CROOKED PINT ALE HOUSE

Data Based On: 15 franchised outlets open for full year 2023

* Annual average gross revenue calculated by multiplying the stated monthly average sales for 2023 ($111,620) by 12. Annual median gross revenue calculated by multiplying the stated monthly median sales for 2023 ($171,887) by 12. Best guess profit range estimated using the average food (32.41%), beverage (26.29%), and direct labor (35.80%) costs for 2023, totaling 94.50% of gross revenue. This leaves 5.50% of gross revenue available to cover all other operating expenses (e.g., royalty fees, advertising, occupancy, debt service, insurance, professional fees, other operating costs as listed in Item 19) and profit. For the high guess profit, other expenses were optimistically estimated at 1% of revenue, leading to a 4.50% profit margin. For the low guess profit, other expenses were estimated at 5% of revenue, leading to a 0.50% profit margin.