Famous Dave’s vs Green Mill
Franchise Comparison 2026
Both Famous Dave’s and Green Mill are full-service restaurants franchises. Famous Dave’s requires an investment of $1.3M – $2.9M while Green Mill requires $1.7M – $2.5M. Famous Dave’s discloses average revenue of $2.9M; Green Mill does not report Item 19 data. Green Mill has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates Famous Dave’s C (Average) and Green Mill B (Above average).
| Metric | Famous Dave’s | Green Mill |
|---|---|---|
| Verdict Grade | CAverageAverage | BAbove averageAbove average |
| Investment Range | $1.3M – $2.9M | $1.7M – $2.5M |
| Franchise Fee | $45K | $45K |
| Royalty Rate | 5.0% | 4.0% |
| Average Revenue (Item 19) | $2.9M | N/A |
| SBA Charge-Off Rate | Limited data | 0.0% (10 loans) |
| Total Units | 100 | 16 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1998 | 2010 |
| FDD Year | 2026 | 2024 |
Investment Range
$1.3M – $2.9M
$1.7M – $2.5M
Franchise Fee
$45K
$45K
Royalty Rate
5.0%
4.0%
Average Revenue (Item 19)
$2.9M
N/A
SBA Charge-Off Rate
Limited data
0.0% (10 loans)
Total Units
100
16
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1998
2010
FDD Year
2026
2024