Black Bear Diner Announces First Step in Eastward Expansion

Rapidly expanding family dining concept secures first lease agreements in Texas and Oklahoma

May 25, 2017 // Franchising.com // REDDING, Calif. - Black Bear Diner, an award-winning family dining concept headquartered in Redding, California, announced today that it has signed lease agreements for new restaurants in Katy, Texas and Midwest City, Oklahoma. The new lease agreements in Oklahoma and Texas mark the first step towards eastward expansion for the rapidly expanding chain.

“This is an important marker for the growth and expansion of our brand as we transition from a regional chain to a national one,” said Bruce Dean, chief executive officer of Black Bear Diner. “We are excited to introduce Texas and Oklahoma to our comfort food classics, personal service and homey atmosphere, and use our success in these markets as a springboard for additional growth in these markets and beyond.”

Black Bear Diner, recognized as the third fastest growing full-service restaurant chain in the 2017 Technomic Top 500 Report, recently secured an investment from PWP Growth Equity, a private equity fund affiliated with Perella Weinberg Partners that invests in leading, growth-oriented lower middle market companies. The partnership with PWP Growth Equity has positioned Black Bear Diner for sustained growth and continued expansion eastward.

Black Bear Diner’s growth is being fueled by a mix of new and existing franchisees in existing markets, as well as corporate stores in newer markets. Black Bear Diner saw a 16.2 increase in units from 2015 to 2016. This year, Black Bear Diner is on track to open up 24 new units, including their 100th restaurant in the third quarter.

About Black Bear Diner

Founded in Mt. Shasta, California in 1995, Black Bear Diner was born from a desire to bring home-style comfort food classics and personal service back to the dining experience. The family dining concept offers a vast menu anchored on hearty portions and excellent value. The franchise has grown to 95 locations in eight western states and is consistently recognized as one of the fastest growing concepts by industry observers. For more information, please visit www.BlackBearDiner.com.

Media Contact:

Jairo Moncada
916.783.6161
Jairo@BouchardCommunications.com

SOURCE Black Bear Diner

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

TEFL
If you are looking to start your own online business that is rewarding and helps others, then invest in iTEFL, a quality education and tutoring...
la Madeleine
Things don't get much better than breakfast at la Madeleine--unless, of course, it's lunch or dinner.
SiempreTax
SiempreTax+ is a low-investment tax franchise opportunity. SiempreTax+ specializes in tax return preparation for individuals and small businesses in...
Huddle House
Everyone knows a House is a good investment! Huddle House is a full service restaurant, serving delicious meals, cooked to order...
Homewatch CareGivers
Homewatch CareGivers gives entrepreneurs a proven path to financial success as well as the opportunity to make a positive change in the world. We are...
Share This Page

Subscribe to Franchising Express

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2018.
All Rights Reserved.