Franchise opportunities compared
Black Bear Diner vs Green Mill Restaurants
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. 19Green Mill Restaurants
$1,681,800 – $2,503,100
2025 FDD · Item 7 · PDF p. 15Initial franchise fee · Item 5
Black Bear Diner
$55,000
2025 FDD · Item 5 · PDF p. 13Green Mill Restaurants
Not available
Royalty · Item 6
Black Bear Diner
4.5%
2025 FDD · Item 6 · PDF p. 14Green Mill Restaurants
Not available
Before you compare
- Both sets of figures come from 2025 FDDs.
- Only Black Bear Diner has reviewed Item 19 figures here.
Financial commitment
Green Mill RestaurantsBlack Bear Diner
Green Mill Restaurants
Black Bear Diner
Green Mill Restaurants
Black Bear Diner
Green Mill Restaurants
Black Bear Diner
Green Mill Restaurants
System scale & health
Green Mill RestaurantsBlack Bear Diner
Green Mill Restaurants
Black Bear Diner
Green Mill Restaurants
Black Bear Diner
Green Mill Restaurants
Black Bear Diner
Green Mill Restaurants
Black Bear Diner
Green Mill Restaurants
Financial performance (Item 19), by location group
Green Mill RestaurantsNot disclosed — no Item 19 financial performance representation
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 Green Mill Restaurants: common questions
- Which costs less to open, Black Bear Diner or Green Mill Restaurants?
- Black Bear Diner: $1,546,200 – $2,349,000 (2025 FDD · Item 7 · PDF p. 19); Green Mill Restaurants: $1,681,800 – $2,503,100 (2025 FDD · Item 7 · PDF p. 15). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Black Bear Diner. Estimates are not quotes, and the FDD years may differ.
- Which has more locations, Black Bear Diner or Green Mill Restaurants?
- Black Bear Diner: 162 (2025 FDD · Item 20 · PDF p. 52); Green Mill Restaurants: 14 (2025 FDD · Item 20 · PDF p. 40). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do Black Bear Diner and Green Mill Restaurants disclose financial performance (Item 19)?
- Black Bear Diner has reviewed Item 19 figures for 27 location groups; Green Mill Restaurants makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.
Keep researching
Full Black Bear Diner report
Every reviewed fee, Item 19 group, outlet table and territory disclosure

Full Green Mill Restaurants report
Every reviewed fee, Item 19 group, outlet table and territory disclosure


