COLLEGE HUNKS MOVING

Data Based On: 155 franchised and affiliate-owned outlets in 2024 that responded to a survey or are part of bookkeeping program and were in operation for at least 12 full months

* Average gross revenue calculated as a weighted average of the average gross sales for 74 Single-Territory, 47 2-Territory, and 31 3+ Territory Franchised Stores: (74*$849,494 + 47*$1,448,279 + 31*$2,916,251) / 152 = $1,456,154.28. Median gross revenue obtained directly from 'All Franchised Locations' table on Page 7. Revenue top/bottom quartiles taken from '2024 Top 25% Franchisees' and '2024 Bottom 25% Franchisees' averages on Page 2. Average gross profit calculated as a weighted average of (average gross revenue * average gross profit %) for each of the 3 territory segments, due to inconsistencies in the direct 'Total Gross Profit' dollar figures: (74*($849,494*0.51) + 47*($1,448,279*0.52) + 31*($2,916,251*0.51)) / 152 = $747,116.91. Average EBITDA calculated as a weighted average of the average EBITDA for the 3 territory segments: (74*$263,439 + 47*$125,334 + 31*$308,878) / 152 = $230,002.64. EBITDA margin percentage derived from average EBITDA / average gross revenue: $230,002.64 / $1,456,154.28 = 0.15795. Best guess profit low/high uses the lowest 'Lowest' EBITDA and highest 'Highest' EBITDA reported across all franchised segments on Page 4.