Sprinkles Cupcake

Data Based On: Data based on 18 affiliate-operated Sprinkles Cupcakes Bakeries ('Covered Bakeries') open for the full 2023 Fiscal Year. Gross Sales are for all 18. Gross Profit, Controllable Profit, and EBITDAR are weighted averages from 8 of these 18 bakeries (4 Stand-Alone and 4 Texas Tandem).

* Weighted average gross revenue calculated from 3 tiers of 6 bakeries each: (6 units × $2,512,665 + 6 units × $1,798,454 + 6 units × $1,277,550) / 18 total units = $1,862,890 Median gross revenue taken as the median of the middle third segment: $1,795,788 Revenue top quartile taken as the average of the top third segment: $2,512,665 Revenue bottom quartile taken as the average of the bottom third segment: $1,277,550 Weighted average gross profit calculated from 4 Stand-Alone Bakeries and 4 Texas Tandem Bakeries: (4 units × $1,437,163 + 4 units × $1,500,744) / 8 total units = $1,468,954 Weighted average net profit (Controllable Profit) calculated from 4 Stand-Alone Bakeries and 4 Texas Tandem Bakeries: (4 units × $587,485 + 4 units × $601,515) / 8 total units = $594,500 Weighted average EBITDAR calculated from 4 Stand-Alone Bakeries and 4 Texas Tandem Bakeries: (4 units × $403,777 + 4 units × $403,307) / 8 total units = $403,542 EBITDAR margin calculated as weighted average EBITDAR ($403,542) / weighted average gross sales for the 8 bakeries ($1,887,393) = 0.214 Estimated profit range using the overall average gross revenue of $1,862,890 and the range of EBITDAR margins (20.6% to 22.2%) from the Stand-Alone and Texas Tandem Bakeries. Low estimate: $1,862,890 * 20.6% = $383,755. High estimate: $1,862,890 * 22.2% = $413,562.