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
How GREEN MILL Compares
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
GREEN MILL Current | N/A | N/A | N/A | N/A |
| 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.
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.
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
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%.
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