Bottom line
- Total investment $1.7M – $2.5M including a $45K franchise fee, 4.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 65/100. SBA loan default rate of 0.0% across 9 loans (below the industry average).
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Green Mill unit return on the cash you put in?
Unlevered ROIC · per unit
6%
Below typical band (30–60%)
Overview
About
Green Mill franchisees operate casual dining establishments (likely bowling alleys with food/beverage service based on brand heritage). Day-to-day operations include managing food preparation, customer service, facility maintenance, lane operations, and managing staff across multiple revenue streams (food, beverages, and recreational activities).
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 4 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Green Mill presents elevated risk due to declining unit growth, opaque financials, substantial capital requirements, and apparent franchisor going concern issues.
Score breakdown · what drove the 65 / 100 rating
- 01MEDUnit count declined 5.9% YoY (16 units) — indicates shrinking franchise system with potential viability concerns
- 02MINORNo Item 19 financial disclosure (Avg Revenue/Net Income not provided) — impossible to validate ROI claims or unit economics
- 03MEDHigh initial investment ($1.67M–$2.49M) paired with undisclosed profitability — extreme financial risk for franchisees
- 04HIGHGoing Concern status is FALSE — suggests franchisor financial instability or operational challenges requiring investigation
- 05MINORSmall unit count (16 locations) limits support infrastructure, brand recognition, and supply chain leverage
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
5 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Green Mill · FDD (2024) PDF