Mountain Man Nut & Fruit Co. Franchise Cost, Revenue & Review 2026
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 and an ongoing 0.0% royalty[2]. The 2022 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: D (Below average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2022 FDD issuance
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 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 $15K – $16K including a $8K franchise fee, 0.0% ongoing royalty.
- RETURNSNet 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.
- RISKVerdict D (Below average), verdict score 36/100 (higher is better).
- 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 99% 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%
- percentage · 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% of gross sales |
| Transfer fee | $1K |
| Renewal fee | $100 |
| Inventory (initial) | $500 – $1K |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Mountain Man Nut & Fruit Co. 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 Mountain Man Nut & Fruit Co. unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
621%
Above the 30–60% band. Verify revenue is per-unit average
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
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.
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
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
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 averages
How Mountain Man Nut & Fruit Co. Compares
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
3-year detail · Item 20
- Opened (3yr)
- 2
- Closed (3yr)
- 15
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 2
- Reacquired (3yr)
- 0
- Franchisor bought back
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.
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
Contracting franchise system with undisclosed financials, questionable going concern status, and a fee-heavy model that heavily incentivizes franchisor product sales over franchisee profitability.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Haynie & Company
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
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
- 03HIGH'Going Concern' status is False — suggests franchisor may have financial viability concerns or accounting irregularities
- 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
- 05MINOR3-year term is short — suggests high turnover risk or franchisor unwilling to commit long-term
- 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
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 |
| 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
FDD download
Mountain Man Nut & Fruit Co. · FDD (2022) PDF
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. 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 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), 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
Are you the franchisor?
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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.