received from franchisees for advertising purposes as reimbursement of its costs, including salaries and other internal costs of administering the NAF. The reimbursements totaled $172,139 and $118,881 for the years ended December 25, 2024 and December 27, 2023, respectively, and are netted within payroll and benefits expenses on the statements of income. The production costs of advertising are expensed when the advertisements are first aired or displayed. All other advertising and promotional costs are expensed in the period incurred.
Source: Item 23 — RECEIPT (FDD pages 56–243)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the provided excerpts do not contain a specific figure for the total balance of Black Bear Diner as of December 27, 2023. However, the document does provide some financial context regarding the brand's operations and accounting practices.
Specifically, the FDD mentions that the company utilizes a 52/53-week fiscal year, which ended on December 27, 2023. It also details the company's involvement with a national advertising fund (NAF), where Black Bear Diner restaurants contribute approximately 1.00% of their revenue. The reimbursements from this fund totaled $172,139 and $118,881 for the years ended December 25, 2024 and December 27, 2023, respectively.
Additionally, the document highlights related-party transactions, such as royalty income from Bear Tracks Holdings LLC (BTH), which amounted to $8,041,863 for the year ended December 27, 2023. The company also charged BTH $3,153,562 for an allocable share of management and administrative expenses for the same period. These figures offer insight into the financial activities and revenue streams of Black Bear Diner, but they do not represent the company's overall balance.
To obtain the total balance for Black Bear Diner as of December 27, 2023, a prospective franchisee should directly request this information from the franchisor. This figure would provide a more comprehensive understanding of the company's financial health and stability.