BIO-ONE

Data Based On: 113 franchised outlets open for at least 12 months in 2024 for revenue data; 79 of these provided P&L reports for expense and EBITDA data.

* Average gross revenue was calculated as a weighted average of the average revenues for 4 quartiles based on their respective unit counts: (28 units × $762,596 + 28 units × $441,299 + 28 units × $248,139 + 29 units × $113,506) / 113 total units = $388,925.89. Revenue top quartile is the average revenue of Quartile 1 ($762,596). Revenue bottom quartile is the average revenue of Quartile 4 ($113,506). Median gross revenue was not explicitly provided as an overall system-wide median. Average EBITDA was calculated by multiplying the weighted average gross revenue ($388,925.89) by the average Adjusted EBITDA margin (18.69%) provided in the '2024 Average Expenses as Percentage of Average Revenue' table. The best guess profit range was estimated using the average and median Adjusted EBITDA margins from the '2024 Average Expenses as Percentage of Average Revenue' table. Best guess profit low uses the average EBITDA margin (18.69% × $388,925.89 = $72,690.25). Best guess profit high uses the median EBITDA margin (24.26% × $388,925.89 = $94,353.42). These are EBITDA-based estimates, not net profit or net income. Revenue data is based on 113 franchisees, while expense and EBITDA data are based on 79 franchisees who submitted P&L reports.