Wahlburgers vs Black Bear Diner
Franchise Comparison 2026
Both Wahlburgers and Black Bear Diner are full-service restaurants franchises. Wahlburgers requires an investment of $1.1M – $2.8M while Black Bear Diner requires $1.5M – $2.3M. 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 Wahlburgers F (Bottom Quintile) and Black Bear Diner A (Top Quintile).
| Metric | Wahlburgers | Black Bear Diner |
|---|---|---|
| Verdict Grade | FBottom QuintileBottom Quintile | ATop QuintileTop Quintile |
| Investment Range | $1.1M – $2.8M | $1.5M – $2.3M |
| Franchise Fee | $60K | $55K |
| Royalty Rate | 8.0% | 4.5% |
| Average Revenue (Item 19) | N/A | $2.8M |
| SBA Charge-Off Rate | N/A | 0.0% (29 loans) |
| Total Units | 25 | 162 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2021 | 2002 |
| FDD Year | 2025 | 2025 |
Investment Range
$1.1M – $2.8M
$1.5M – $2.3M
Franchise Fee
$60K
$55K
Royalty Rate
8.0%
4.5%
Average Revenue (Item 19)
N/A
$2.8M
SBA Charge-Off Rate
N/A
0.0% (29 loans)
Total Units
25
162
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2021
2002
FDD Year
2025
2025