DONATOS PIZZA

Data Based On: 110 Franchisee-Owned Covered Restaurants operating during the 2024 fiscal year were used for Net Sales data (Table 3, Page 4). A sample of 111 Franchisee-Owned Covered Restaurants from different sales tiers was used for EBITDA and cost percentages (Section II, Page 5).

* Average gross revenue, median gross revenue, revenue top quartile (High), and revenue bottom quartile (Low) are directly from 'Table 3: Net Sales of Franchisee Covered Restaurants' for 2024 Net Sales (Page 4). EBITDA percentages, Cost of Goods Sold percentages, Labor Costs percentages, and Controllable Costs percentages for different sales tiers were extracted from the 'Sales Ranges' table and its accompanying notes (Page 5). The unit counts for the EBITDA calculation tiers are: 29 units ($10,001 - $15,000), 40 units ($15,001 - $20,000), 24 units ($20,001 - $25,000), and 18 units ($25,000+), totaling 111 units. The average EBITDA margin percentage (0.08467567567567567) was calculated as a weighted average of the EBITDA percentages for each tier (-0.5%, 7.9%, 14.3%, 16.4%) based on their respective unit counts. Average EBITDA ($88,424.52) was calculated by multiplying the average gross revenue ($1,044,273) by the weighted average EBITDA margin percentage. The average Cost of Goods Sold percentage (0.3156666666666667) was calculated as a weighted average of the COGS percentages for each tier (32.5%, 31.5%, 30.9%, 31.1%) based on their respective unit counts. Average gross profit ($714,630.82) was calculated as average gross revenue ($1,044,273) * (1 - average_cogs_pct). Best guess profit low ($-5,221.365) and high ($171,260.772) were estimated by multiplying the average gross revenue ($1,044,273) by the lowest tier EBITDA percentage (-0.5%) and the highest tier EBITDA percentage (16.4%), respectively, to represent a range of potential EBITDA outcomes.