Green Mill
The total investment to open a Green Mill franchise ranges from $55,000 to $55,000. The initial franchise fee is $55,000. Ongoing royalties are 4% plus a 2% advertising fee.
What is the Green Mill franchise?
Green Mill is a hotel and motel franchise. The estimated total initial investment and initial franchise fee are each $55,000, according to the 2026 Franchise Disclosure Document.
The royalty is 4 percent of sales, and the advertising or brand fund fee is 2 percent. Required liquid capital is $50,000. The franchise agreement term is 20 years.
Green Mill was founded in 1995 and began franchising in 2010. Its headquarters are in MN.
Loan Activity Score
45/100
SBA Default Rate
0.0%
Active Lenders
3
According to its Franchise Disclosure Document or public business records, Green Mill has 13 locations, all owned by franchisees. Public SBA loan records show 3 lenders made 6 loans to franchisees of Green Mill. PeerSense calculates Green Mill's score as 45 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2026 Franchise Disclosure Document.
Franchising since 1995 · 13 locations
$55,000 to $55,000
$55,000
13
14 franchised
Proprietary PeerSense metric
FairDistinct lenders in public SBA records for Green Mill
6
Total SBA loans
$1.2M
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Green Mill
Loan Activity Score Breakdown
Emerging (3 to 9 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
0.0%
vs 10.3% peer avg
SBA Loans
6
Total Volume
$7.0M
Active Lenders
3
States
2
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Green Mill based on SBA lending data
SBA Default Rate
0.0%
10.3% below peer avg
SBA Loan Volume
6 loans
Across 3 lenders
Lender Diversity
3 lenders
Avg 2.0 loans per lender
Investment Tier
Low cost entry
$55,000 to $55,000 total
Green Mill: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2015
2 approvals. The best year on record for Green Mill.
Top SBA State
Minnesota
8 SBA financed Green Mill locations, the densest operator footprint.
Average Loan Size
$747K
Median $5.0M. Use as a sizing anchor when modeling your own Green Mill unit.
Lender Concentration
90%
Concentrated
Share of Green Mill approvals captured by the top 3 SBA lenders.
Green Mill's SBA lending pipeline peaked in 2015 (2 approvals). The last five fiscal years account for 17% of cumulative volume ($5.0M approved). Operator density is highest in Minnesota with 8 SBA financed locations. Average funded ticket sits at $747K, with the median at $5.0M. Lender mix is concentrated: the top three SBA lenders account for 90% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$569
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Green Mill, unit breakdown
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman