MENCHIE'S

Data Based On: 278 franchised Stores open and operating for the entire Measurement Period in traditional locations.

* Average gross revenue and median gross revenue are directly extracted from Table 1. Revenue quartile data could not be precisely determined from the provided revenue bins in Table 2. Cost of Goods Sold (25.12% of Net Sales) and Labor Cost (24.29% of Net Sales) percentages are provided, but the document explicitly states these do not reflect all expenses (e.g., royalty fees, marketing fees, other operating expenses) necessary to obtain net income or profit. Due to the incomplete expense information and the explicit warning in the document, a reliable best guess for profit range (net profit, net income, or EBITDA) cannot be made with the available data.