Mountain Man Nut & Fruit Co. Franchise Cost, Revenue & Review 2026
- Investment
- $15K – $16K
- Disclosed sales
- not disclosed
- SBA charge-off
- Not SBA-matched
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Mountain Man Nut & Fruit Co. is a snack-retail franchise selling bulk nuts, dried fruit, trail mixes, and candy. Franchisees run kiosks and small stores managing inventory, merchandising, and counter service.
FranchiseVerdict summary · 2026
A Mountain Man Nut & Fruit Co. franchise requires a total initial investment of $15K – $16K, including a $8K franchise fee. This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. FranchiseVerdict grade: D (Below average), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: 2022 filing · Data extracted: · Last cited check: · Staleness risk: high - figures are from a filing two or more years old
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✗ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored4 of 5 headline figures on this page cite a page of the filing; the rest are marked “Not cited” beside the figure.
Overview
- Investment
- $15K – $16K
- 0th pct Service Resta…
- Avg gross sales
- N/A
- Royalty
- 0.0%
- 0th pct Service Resta…
- Units
- 74
- 29th pct Service Resta…
- SBA charge-off
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Full-Service Restaurants median · 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 $15K – $16K including a $8K franchise fee, 0.0% ongoing royalty.
- RETURNSThis franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
- RISKVerdict D (Below average), verdict score 36/100 (higher is better).
- GROWTHNegative: net -16 franchised outlets in the latest year (7 opened, 52 closed) (Item 20).
- DECLINESystem 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
Corporate structure & franchisor financials
- Legal entity
- Mountain Man Nut & Fruit Co.
- Predecessor
- Mountain Man Nut & Fruit Co. (sole proprietorship, 1977-1978)
- Prior franchisor entity
- CEO title
- President
- David D. Conner
- Incorporated in
- CO
- HQ
- 10338 S. Progress Way, Parker, Colorado 80134
- Auditor
- Haynie & Company
- Audited financials
- Franchisor revenue
- $12.4M
- vs $13.9M prior year
Overview
About
- CEO
- David D. Conner
- Headquarters
- CO
- Founded
- 1978
- FDD year
- 2022
- States available
- 18
Can you afford it, and what does the money buy?
Entry cost runs 98% below the typical full-service restaurants franchise.
Source: FDD 2022 · Items 5–7
FDD Item 7 · 2022 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $8K | $8K |
| Working capital (3–6 mo) | $6K | $6K |
| Equipment, build-out, other | $2K | $3K |
| Total initial investment | $15K | $16K |
Source: Mountain Man Nut & Fruit Co. 2022 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
- $15K – $16K
- Top 40% of category vs category
- Liquid capital req'd
- $6K – $6K
- Top 40% of category vs category
- Franchise fee
- $8K – $8K
- Top 40% of category vs category
- Royalty
- 0.0%
- typical 6–8%
- Ad fund
- 0.0%
- typical 3–5%
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 0.0% of gross sales |
| Marketing / ad fund | 0.0% |
| Transfer fee | $1K |
| Renewal fee | $100 |
| Inventory (initial) | $500 – $1K |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Mountain Man Nut & Fruit Co. makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one Mountain Man Nut & Fruit Co. unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
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: 2022 FDD
Financial Performance
No financial performance representation
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
0.0% royalty + 0.0% ad fund — lower than the category average.
Disclosure
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Operator retention
System contracting at -34.5% CAGR over 3 years. Investigate whether closures are franchisor-driven consolidation or franchisee exits.
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 Full-Service Restaurants medians
How Mountain Man Nut & Fruit Co. Compares
Category median of published Full-Service Restaurants brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2022 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 74
- Opened
- 7
- Last reporting year
- Closed
- 52
- Turnover rate
- 20.3%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- -34.5%
- Net unit change over 3 years
- 3-yr CAGR
- -34.5%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Transferred
- 11
- Signed, not yet open
- 0
- 0.00 per open outlet · Item 20 Table 5
- Projected new
- 10
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 14 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Where the owners are · Item 20 owner list
59 current owners across 14 states.
- CO 19
- OR 13
- NE 6
- CA 5
- KS 3
- AZ 2
- ID 2
- OK 2
- TX 2
- MI 1
- NM 1
- NV 1
- +2 more states
Counts only, from the list the franchisor prints in Item 20; 14 entries carry no state. Names and phone numbers are for your own due diligence and are not shown here.
A system losing more than 10% of its units year-over-year is a red flag. Check whether closures are concentrated in specific regions.
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
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Haynie & Company
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Net sales for fiscal year ended December 31, 2021 ($12,401,163), down from $13,882,283 in 2020. Royalty income $63,351 and franchise and distribution fee income $9,659 are reported separately under other income.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 36 / 100 verdict
- 01MEDUnit count declined 17.8% YoY (74 units) — indicates system contraction and potential franchisee struggles
- 02MINORNo average revenue or net income disclosure (Item 19) — impossible to validate ROI claims or profitability
- 03MINORLow initial investment ($15,360–$16,100) relative to $7,500 franchise fee (48.8% of total) — unusually high fee burden for low-cost model
- 04MINOR3-year term is short — suggests high turnover risk or franchisor unwilling to commit long-term
- 05MED0% 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
What are you signing up for?
Source: FDD 2022 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 3 years |
|---|---|
| Renewal term | 3 years |
| Territory type | Protected territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 70,000 |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Not allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | No |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Colorado |
| Jury trial waiver | No |
| Governing law | CO |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 0 hrs
- On-the-job training
- 16 hrs
- Training location
- Franchisee's contracted area
- Ongoing training
- Required
- Franchisor financing
- Not offered
- Item 10
- POS system
- Square, Shopify
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Square, Shopify
Item 20 · call current owners
Franchisee Contacts
73 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Mountain Man Nut & Fruit Co. franchise?
The total investment to open a Mountain Man Nut & Fruit Co. franchise ranges from $15K – $16K, with an initial franchise fee of $8K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Mountain Man Nut & Fruit Co. franchise owners earn?
Mountain Man Nut & Fruit Co. makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns Mountain Man Nut & Fruit Co.?
Mountain Man Nut & Fruit Co. is franchised by Mountain Man Nut & Fruit Co.. Source: FDD Item 1, 2022 filing.
What is Item 19 in the Mountain Man Nut & Fruit Co. 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 Mountain Man Nut & Fruit Co. FDD and qualifies whose outlets they describe.
What is Mountain Man Nut & Fruit Co.'s franchise failure rate?
SBA 7(a) loan charge-off data is not available for Mountain Man Nut & Fruit Co. (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 Mountain Man Nut & Fruit Co. franchise locations are there?
As of their most recent FDD filing, Mountain Man Nut & Fruit Co. has 74 total units in the United States, including 74 franchised units and 0 company-owned units. 7 new units were opened in the latest reporting year.
Is Mountain Man Nut & Fruit Co. a good franchise to buy?
FranchiseVerdict rates Mountain Man Nut & Fruit Co. as a D-grade franchise with a verdict score of 36 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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.