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FranchiseVerdict

Black Bear Diner vs Friendly’s

Franchise Comparison 2026

Both Black Bear Diner and Friendly’s are full-service restaurants franchises. Black Bear Diner requires an investment of $1.5M – $2.2M while Friendly’s requires $1.1M – $2.7M. Black Bear Diner discloses average revenue of $2.8M; no Item 19 revenue figure is on file for Friendly’s. Friendly’s has SBA lending data on file with a 6.5% charge-off rate. FranchiseVerdict rates Black Bear Diner A (Strongest tier) and Friendly’s B (Above average).

Investment Range
$1.5M – $2.2M
$1.1M – $2.7M
Franchise Fee
$55K
$30K
Royalty Rate
4.5%
6.0%
Average Revenue (Item 19)
$2.8M
N/A
SBA Charge-Off Rate
Limited data
6.5% (37 loans)
Total Units
169
95
Unit Growth (YoY)
+5 units
+8 units
Year Began Franchising
2002
1986
FDD Year
2026
2025