Franchise opportunities compared

    Black Bear Diner vs Bonchon Business and Restaurant

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Black Bear Diner

    $1,546,200 – $2,349,000

    2025 FDD · Item 7 · PDF p. 19

    Bonchon Business and Restaurant

    $47,000 – $772,536

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    Black Bear Diner

    $55,000

    2025 FDD · Item 5 · PDF p. 13

    Bonchon Business and Restaurant

    $35,000

    2026 FDD · Item 5 · PDF p. 12

    Royalty · Item 6

    Black Bear Diner

    4.5%

    2025 FDD · Item 6 · PDF p. 14

    Bonchon Business and Restaurant

    $5.00

    2026 FDD · Item 6 · PDF p. 13

    Before you compare

    • Black Bear Diner figures come from its 2025 FDD and Bonchon Business and Restaurant figures from its 2026 FDD, so the years differ.
    • Bonchon Business and Restaurant discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Black Bear Diner: 27, Bonchon Business and Restaurant: 30). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Black Bear Diner

    $1,546,200 – $2,349,000
    Total Estimated Initial Investment (low)
    2025 FDD · Item 7 · PDF p. 19

    Bonchon Business and Restaurant

    $47,000 – $772,536
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Black Bear Diner

    $55,000
    2025 FDD · Item 5 · PDF p. 13

    Bonchon Business and Restaurant

    $35,000
    2026 FDD · Item 5 · PDF p. 12
    Royalty (Item 6)

    Black Bear Diner

    4.5%
    Royalty
    2025 FDD · Item 6 · PDF p. 14

    Bonchon Business and Restaurant

    $5.00
    full 12 months of operations, after which the weekly Continuing Royalty rate will be — 5%
    2026 FDD · Item 6 · PDF p. 13
    Brand / advertising fund (Item 6)

    Black Bear Diner

    1%
    Marketing Fund Contribution — 1%
    2025 FDD · Item 6 · PDF p. 15

    Bonchon Business and Restaurant

    4%
    n Franchise Agreement, Section 5.05. See Note 1 System Brand Fund Contribution Up to — 4% — 4%
    2026 FDD · Item 6 · PDF p. 14

    System scale & health

    Total outlets (Item 20)

    Black Bear Diner

    162
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 52

    Bonchon Business and Restaurant

    148
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 87
    Net outlet change (Item 20)

    Black Bear Diner

    +9
    Calculated: 153 at end of 2022 → 162 at end of 2024

    Bonchon Business and Restaurant

    +21
    Calculated: 127 at end of 2023 → 148 at end of 2025
    Outlet exits (Item 20)

    Black Bear Diner

    Not available
    No complete exit records for a year

    Bonchon Business and Restaurant

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Black Bear Diner

    Not available
    Not in reviewed records

    Bonchon Business and Restaurant

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Black Bear Diner

    Not available
    Not in reviewed records

    Bonchon Business and Restaurant

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Black Bear Diner
    Locations counted not stated in the reviewed record — Company-affiliated restaurants, FY2024 All third group
    $2,785,159
    other Company-affiliated Restaurants Fiscal Year 2024 All third average Gross Sales per Restaurant
    2025 FDD · Item 19 · PDF p. 48
    Locations counted not stated in the reviewed record — Company-affiliated restaurants, FY2024 Top third group
    $3,596,276
    other Company-affiliated Restaurants Fiscal Year 2024 Top third average Gross Sales per Restaurant
    2025 FDD · Item 19 · PDF p. 48
    Locations counted not stated in the reviewed record — Franchised Restaurants, FY2024 All group
    $4,413,004
    other Franchised Restaurants Fiscal Year 2024 highest Gross Sales
    2025 FDD · Item 19 · PDF p. 49
    +24 more groups in the full report
    Bonchon Business and Restaurant
    Locations counted not stated in the reviewed record — Mature Fast Casual restaurants
    $2,166,573
    other Highest gross revenues
    2026 FDD · Item 19 · PDF p. 84
    Locations counted not stated in the reviewed record — Mature Delivery and Carryout Only restaurants
    $702,988
    other annual gross revenues
    2026 FDD · Item 19 · PDF p. 84
    Locations counted not stated in the reviewed record — Mature Dine-In restaurants
    $1,595,312
    other annual gross revenues
    2026 FDD · Item 19 · PDF p. 84
    +27 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Black Bear Diner vs Bonchon Business and Restaurant: common questions

    Which costs less to open, Black Bear Diner or Bonchon Business and Restaurant?
    Black Bear Diner: $1,546,200 – $2,349,000 (2025 FDD · Item 7 · PDF p. 19); Bonchon Business and Restaurant: $47,000 – $772,536 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Bonchon Business and Restaurant. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Black Bear Diner and Bonchon Business and Restaurant royalties compare?
    Black Bear Diner: 4.5% (2025 FDD · Item 6 · PDF p. 14); Bonchon Business and Restaurant: $5.00 (2026 FDD · Item 6 · PDF p. 13). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Black Bear Diner or Bonchon Business and Restaurant?
    Black Bear Diner: 162 (2025 FDD · Item 20 · PDF p. 52); Bonchon Business and Restaurant: 148 (2026 FDD · Item 20 · PDF p. 87). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Black Bear Diner and Bonchon Business and Restaurant disclose financial performance (Item 19)?
    Black Bear Diner has reviewed Item 19 figures for 27 location groups; Bonchon Business and Restaurant has reviewed Item 19 figures for 30 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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