Black Rock Bar & Grill

What is the status of the 1 pending litigation case, and what are the specific claims and parties involved?

The franchisor initiated 1 case against another party in the past 3 years—can you provide details on the nature of this dispute and its outcome or current status?

Why has the system contracted from 16 units to 12 units in the past 3 years? Can you explain the specific circumstances of each of the 8 exits (closures, transfers, or other)?

Given the 20% turnover rate in the past year, what are franchisees reporting about profitability, operational challenges, or market conditions affecting their decisions to exit?

Despite strong unit-level sales (median $3.1M), why are franchisees transferring or closing their units at above-average rates?

The transfer fee of $25,000 is above typical levels—how does this compare to renewal fees, and what conditions must be met for a transfer to be approved?

Why does the franchise require a 6-category approved supplier policy for food, beverages, and equipment, and what percentage of operating costs do franchisees typically spend with approved suppliers?

Can you explain the 6 renewal conditions required after the initial 20-year term, and what percentage of franchisees historically renew versus exit?

The non-compete restriction extends 25 miles for 2 years—how strictly does the franchisor enforce this, and are there any documented cases of enforcement action?

What specific support and operational controls does the franchisor provide to help franchisees improve or maintain unit profitability given the recent exit trends?

The franchise requires personal guarantees from all principals and their spouses—can you clarify what specific liabilities this covers and any historical examples of enforcement?

What is the average unit closure costs or losses franchisees have experienced, and does the franchisor provide exit planning or transition support?

How many of the 5 recent exits were due to economic conditions, franchisor-initiated changes, or franchisee choice, and what patterns do you see?

Given the 20-year initial term, what recourse do franchisees have if the franchisor significantly changes operational requirements or support after 5-10 years?

What is the current financial performance breakdown for the 12 remaining units—are some units significantly outperforming others, and what factors drive those differences?

The cure period for payment defaults is 5 days—has the franchisor terminated any franchisees for this reason, and what percentage of franchisees have received cure notices?

Can you provide the actual names, locations, and contact information for the most recent franchisees who exited so I can discuss their experiences directly?

What happens to a franchisee's exclusive territory if they transfer their unit or if the franchisor declines to renew after 20 years?