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Combine brown sugar, peanut butter, honey and butter in a medium saucepan over medium-low heat, stirring frequently.
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Bring sugar mixture just to a boil and then continue cooking for an additional 2-3 minutes stirring constantly, or until sugar dissolves.
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Stir in oats and crispy rice cereal until evenly coated.
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Let mixture cool for 5 minutes.
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(Optional) Meanwhile, pick out a handful of M&Ms from the trail mix and set aside.
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Place parchment paper in an 8×8 inch baking dish. Make sure the paper hangs over on either side so you can pull out the granola bars and cut them up with ease.
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Once mixture has cooled slightly, fold in trail mix and press into the prepared dish.
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Sprinkle M&Ms and chocolate chips over the top of the bars and use the bottom of a bowl or cup to press them into the bars. You don’t want them to fall out when cutting!
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Place dish into refrigerator and let bars set up for 1-2 hours.
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Cut into bars and serve!
Recipe adapted from Rachael Ray
Calories: 205kcal | Carbohydrates: 28g | Protein: 4g | Fat: 9g | Saturated Fat: 4g | Cholesterol: 10mg | Sodium: 97mg | Potassium: 125mg | Fiber: 2g | Sugar: 14g | Vitamin A: 118IU | Calcium: 19mg | Iron: 1mg