Under what exhibit number are the Black Bear Diner financial statements attached?
Black_Bear_Diner Franchise · 2025 FDDAnswer from 2025 FDD Document
The names, addresses and telephone numbers of all then current Black Bear Diner franchisees as of our last fiscal year ended December 25, 2024 are attached to this disclosure document as Exhibit F. The name, city and state, and current business telephone number, or if unknown, the last known home telephone number of every franchisee who had an outlet terminated, cancelled, not renewed, or otherwise voluntarily or involuntarily ceased to do business under the franchise agreement during the most recently completed fiscal year or who has not communicated with the franchisor within 10 weeks of the disclosure document issuance date appear at Exhibit G. If you buy this franchise, your contact information may be disclosed to other buyers when you leave the franchise system.
EXHIBIT H TO THE DISCLOSURE DOCUMENT
MULTI STATE ADDENDA TO THE BBDI LLC FRANCHISE DISCLOSURE DOCUMENT, FRANCHISE AGREEMENT AND AREA DEVELOPMENT AGREEMENT
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 55)
What This Means (2025 FDD)
Based on the 2025 Black Bear Diner Franchise Disclosure Document, the excerpts provided do not contain information regarding the exhibit number under which the financial statements are attached. The excerpts do refer to several exhibits, such as Exhibit F which lists current Black Bear Diner franchisees, Exhibit G which lists franchisees who have left the system, and Exhibit H which contains multi-state addenda. However, none of the provided excerpts explicitly mention which exhibit contains the financial statements.
A prospective franchisee should carefully review the table of contents and list of exhibits in the FDD to locate the financial statements. If it is still unclear, they should directly ask the franchisor, BBDI LLC, for clarification on where to find the financial statements within the FDD. This is crucial for assessing the financial health and performance of the Black Bear Diner franchise system.
Understanding the financial performance of both franchised and company-owned Black Bear Diner restaurants is essential for making an informed investment decision. The FDD includes financial performance representations in Item 19, but the actual financial statements provide a more detailed and comprehensive view of the company's financial condition. Therefore, knowing the specific exhibit number for the financial statements is a key piece of due diligence for any potential franchisee.