SPEEDPRO

Data Based On: 93 franchised studios meeting specific reporting criteria for 2024 profit and loss statements, divided into four quartiles based on Owners Discretionary Profit (ODP).

* Financial data is presented in Tables 1A-1D, segmented into four quartiles based on Owners Discretionary Profit (ODP) for 93 studios in 2024. The number of studios per quartile are: 1st Quartile (24 studios), 2nd Quartile (23 studios), 3rd Quartile (23 studios), 4th Quartile (23 studios). All average values are weighted averages across these quartiles. - Average Gross Revenue: (24 * $1,698,097 + 23 * $972,669 + 23 * $860,014 + 23 * $508,010) / 93 = $1,017,099.65. - Average Cost of Goods Sold: (24 * $460,125 + 23 * $270,395 + 23 * $241,832 + 23 * $147,815) / 93 = $281,978.13. - Average Gross Profit: Calculated as Average Gross Revenue - Average Cost of Goods Sold = $1,017,099.65 - $281,978.13 = $735,121.52. - Average EBITDA: (24 * $287,421 + 23 * $106,728 + 23 * $26,568 + 23 * -$19,382) / 93 = $102,345.44. - Average Owners Discretionary Profit (ODP): (24 * $445,585 + 23 * $203,277 + 23 * $108,268 + 23 * $15,713) / 93 = $195,924.45. This value is used for Average Net Profit. - EBITDA Margin %: Calculated as Average EBITDA / Average Gross Revenue = $102,345.44 / $1,017,099.65 = 0.1006 (10.06%). - Revenue Top Quartile: Taken directly from the 'Average Gross Sales' of the 1st Quartile = $1,698,097. - Revenue Bottom Quartile: Taken directly from the 'Average Gross Sales' of the 4th Quartile = $508,010. - Best Guess Profit Low/High: Based on the average ODP of the lowest and highest performing quartiles, respectively. Lowest ODP (4th Quartile average) = $15,713. Highest ODP (1st Quartile average) = $445,585. - Median Gross Revenue: Not explicitly provided for the total sample of 93 studios; therefore, set to null.