Black Bear Diner vs Wahlburgers
Franchise Comparison 2026
Both Black Bear Diner and Wahlburgers are full-service restaurants franchises. Black Bear Diner requires an investment of $1.5M – $2.3M while Wahlburgers requires $1.1M – $2.8M. Black Bear Diner discloses average revenue of $2.8M; Wahlburgers does not report Item 19 data. Black Bear Diner has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates Black Bear Diner A (Top Quintile) and Wahlburgers F (Bottom Quintile).
| Metric | Black Bear Diner | Wahlburgers |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | FBottom QuintileBottom Quintile |
| Investment Range | $1.5M – $2.3M | $1.1M – $2.8M |
| Franchise Fee | $55K | $60K |
| Royalty Rate | 4.5% | 8.0% |
| Average Revenue (Item 19) | $2.8M | N/A |
| SBA Charge-Off Rate | 0.0% (29 loans) | N/A |
| Total Units | 162 | 25 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2002 | 2021 |
| FDD Year | 2025 | 2025 |
Investment Range
$1.5M – $2.3M
$1.1M – $2.8M
Franchise Fee
$55K
$60K
Royalty Rate
4.5%
8.0%
Average Revenue (Item 19)
$2.8M
N/A
SBA Charge-Off Rate
0.0% (29 loans)
N/A
Total Units
162
25
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2002
2021
FDD Year
2025
2025