IKE'S, THE FRANCHISE, INC.

Data Based On: 6 franchise operated Restaurants for 2023 Financial Representations

* Financial performance data for 'Franchise Operated Restaurants' in 2023 was extracted from input_file_1.png. The overall average gross revenue was explicitly stated as $705,533.76. This was verified by calculating a weighted average from the segmented data ('The Lowest 10%, Middle 80% and Highest 10%') assuming a distribution of 1 unit for the highest 10% segment, 4 units for the middle 80% segment, and 1 unit for the lowest 10% segment, based on the total sample size of 6 franchised units. The weighted average calculation performed was: (1 unit × $1,399,999 + 4 units × $652,187.06 + 1 unit × $224,455.34) / 6 total units = $705,533.76. The revenue top quartile is taken as the Average Gross Sales for the 'Highest 10% of Restaurants' segment. The revenue bottom quartile is taken as the Average Gross Sales for the 'Lowest 10% of Restaurants' segment. The document explicitly states that the financial representations 'do not reflect the cost of sales, operating expenses, or other costs or expenses, royalty fees or advertising fees that must be deducted from the gross revenue or gross sales figures to obtain your net income or profit.' Therefore, no data for net income, net profit, EBITDA, EBITDA margin, or estimated profit ranges could be extracted or inferred.