Terrace Up

Data Based On: Financial performance data is based on one Company Owned Outlet in Cedar Knolls, New Jersey, for the 2025 Calendar Year, as reported in Table 1.

* The financial performance data is for a single Company Owned Outlet, as the franchisor explicitly states they do not have any Franchise Outlets. Average Gross Revenue is the 'Gross Sales' from Table 1 on page 2. Average Gross Profit is the 'Direct Gross Profit' from Table 1 on page 2, calculated as Gross Sales less Direct Cost of Goods Sold and Direct Labor Cost. Average EBITDA is the 'Direct Gross Profit Less Disclosed Expenses and Adjustments for Franchise Related Expenses' from Table 1 (pages 2-3), as expenses like interest, taxes, depreciation, and amortization were not listed as deducted to reach this figure. EBITDA margin is calculated as Average EBITDA / Average Gross Revenue (562,125 / 2,159,905 = 0.2602, rounded to 0.260). The best guess profit range is estimated based on the calculated EBITDA. The high end is the current EBITDA of $562,125. The low end incorporates potential increases in Brand Development Fund (from 0.5% to 2% of Gross Sales), Software Fee (20% increase), and Local Marketing (minimum $10,000 per year), as noted in the 'Notes to Table' on page 3. The calculated increases are: Brand Development Fund increase = ($2,159,905 * 0.02) - $10,800 = $32,398.1. Software Fee increase = $3,000 * 0.20 = $600. Local Marketing increase = $10,000 - $9,033 = $967. Total estimated expense increase = $32,398.1 + $600 + $967 = $33,965.1. Estimated low profit = $562,125 - $33,965.1 = $528,159.9 (rounded to $528,160).