A&W All American Food<br> <br> * * *<br> <br>A&W<br> <br> * * *<br> <br>A&W Restaurants

Data Based On: 59 franchised Freestanding Restaurants that were open and operating for the entire 12 months of 2025 (Table I) for revenue data. A subset of 17 of these restaurants provided profit and loss information (Table III).

* Average, median, top, and bottom quartile gross revenue (Net Sales) are from Table I for 59 Reporting Freestanding Restaurants. Average gross profit is from Table III for 17 Reporting Freestanding Restaurants. Average EBITDAR and EBITDAR margin are from Table III for 17 Reporting Freestanding Restaurants. Note that the average Net Sales for the 17 restaurants in Table III ($1,486,382) differs from the average Net Sales for the 59 restaurants in Table I ($1,297,747). The FDD also presents Net Sales data for 52 Reporting C&G Restaurants in Table II, but this data was not used for the primary revenue metrics as the P&L information (Table III) is specific to Freestanding Restaurants. Average net income and average net profit are not explicitly provided. Best guess profit range is null because while EBITDAR is given, the document explicitly states that the P&L does not include rent, convention travel, officer salaries, benefits, automobile expenses, or other uncommon expenses, and no quantitative estimates or ranges for these excluded costs are provided to create a reliable profit range.