TIDE CLEANERS

Data Based On: 119 franchised Tide Cleaners Outlets (49 Plant Stores and 70 Drop Stores) open from July 1, 2022 through June 30, 2023. Profit estimates are based on a subset of 16 franchised Plant Stores Not Servicing Outlets open over 3 years.

* Average gross revenue calculated as a weighted average of Plant Stores and Drop Stores from the 'SALES OF FRANCHISED TIDE CLEANERS OUTLETS' table (Page 1): (49 Plant Stores * $1,059,983 + 70 Drop Stores * $500,376) / (49 + 70) = $730,802. No overall median gross revenue, top quartile, or bottom quartile revenue could be determined from the provided data for the combined sample. 'Net Controllable Income' is explicitly stated to exclude various expenses (rent, taxes, interest, depreciation/amortization, etc. as per Note 9 on Page 8), so it does not represent standard net income, net profit, or EBITDA. Best guess profit range is estimated by taking 'Net Controllable Income Less Royalty' from 'PLANT STORES NOT SERVICING OUTLETS OPENED OVER 3 YEARS' (Page 3: $384,334 based on Net Sales of $1,260,113) and further deducting an estimated 10% to 20% of Net Sales for the explicitly excluded expenses. Best Guess Profit High: $384,334 - (10% of $1,260,113) = $258,323. Best Guess Profit Low: $384,334 - (20% of $1,260,113) = $132,311.