Water Babies

Data Based On: Data for 4 company-owned pools across 2 territories for fiscal year 2024. These pools include three hosted pools and one leased pool.

* Financial data is based on the two company-owned territories operating throughout 2024, comprising a total of 4 pools (3 hosted + 1 leased), as stated in 'Notes to Table 2 (1)' and 'Page 1 Background'. All averages are calculated on a per-pool basis by dividing the combined totals by 4. - Gross Revenue: Total combined gross revenue of $1,989,969 from Table 2, divided by 4 pools. - Gross Profit: Calculated as Total Gross Revenue ($1,989,969) minus Total Cost of Sales ($365,276 for Pool Rental + $503,685 for Labor = $868,961). The resulting Gross Profit is $1,121,008. This value was then divided by 4 pools. Note that Table 2 has a confusing line item 'Total Cost of Sales' displaying $1,121,008, which contradicts the sum of listed Pool Rental and Labor; however, the subsequent 'Gross Profit' line item showing $1,121,008 (56%) is consistent with Gross Revenue less the sum of Pool Rental and Labor. - Net Operating Income (pre-fees/average_net_profit): Calculated as the total Gross Profit ($1,121,008) minus Total Operating Expenses ($163,795) = $957,213. This figure, representing profit before Royalty and Marketing fees, was divided by 4 pools. - Net Operating Income (post-fees/average_net_income): Calculated as the Net Operating Income pre-fees ($957,213) minus Royalty fees ($198,997) and Marketing fund fee ($39,799), totaling $238,796 in fees. The final amount is $718,417, which was then divided by 4 pools. This is used as 'average_net_income', although 'Notes to Table 2 (10)' indicates additional unlisted expenses that a franchisee may incur. - Best Guess Profit Range: The high estimate is set to the calculated 'average_net_income' ($179,604.25) as it represents the profit after all explicitly listed expenses for the company-owned units. The low estimate accounts for additional unlisted expenses and owner's compensation mentioned in 'Notes to Table 2 (10)'. This was estimated by subtracting an additional 15% of the 'average_gross_revenue' from the 'average_net_income' ($179,604.25 - (0.15 * $497,492.25) = $104,980.41). - EBITDA: Not explicitly provided or calculable without information on Depreciation and Amortization.