PRETZELMAKER

Data Based On: 103 Pretzelmaker only and co-branded Great American Cookies U.S. franchised Restaurants open for the full year from January 1, 2024 to December 31, 2024.

* Average gross revenue and median gross revenue were directly extracted from 'Table 1 - Net Sales' for 'Total' All Pretzelmaker Restaurants on Page 2. Revenue top quartile was estimated by taking the average of the minimum and maximum values for the 'Over $850,000' range (highest reported segment) in 'Table 2 - Range of Net Sales' on Page 2. Revenue bottom quartile was estimated by taking the average of the minimum and maximum values for the 'Under $249,999' range (lowest reported segment) in 'Table 2 - Range of Net Sales' on Page 2. A discrepancy was noted: 'Table 1 - Net Sales' reports 103 total units, while the sum of units in 'Table 2 - Range of Net Sales' is 102. Profit-related fields (average_net_income, average_net_profit, average_ebitda, ebitda_margin_pct, best_guess_profit_low, best_guess_profit_high) are set to null because the document explicitly states on Page 5 that it 'omits all operating costs and expenses related to operation of a restaurant except food, paper and store level labor,' making it impossible to accurately determine full profit or EBITDA.