SCOOTER'S COFFEE

Data Based On: 621 Reporting Kiosk Stores and 45 Reporting End Cap Stores, both open for the entire 2025 Measurement Period and provided complete cost and expense data.

* Financial data is provided for two types of franchised stores: Kiosk Stores and End Cap Stores, for the 2025 Measurement Period. Weighted averages were calculated for 'average_gross_revenue', 'average_gross_profit', 'average_ebitda', and 'average_net_profit' using the number of reporting units for each store type. - Kiosk Stores: 621 reporting units with average gross sales of $998,869, average gross profit of $601,114, and average EBITDA of $134,457. - End Cap Stores: 45 reporting units with average gross sales of $1,082,458, average gross profit of $654,900, and average EBITDA of $155,439. Weighted average gross revenue: (621 * $998,869 + 45 * $1,082,458) / (621 + 45) = $1,004,516.91 Weighted average gross profit: (621 * $601,114 + 45 * $654,900) / (621 + 45) = $604,748.19 Weighted average EBITDA: (621 * $134,457 + 45 * $155,439) / (621 + 45) = $135,874.70 For 'median_gross_revenue', 'revenue_top_quartile', and 'revenue_bottom_quartile', values from the 'All Reporting Kiosk Stores' table were used due to Kiosk Stores representing the vast majority of the reporting units (621 out of 666 total). The 'revenue_top_quartile' and 'revenue_bottom_quartile' are the average gross sales of the top 25% and bottom 25% performers, respectively, as provided in the segmented tables. The FDD defines 'EBITDA' as earnings before interest, taxes, depreciation, and amortization. By summing all listed operating expenses (Labor Costs, Rental Expense, Royalty, Marketing and Advertising Contributions, Technology Fee, Card Processing, Overhead) and subtracting from Net Sales, the result precisely matches the reported EBITDA values for both Kiosk and End Cap Stores. Therefore, 'Net Sales - Total Expenses = EBITDA' in this FDD. The prompt's definition for 'average_net_profit' ('Gross profit - operating expenses (but before taxes/interest)') aligns with this calculation. Thus, 'average_net_profit' is set to the 'average_ebitda'. 'ebitda_margin_pct' is calculated as the weighted average EBITDA divided by the weighted average gross revenue: $135,874.70 / $1,004,516.91 = 0.1353. 'best_guess_profit_low' and 'best_guess_profit_high' are derived from the observed 'Low' and 'High' EBITDA values for Reporting Kiosk Stores (the largest sample size) as listed in the summary table on page 6: Low = $(250,144) and High = $613,869.