What was the total net change in the number of Black Bear Diner outlets in 2022?
Black_Bear_Diner Franchise · 2025 FDDAnswer from 2025 FDD Document
| OUTLET TYPE | YEAR | OUTLETS AT THE START OF THE YEAR | OUTLETS AT THE END OF THE YEAR | NET CHANGE |
|---|---|---|---|---|
| Franchised | 2022 | 84 | 88 | +4 |
| 2023 | 88 | 91 | +3 | |
| 2024 | 91 | 92 | +1 | |
| 2022 | 60 | 65 | +5 | |
| Company | 2023 | 65 | 65 | 0 |
| Owned | 2024 | 65 | 70 | +5 |
| 2022 | 144 | 153 | +9 | |
| Total Outlets | 2023 | 153 | 156 | +3 |
| 2024 | 156 | 162 | +6 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 52–55)
What This Means (2025 FDD)
According to Black Bear Diner's 2025 Franchise Disclosure Document, the total net change in the number of outlets during 2022 was an increase of 9 locations. This increase reflects the net effect of new openings and any closures or other changes to the Black Bear Diner system. Specifically, franchised outlets experienced a net increase of 4 locations, while company-owned outlets saw a net increase of 5 locations.
For a prospective franchisee, this data indicates the overall growth and stability of the Black Bear Diner brand. A net increase suggests that the franchise system is expanding and that existing locations are generally performing well enough to sustain growth. It's important to note that while the total number of outlets increased, the performance of individual locations can vary, and franchisees should conduct their own due diligence to assess the potential of specific markets.
It is also important to consider the relative contributions of franchised versus company-owned locations to the overall net change. In 2022, company-owned restaurants contributed more to the net growth. Franchisees should investigate the reasons behind these differences, such as varying investment strategies or operational efficiencies, to better understand the dynamics of the Black Bear Diner system. This information can be valuable in evaluating the potential risks and rewards of investing in a franchise.
While the provided data offers a snapshot of the system's overall growth, prospective franchisees should also inquire about the specific factors driving these changes. Understanding the reasons behind outlet openings, closures, and transfers can provide a more comprehensive view of the health and stability of the Black Bear Diner franchise system. Further research into the performance of individual locations and the support provided to franchisees can help potential investors make informed decisions.