KILWINS

Data Based On: The gross sales data is based on 128 franchised Kilwins Stores that were in operation during the entire period of January 1, 2024, through December 31, 2024, and reported Gross Sales. This excludes 11 stores that are seasonally operated and were not open for the entire 12-month period, 3 stores without full cooking capacity, 15 franchised stores not open even seasonally for the entire 12-month period, and 12 stores excluded due to closures from significant hurricane impact. No company-owned stores are included in this specific gross sales data.

* Average gross revenue and median gross revenue were extracted directly from the 'All States (128 stores)' row in the 'FINANCIAL PERFORMANCE REPRESENTATIONS' table on Page 1. The document provides percentages for Cost of Sales (average 30%) and Non-Owner Payroll (average 23%) for a subset of stores (106 stores in 2023) as a percentage of Gross Sales. However, Note 6 explicitly states these figures 'provide only a part of the information that you will need to evaluate the franchise opportunity' and lists many other significant expenses that franchisees will incur (e.g., rent, occupancy, employee benefits, debt service, insurance, legal and accounting fees). Due to the incomplete nature of the expense data and the explicit warning about other significant expenses, a reliable 'best guess profit' range cannot be calculated without making unsupported assumptions about total expenses. Furthermore, the expense percentages are from 2023 for 106 stores, while the gross revenue is from 2024 for 128 stores, making direct calculation inappropriate.