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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
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
Franchise Stats
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 to Other Casual Dining Franchises
| Franchise | Investment Range | Franchise 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 43 franchises | $1.6M - $3.6M | $44K | 4.6% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 43 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
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a GREEN MILL franchise?
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.
How many GREEN MILL franchise locations are there?
As of the 2024 FDD, GREEN MILL has 16 franchise locations.
Can you get an SBA loan for a GREEN MILL franchise?
Yes, SBA loans are available for GREEN MILL franchises. Historical data shows 5 SBA 7(a) loans have been approved for GREEN MILL franchisees, with an average loan amount of $143,660. The historical default rate is 0.0%.
Is GREEN MILL a good franchise to buy?
GREEN MILL shows several positive indicators: low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in GREEN MILL?
Talk to a franchise advisor to get personalized guidance and learn if GREEN MILL is the right fit for you.
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