GREAT AMERICAN COOKIES

Data Based On: Selected historical and unaudited financial and operating data for 256 Great American Cookies only and Great American Cookies restaurants that are co-branded with Marble Slab Creamery or Pretzelmaker U.S. franchised Restaurants for January 1, 2024 to December 31, 2024, that were in operation for 12 full months.

* Average gross revenue and median gross revenue are directly from 'Table 1 - Net Sales' for 'Total' units (256 units). Revenue top quartile and revenue bottom quartile are weighted averages calculated using the unit counts and midpoints of the revenue ranges from 'Table 2 - Range of Net Sales'. For the bottom quartile (64 units), 30 units from 'Under $249,999' (estimated midpoint $158,957) and 34 units from '$250,000 to $399,999' (estimated midpoint $325,227) were used: (30 * $158,957 + 34 * $325,227) / 64 = $247,288. For the top quartile (64 units), 29 units from 'Over $850,000' (estimated midpoint $1,103,463.5) and 35 units from '$700,000 to $849,999' (estimated midpoint $775,027.5) were used: (29 * $1,103,463.5 + 35 * $775,027.5) / 64 = $923,850. Other profit metrics (gross profit, net income, net profit, EBITDA, and best guess profit range) are set to null because the document explicitly states on page 8 that it 'omits all operating costs and expenses related to operation of a restaurant except food, paper and restaurant level labor', preventing a comprehensive profit calculation.