What was the total member's equity for Black Bear Diner as of December 30, 2021?
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 member's equity as of December 30, 2021, was $47,340,430. This figure is derived from a contributed capital of $67,537,110 and an accumulated deficit of $ (20,196,680).
Member's equity represents the ownership stake in Black Bear Diner held by its members, reflecting the net assets of the company after deducting liabilities. A prospective franchisee should consider this a key indicator of the financial health and stability of the franchisor. A higher member's equity generally suggests a stronger financial foundation.
It's important to note that this equity can be affected by various factors, including net income, distributions, and other capital transactions. For instance, in 2021, Black Bear Diner had a net income of $6,486,430, which positively contributed to the member's equity. However, distributions of $13,529,000 had a negative impact, reducing the overall equity. Understanding these components provides a more comprehensive view of the company's financial performance and its impact on member's equity.
Prospective franchisees should analyze these figures in conjunction with other financial metrics and trends to assess the long-term viability and financial management of Black Bear Diner. Consulting with a financial advisor is recommended to fully understand the implications of these numbers.