Green Mill On The Go Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Green Mill On The Go is a quick-service franchise offering grab-and-go pizza, pasta, and sandwiches from the Green Mill brand. Franchisees run the locations, managing food prep, staffing, and counter service.
FranchiseVerdict summary · 2026
A Green Mill On The Go franchise requires a total initial investment of $147K – $575K, including a $15K franchise fee and an ongoing 4.0% royalty[2]. The 2024 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2024 FDD issuance
Overview
- Investment
- $147K – $575K
- 12th pct Service Resta…
- Avg gross sales
- N/A
- Royalty
- 4.0%
- 3rd pct Service Resta…
- Units
- 4
- 19th pct Service Resta…
- SBA charge-off
- N/A
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Quick-Service Restaurants avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $147K – $575K including a $15K franchise fee, 4.0% ongoing royalty.
- RETURNSFigures from audited financial statements of Green Mill On The Go, LLC (St. Paul, MN), the Franchisor entity Item 21 relies on, FY ended Dec 31, 2023 (with prior period ended Dec 31, 2022). Stated in whole US dollars (not in thousands). Single entity; no parent/guarantor statements presented. Revenue line is "Royalty and Franchise Fees": $19,685 (2023) and $15,044 (2022). 2023 net loss of $(29,816) reflects operating expenses of $49,501. Balance sheet reconciles: total assets $7,650 = liabilities (Due to Related Parties) $30,651 + member's equity (deficit) $(23,001). Auditor: CliftonLarsonAllen LLP, Owatonna, MN, report dated April 17, 2024.
- RISKVerdict C (Average), verdict score 44/100 (higher is better).
- DATANo 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
Corporate structure & franchisor financials
- Legal entity
- Green Mill On The Go, LLC
- Parent company
- Hightop Brands, LLC
- Predecessor
- Green Mill Restaurants, LLC
- Prior franchisor entity
- CEO title
- Director, Chairman of the Board, Member, President and Chief Executive Officer
- Paul Dzubnar
- Incorporated in
- MN
- HQ
- 1342 Grand Avenue, St. Paul, MN 55105
- Auditor
- CliftonLarsonAllen LLP
- Audited financials
- Franchisor revenue
- $20K
- vs $15K prior year
Overview
About
- CEO
- Paul Dzubnar
- Headquarters
- MN
- Founded
- 2022
- FDD year
- 2024
- States available
- 8
Can you afford it, and what does the money buy?
Entry cost runs 45% below the typical quick-service restaurants franchise.
Source: FDD 2024 · Items 5–7
FDD Item 7 · 2024 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $15K | $15K |
| Working capital (3–6 mo) | $5K | $35K |
| Equipment, build-out, other | $127K | $525K |
| Total initial investment | $147K | $575K |
Source: Green Mill On The Go 2024 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $147K – $575K
- Top 40% of category vs category
- Liquid capital req'd
- $5K – $35K
- Top 40% of category vs category
- Franchise fee
- $15K – $15K
- Top 40% of category vs category
- Royalty
- 4.0%
- percentage · typical 6–8%
- Ad fund
- 1.5%
- typical 3–5%
- Total fee load
- 9.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 4.0% of gross sales |
| Marketing / ad fund | 1.5% of gross sales |
| Technology fee | $3K |
| Transfer fee | $0 |
| Renewal fee | $0 |
| Inventory (initial) | $5K – $20K |
| Total fee load | 9.5% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Green Mill On The Go did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Green Mill On The Go unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
32%
Within the 30–60% "attractive franchise" band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2024 FDD
Financial Performance
Figures from audited financial statements of Green Mill On The Go, LLC (St. Paul, MN), the Franchisor entity Item 21 relies on, FY ended Dec 31, 2023 (with prior period ended Dec 31, 2022). Stated in whole US dollars (not in thousands). Single entity; no parent/guarantor statements presented. Revenue line is "Royalty and Franchise Fees": $19,685 (2023) and $15,044 (2022). 2023 net loss of $(29,816) reflects operating expenses of $49,501. Balance sheet reconciles: total assets $7,650 = liabilities (Due to Related Parties) $30,651 + member's equity (deficit) $(23,001). Auditor: CliftonLarsonAllen LLP, Owatonna, MN, report dated April 17, 2024.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 9.5% — above the Quick-Service Restaurants average of 7.9%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Operator retention
Net unit growth of +300.0% over 3 years (1 opened, 0 closed).
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Quick-Service Restaurants averages
How Green Mill On The Go Compares
Is the system healthy?
Source: FDD 2024 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 4
- Opened
- 1
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- Outlier (see FDD)
- Likely small-sample artifact
- 3-yr CAGR
- Outlier (see FDD)
- Likely small-sample artifact
3-year detail · Item 20
- Opened (3yr)
- 1
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 8 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
8
states with franchisees (per FDD Item 12)
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Early-stage micro-franchise with undisclosed financials, going concern questions, and insufficient unit base to validate business model viability.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · CliftonLarsonAllen LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
Score breakdown · what drove the 44 / 100 verdict
- 01MEDNo Item 19 financial performance data disclosed — impossible to validate ROI claims or benchmark unit economics
- 02HIGHGoing Concern status is FALSE, indicating potential corporate financial instability or sustainability questions
- 03MINOROnly 4 units operating with 33.3% YoY growth from extremely small base (3 units prior year) — statistically insignificant and difficult to project
- 04MINORWide investment range ($147K–$575K, 291% spread) suggests unclear unit economics or highly variable buildout costs
- 05MINOR4% royalty on 'Green Mill On The Go menu items only' creates ambiguity — franchisee may operate other revenue streams without clarity on total system profitability
- 06MINOREarly-stage franchise (4 units) lacks operational maturity and track record; high failure risk in startup phase
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 9.5% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2024 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 20 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Territory population | 15,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1 year |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 10 |
| Mandatory arbitration | No |
| Arbitration location | Minnesota (litigation venue) |
| Jury trial waiver | No |
| Governing law | State where restaurant is located |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 34 hrs
- On-the-job training
- 180 hrs
- Training location
- Minneapolis/St. Paul, Minnesota area
- Ongoing training
- Required
- Time to open
- 3 mo
- From signing to launch
- Site selection
- franchisee with franchisor approval
- Franchisor financing
- Not offered
- Item 10
- POS system
- Ingage I.T. Infinity Service
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Ingage I.T. Infinity Service
Item 20 · call current owners
Franchisee Contacts
2 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Green Mill On The Go · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Green Mill On The Go franchise?
The total investment to open a Green Mill On The Go franchise ranges from $147K – $575K, with an initial franchise fee of $15K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Green Mill On The Go franchise owners earn?
Green Mill On The Go does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Green Mill On The Go FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Green Mill On The Go FDD and qualifies whose outlets they describe.
What is Green Mill On The Go's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Green Mill On The Go (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Green Mill On The Go franchise locations are there?
As of their most recent FDD filing, Green Mill On The Go has 4 total units in the United States, including 4 franchised units and 0 company-owned units. 1 new units were opened in the latest reporting year.
Is Green Mill On The Go a good franchise to buy?
FranchiseVerdict rates Green Mill On The Go as a C-grade franchise with a verdict score of 44 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.