Perkins vs Black Bear Diners Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Perkins vs Black Bear Diners including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Perkins Franchise
Black Bear Diners Franchise
Investment $1,557,975 - $2,742,975$1,133,800 - $2,114,200
Franchise Fee $40,000$55,000
Royalty Fee 4%4.5%
Advertising Fee -1%
Year Founded 19581995
Year Franchised 19582002
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $5000-$7500-


Business Experience Requirements

 
Perkins Franchise
Black Bear Diners Franchise
Experience --

Financing Options

 
Perkins Franchise
Black Bear Diners Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Perkins Franchise
Black Bear Diners Franchise
Training - On-The-Job Training: 240 hours Additional Training: At certified training restaurants
Support -Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Franchisee Intranet Platform
Marketing - Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations -Number of Employees Required to Run: 65

Expansion Plans

 
Perkins Franchise
Black Bear Diners Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About Perkins

In today’s market, the opportunity to buy a Perkins® restaurant franchise business couldn’t be better for experienced restaurateurs interested in aligning with a concept that has withstood the test of time. Now more than ever, restaurant customers are looking for value without sacrificing selection and taste. A top leader in the family restaurant dining segment since 1958, Perkins offers high quality, flavorful and affordable menu options for breakfast, lunch, and dinner and snack. With more than 440 units across the U.S. and Canada, the heritage of the Perkins brand and the ability to adapt to current consumer trends have placed it among the top performing companies in the family restaurant franchise segment.

It’s time to take a fresh look at Perkins Restaurants. Find out how you can own one of the best family restaurant franchises in the business, and deliver the Perkins experience to loyal diners, through single-unit operations and multi-unit ownership franchise opportunities. Perkins gives you the chance to bring comfort, value, and great taste to your community - not to mention solid growth potential to your own career in foodservice.

Perkins has a vision for the future, and wants you to be part of it: our goal is to continue to offer great food and memorable dining experiences to guests across the continent!

Join Perkins and leverage our name, our established systems, and our special recipes - all while pleasing your guests and charting your future in the industry.

The total investment necessary to begin operation of a Perkins Restaurant and Bakery franchise is $1,557,975 - $2,742,975. This includes the $50,000 initial fee paid to the franchisor (unless you are participating in the Refranchising Program). Under the Company Restaurant Refranchising Program, in which an existing company-owned restaurant is transferred to a franchisee, the initial franchise fee is negotiable and will vary in amount depending on, among other things, the length of the franchise term and the profitability of the restaurant (additional information about the Refranchising Program is provided in the Disclosure Document).
In addition, if you sign a Development Agreement for three or more restaurants, the initial franchise fee is $40,000 for the first restaurant, $35,000 for the second restaurant and $30,000 for the third and any subsequent restaurant(s).


About Black Bear Diners

Black Bear Diner is proud of the training and support we provide to our franchisees. Through this we have earned the honor of being one of Franchise Business Review’s “Top 50 Franchisors” for two years. We have an experienced support team to make sure you and your staff are fully supported and well trained.

"Entrepreneur
#469 in Franchise 500 for 2020.