GREEN MILL
Green Mill Restaurants, LLC is a franchisor that offers franchise agreements for operating Green Mill branded restaurants, which are casual dining establishments. The business model involves granting licenses to franchisees to use the brand, systems, and operations for full-service restaurants, with locations primarily in Minnesota, Wisconsin, and Kansas. It targets franchisees interested in the restaurant industry serving local customers in the Midwest.
Franchise Costs
4% royalty + 1.5% ad fund + 0.5% local ad + $3,400/mo min technology (3.99% of CC sales) + $230/mo KDS + $281/mo software + $1,500/yr quality control + $1,200/yr academy
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How GREEN MILL Compares
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
GREEN MILL Current | $1.7M – $2.5M | $45K | 4.0% | 16 |
| IHOP & INTERNATIONAL HOUSE OF PANCAKES | $1.8M – $4.5M | $69K | N/A | 1,703 |
| BUFFALO WILD WINGS | $2.5M – $4.9M | $25K | 5.0% | 538 |
| GOLDEN CORRAL STEAKS, BUFFET & BAKERY | $2.1M – $8.5M | $50K | 4.0% | 352 |
| GOLDEN CORRAL | $2.2M – $8.7M | $50K | 4.0% | 348 |
| ORIGINAL PANCAKE HOUSE (THE) | $483K – $1.7M | $60K | 2.0% | 146 |
Casual Dining Average 44 franchises | $1.5M – $3.5M | $43K | 4.6% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 44 Casual Dining franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2023)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for GREEN MILL franchisees (2011 – 2017)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
17 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
17 Contacts Available
Unlock all GREEN MILL franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a GREEN MILL franchise ranges from $1,671,700 to $2,493,000. This includes a franchise fee of $45,000. Ongoing royalty fees are 4.0% of gross sales.
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