FIREHOUSE SUBS RESTAURANTS (UNIT)

Data Based On: Revenue data for 1,137 franchised restaurants continuously operated for the full 2025 fiscal year. EBITDA and other P&L data for 704 of these restaurants that submitted profit and loss statements.

* Average gross revenue is a weighted average of three categories of franchised restaurants continuously operated for the full 2025 fiscal year: Counter Service (1,033 units, $973,809 AUV), Free Standing w/Drive Thru (35 units, $1,054,318 AUV), and End-Cap Strip Center w/Drive Thru (69 units, $1,123,608 AUV), totaling 1,137 units. Median gross revenue, revenue top quartile, and revenue bottom quartile are taken from the largest category, Counter Service Franchised Restaurants (1,033 units), as explicit overall median/quartiles across all categories were not provided. Average gross profit is calculated as the average annual sales ($1,035,521) for 704 restaurants minus the average cost of goods sold (30.5% of sales) from the 'Average EBITDA by Annual Sales Level' table. Average net profit is taken as the average EBITDA ($103,119) for 704 restaurants, as EBITDA is explicitly defined as sales minus all operating costs (Cost of Goods Sold, Labor Costs, Occupancy Costs, and Other Costs) in Note 8 of Item 19. Best guess profit range is set to the average EBITDA ($103,119) as specific ranges for expenses or profit margins were not provided beyond the stated average percentages.