FranchiseVerdict
Mountain Man Nut & Fruit Co. logo
FV-01695·CAUTIONStandard76FDD 2022

Mountain Man Nut & Fruit Co.

Food & Beverage - Full ServiceFranchising since 1984Website
Investment
$15K – $16K
1st pct Full Service
Avg revenue
57th pct Full Service
Royalty
0.0%
0th pct Full Service
Units
74
78th pct Full Service
SBA default

Bottom line

  • Total investment $15K – $16K including a $8K franchise fee, 0.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 76/100.
  • System contracting at -34.5% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Mountain Man Nut & Fruit Co.
Incorporated in
Colorado
HQ
10338 S. Progress Way, Parker, Colorado 80134
Auditor
Haynie & Company
Audited financials
Franchisor revenue
$14.4M
vs $13.9M prior year

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 Mountain Man Nut & Fruit Co. unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $15K–$16K
Working capital
$
FDD reports $6K–$6K

Unlevered ROIC · per unit

690%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$150K
EBITDA margin
20.0%
Total invested
$22K
Payback
2 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Mountain Man Nut & Fruit Co. franchisees typically operate small-format retail or kiosk-based businesses selling nuts, dried fruits, and related products. Day-to-day operations involve inventory management, point-of-sale transactions, customer service, and restocking products supplied by the franchisor.

CEO
David D. Conner
Founded
1978
FDD year
2022
States available
15

Item 7 · what it costs

The Vitals

Total investment
$15K – $16K
All-in to open one unit
Liquid capital
$6K – $6K
Cash you must have on hand
Franchise fee
$8K
Royalty
0.0%
none · typical 6–8%
Ad fund
n/d

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

Total units
74
Opened
2
Last reporting year
Closed
15
Turnover rate
20.3%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-17.8%
Net unit change last year
3-yr CAGR
-34.5%
Compounded over last 3 years
2020
74-16
Franchised units
2021
90
Franchised units
2022
113
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 16 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 16 states
Not registered

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.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

76
Risk · 0-100
CAUTION76 / 100

Contracting franchise system with undisclosed financials, questionable going concern status, and a fee-heavy model that heavily incentivizes franchisor product sales over franchisee profitability.

Score breakdown · what drove the 76 / 100 rating

  1. 01MEDUnit count declined 17.8% YoY (74 units) — indicates system contraction and potential franchisee struggles
  2. 02MINORNo average revenue or net income disclosure (Item 19) — impossible to validate ROI claims or profitability
  3. 03HIGH'Going Concern' status is False — suggests franchisor may have financial viability concerns or accounting irregularities
  4. 04MINORLow initial investment ($15,360–$16,100) relative to $7,500 franchise fee (48.8% of total) — unusually high fee burden for low-cost model
  5. 05MINOR3-year term is short — suggests high turnover risk or franchisor unwilling to commit long-term
  6. 06MED0% royalty model creates revenue dependency on product markups — potential conflict of interest and undisclosed profitability pressure

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Territorial Unit
Protected territory
Yes
Initial term
3 years
Renewal term
3 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Not allowed
Litigation count
0
Right of first refusal
No
Franchisor can buy back on resale
Mandatory arbitration
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Colorado

Item 11

Training & Operations

Classroom training
0 hrs
On-the-job training
24 hrs
POS system
Square, Shopify
Operating tech stack

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

85 numbers

Locked
(970) 568-••••
CO
(303) 758-••••
CO
(231) 599-••••
MI

One-time purchase · CSV download · Validation questions included

FDD download

Mountain Man Nut & Fruit Co. · FDD (2022) PDF

Single-page checkout · instant download · CSV export of contacts available separately above