KILWINS

Data Based On: The results represent 128 franchised Kilwins Stores, in operation during the entire period of January 1, 2024 through December 31, 2024, that reported Gross Sales. Excluded from these results were 11 seasonally operated stores, 3 stores without full cooking capacity, 15 franchised stores not open for the entire 12-month period (even seasonally), and 12 stores excluded due to closures from significant hurricane impact.

* The document provides 'Cost of Sales (2023)' as an average of 30% of Gross Sales and 'Non-Owner Payroll (2023)' as an average of 23% of Gross Sales, based on 106 franchised stores. However, Section 6 on page 4 explicitly states that franchisees will incur numerous other significant expenses not included in these percentages, such as royalty fees, local advertising expenditures, contributions to Marketing and Regional Funds, rent, occupancy costs, employee benefits, debt service, insurance, and various other operational and administrative costs. Due to the absence of comprehensive expense data, it is not possible to reliably calculate a best guess for net profit or net income range with the given information without making unsupported assumptions about these additional, significant costs.