GREAT HARVEST BREAD CO.

Data Based On: Gross sales data is based on 49 franchised Great Harvest Bakery Cafe outlets that operated for the full calendar year 2024. Income and expense data (used for profit calculations) is based on 33 franchised Great Harvest Bakery Cafe outlets (19 single site, 7 hub and spoke sets/14 total outlets) that submitted income statements for calendar year 2023.

* 1. average_gross_revenue (2024): Calculated as a weighted average for 49 franchised outlets. This consists of 35 Single Site outlets with average gross sales of $948,105, and 7 Hub and Spoke "sets" (14 individual outlets) with average gross sales per set of $1,761,286. Calculation: (35 * $948,105 + 7 * $1,761,286) / (35 + 14) = $928,830.14. 2. average_net_profit (2023): This represents the average operating profit per outlet, calculated as Gross Sales minus Variable Costs and Fixed Costs, for 33 franchised outlets in 2023. This sample includes 19 Single Site outlets and 7 Hub and Spoke "sets" (14 individual outlets). - Total system revenue (2023): (19 * $1,184,488) + (7 * $1,764,680) = $34,858,032. - Total system variable costs (2023): (19 * $822,645) + (7 * $1,191,926) = $23,973,737. - Total system fixed costs (2023): (19 * $133,532) + (7 * $249,808) = $4,285,764. - Total outlets (2023): 19 + 14 = 33. - Average Net Profit (Operating Profit) per outlet: ($34,858,032 - $23,973,737 - $4,285,764) / 33 = $199,955.48. 3. best_guess_profit_low and best_guess_profit_high (2023): Estimated profit range based on the overall average gross sales of 2023 ($1,056,304) and the range of operating profit percentages observed in the 2023 data. - Lowest estimated operating profit percentage: 17.01% (derived from Single Site median figures: 100% - 70.02% variable - 12.97% fixed). - Highest estimated operating profit percentage: 19.51% (derived from Hub and Spoke median figures: 100% - 65.92% variable - 14.57% fixed). - best_guess_profit_low = $1,056,304 * 0.1701 = $179,677.31. - best_guess_profit_high = $1,056,304 * 0.1951 = $206,084.91. Note: Different sample sizes are used for gross revenue (2024 data with 49 outlets) and profit/expense figures (2023 data with 33 outlets) due to data availability for different calendar years as explicitly stated in the source document.