PAUSE

Data Based On: Data based on five affiliate-owned locations operating for the full calendar year 2024.

* Average Gross Revenue for 2024 was calculated from Table 1a by summing the total annual gross revenue of the five Affiliate-Owned Locations and dividing by 5. Median Gross Revenue was the middle value of the five locations' 2024 annual gross revenues. Best Guess Profit Low and High were estimated using the 'Average Gross Revenue' and the weighted average of the 'High' and 'Low' total expense percentages from Table 2, respectively. For 'High' expense (resulting in 'Low' profit), the sum of 'High' expense margins for 2 locations (36+ months) was 81.89%, and for 3 locations (less than 36 months) was 108.84%. The weighted average total 'High' expense percentage was (0.8189 * 2 + 1.0884 * 3) / 5 = 98.06%. For 'Low' expense (resulting in 'High' profit), the sum of 'Low' expense margins for 2 locations (36+ months) was 70.99%, and for 3 locations (less than 36 months) was 82.88%. The weighted average total 'Low' expense percentage was (0.7099 * 2 + 0.8288 * 3) / 5 = 78.12%. Profit = Average Gross Revenue * (1 - Total Expense Percentage).