Franopolis

    Green Mill Restaurants

    Franchise research report · reviewed 2025 disclosure data

    Reviewed sources

    Green Mill Restaurants franchise specializes in casual dining with a focus on pizza, pasta, and classic American fare served in a relaxed neighborhood atmospher

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    Headline figures

    Green Mill Restaurants quick facts

    Is Green Mill Restaurants a franchise?
    Yes. Green Mill Restaurants offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 14 franchised and 0 company-owned outlets (2025 FDD, Item 20, PDF p. 40).
    How much does it cost to open a Green Mill Restaurants franchise?
    The Green Mill Restaurants Franchise Disclosure Document reports an estimated initial investment of $1,681,800–$2,503,100 (2025 FDD, Item 7, PDF p. 15). This is the franchisor's disclosed estimate, not a quote. Details
    Does Green Mill Restaurants disclose financial performance (Item 19)?
    No. The reviewed Green Mill Restaurants FDD states that it does not make a financial performance representation in Item 19. Details
    How many Green Mill Restaurants locations are there?
    The FDD reports 14 outlets at the end of 2024 (2025 FDD, Item 20, PDF p. 40). Existing locations do not indicate territory availability. Details
    Is Green Mill Restaurants a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 makes no financial performance representation, so ask current owners about results; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $1,681,800 – $2,503,100 in the 2025 FDD (Item 7); several initial fee options apply.
    2. 2The franchisor makes no financial performance representation in Item 19.
    3. 3Outlets held steady in 2024, to 14 (United States, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Compare outlet trendsPut Item 20 counts side by side with up to 3 other brands.

    Green Mill Restaurants head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    Green Mill RestaurantsVSIHOP
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    Green Mill RestaurantsVSApplebee's Neighborhood Grill + Bar
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    Green Mill RestaurantsVSBrinker International Payrollmpany L P
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    Green Mill RestaurantsVSGolden Corral
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    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Total estimated initial investment

    2025 FDD · Item 7 · PDF p. 15

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    27 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    No financial performance representation in Item 19

    The reviewed 2025 FDD for Green Mill Restaurants has no Item 19 figures on record. Franopolis does not estimate revenue or earnings in their place; ask the franchisor and current owners what unit-level information they can share.

    Outlet Changes — Item 20

    How has the outlet count changed?

    United States, as labeled in the FDD · counts as of 2024 of each year.

    2025 FDD · Item 20 · PDF p. 40

    Net −3 outlets, 2022–2024

    0172022162023142024−1−2

    Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2024 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2025 Item 7 estimate ($1,681,800 – $2,503,100) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Green Mill Restaurants reports no financial performance figures in Item 19. What information can you share about unit-level results?

    • Reported units went from 14 to 14 in 2024. How many new units opened, closed or changed hands?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2025 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 15
    2. [2]Outlet counts — Item 20, Table 1 · PDF p. 40

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD

    Territory & operations

    15 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2024management fees$132,499
    2024ad council assets$346,515
    2024prepaid expense$21,225
    2024property and equipment office equipment and furniture$50,000
    2024other assets goodwill - net$1,785,000
    2024intangible assets, net$104,215
    2024right of use assets - operating$1,191,052
    2024cash value of life insurance$343,169
    2024total assets$4,609,852
    2024current portion of lease liability - operating$67,242
    2024accounts payable - tradeMore than one value recorded for this year — open the FDD source before comparing$4,618
    2024due to related partiesMore than one value recorded for this year — open the FDD source before comparing$124,921

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    Related research

    Brands in the same subcategory first, then the wider industry, ordered by shared business format, overlapping investment range, Item 20 outlet count and search interest. This is not a ranking or recommendation.

    IHOPApplebee's Neighborhood Grill + BarBrinker International Payrollmpany L PGolden CorralHuddle HouseBlack Bear Diner

    Head-to-head comparisons

    Green Mill Restaurants vs IHOPGreen Mill Restaurants vs Applebee's Neighborhood Grill + BarGreen Mill Restaurants vs Brinker International Payrollmpany L PGreen Mill Restaurants vs Golden CorralGreen Mill Restaurants vs Huddle HouseGreen Mill Restaurants vs Black Bear Diner
    Compare reviewed facts

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 20 · PDF p. 40 · 2025 FDD

      Our summary: Table 1 Franchised 2022 — Start

      “Franchised 2022 18 17 - 1 2023 17 16 - 1 2024 14 1 4 - 1 Company-Owned 202 2 0 0 0 202 3 0 0 0 202 4 0 0 0 2022 18 18 0 2023 17 16 -1 Total 2024 14 14 -1 ”

      Note: This is a state-specific or Franchised ownership row, not a national/systemwide Total row, which is the required scope for Item 20 checks.

    • Item 20 · PDF p. 40 · 2025 FDD

      Our summary: Table 1 Franchised 2023 — End

      “Franchised 2022 18 17 - 1 2023 17 16 - 1 2024 14 1 4 - 1 Company-Owned 202 2 0 0 0 202 3 0 0 0 202 4 0 0 0 2022 18 18 0 2023 17 16 -1 Total 2024 14 14 -1 ”

      Note: This is a Franchised ownership row, not the national/systemwide Total row required for Item 20 checks.

    • Item 20 · PDF p. 40 · 2025 FDD

      Our summary: Table 1 Franchised 2022 — End

      “Franchised 2022 18 17 - 1 2023 17 16 - 1 2024 14 1 4 - 1 Company-Owned 202 2 0 0 0 202 3 0 0 0 202 4 0 0 0 2022 18 18 0 2023 17 16 -1 Total 2024 14 14 -1 ”

      Note: This claim is a Franchised or state-specific Item 20 row; the review scope is national/systemwide Total rows only.

    • Item 20 · PDF p. 40 · 2025 FDD

      Our summary: Table 1 Franchised 2023 — Start

      “Franchised 2022 18 17 - 1 2023 17 16 - 1 2024 14 1 4 - 1 Company-Owned 202 2 0 0 0 202 3 0 0 0 202 4 0 0 0 2022 18 18 0 2023 17 16 -1 Total 2024 14 14 -1 ”

      Note: This is a Franchised ownership row, not the national/systemwide Total row required for Item 20 checks.

    • Item 20 · PDF p. 40 · 2025 FDD

      Our summary: Table 1 Franchised 2024 — Start

      “Franchised 2022 18 17 - 1 2023 17 16 - 1 2024 14 1 4 - 1 Company-Owned 202 2 0 0 0 202 3 0 0 0 202 4 0 0 0 2022 18 18 0 2023 17 16 -1 Total 2024 14 14 -1 ”

      Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.

    • Item 20 · PDF p. 40 · 2025 FDD

      Our summary: Table 1 Franchised 2024 — End

      “Franchised 2022 18 17 - 1 2023 17 16 - 1 2024 14 1 4 - 1 Company-Owned 202 2 0 0 0 202 3 0 0 0 202 4 0 0 0 2022 18 18 0 2023 17 16 -1 Total 2024 14 14 -1 ”

      Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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