Is Wings and Rings or Black Bear Diner cheaper to open?

Wings and Rings costs $1,503,100–$2,015,500 and Black Bear Diner costs $1,495,700–$2,238,600 to open (FDD Item 7). Black Bear Diner has the lower entry cost.

Which earns more, Wings and Rings or Black Bear Diner?

Wings and Rings reports $2,730,057 average annual unit revenue vs $2,820,694 for Black Bear Diner (FDD Item 19). Black Bear Diner is higher. For Wings and Rings: Reported for a subset of outlets rather than the whole system; Reported as net sales, not gross sales.

Which is the better franchise, Wings and Rings or Black Bear Diner?

FranchiseVerdict grades Wings and Rings C and Black Bear Diner A, from FDD Items 5–7, 19–21 and SBA loan performance. See the full side-by-side above.

Wings and Rings vs Black Bear Diner

Franchise Comparison 2026

Both Wings and Rings and Black Bear Diner are full-service restaurants franchises. Wings and Rings requires an investment of $1.5M – $2.0M while Black Bear Diner requires $1.5M – $2.2M. In terms of revenue, Black Bear Diner reports higher average unit revenue at $2.8M. Wings and Rings has SBA lending data on file with a 37.0% charge-off rate. FranchiseVerdict rates Wings and Rings C (Average) and Black Bear Diner A (Strongest tier).

Metric	Wings and Rings	Black Bear Diner
Verdict Grade	CAverage	AStrongest tier
Investment Range	$1.5M – $2.0M	$1.5M – $2.2M
Franchise Fee	$40K	$55K
Royalty Rate	Up to 5% of Net Sales	4.5%
Average Revenue (Item 19)	$2.7MOutlet subset	$2.8M
SBA Charge-Off Rate	37.0% (62 loans)	Limited data
Total Units	58	169
Unit Growth (YoY)	-2 units	+5 units
Year Began Franchising	2005	2002
FDD Year	2025	2026