CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S

Data Based On: 120 franchised restaurants open during all of 2024

* Average Gross Revenue, Median Gross Revenue, Revenue Top Quartile, and Revenue Bottom Quartile are directly extracted from the '2024 Results for All Franchised Restaurants Open During all of 2024' column on Page 3. The average EBITDA, EBITDA margin percentage, and best guess profit range for franchised units are estimated by applying the EBITDA margin derived from the 'Average of 10 Affiliate-Owned Restaurants' data (Page 6, using the 7% Royalty Fee rate as applicable to a single franchisee) to the franchised average gross revenue. The affiliate-owned average sales used for this calculation were $1,011,285 and the corresponding EBITDA was $143,864, resulting in an EBITDA margin of approximately 14.23%. This margin was then applied to the franchised average gross revenue of $835,358 to estimate the franchised average EBITDA. As no range for expenses or profit was explicitly provided for franchised units, the estimated EBITDA is used for both the low and high profit guesses.