Profit and Loss Statement

PROFIT/LOSS STATEMENT FOR REPORTING GROUP

Franchised Businesses

Fiscal Year 2024
Top 25%
Middle 50%
Bottom 25%
Average
Median
Gross Revenue
$1,365,025
$979,962
$650,916
$995,043
$968,036
Cost of Goods Sold
$985,290
$719,123
$453,794
$719,349
$681,924
Gross Profit
$379,734
$260,839
$197,121
$275,694
$286,111
Gross Profit (%)
28%
27%
31%
28%
30%
Advertising
$14,365
$16,411
$19,257
$16,626
$23,154
Royalties (6%)
$79,086
$58,798
$39,055
$58,945
$58,082
Brand Fund (2%)
$25,424
$19,599
$13,018
$19,396
$19,361
Fuel
$6,975
$6,683
$5,673
$6,490
$8,807
General Liability Insurance
$3,137
$2,501
$1,860
$2,499
$4,187
Call Center
$8,100
$8,100
$8,100
$8,100
$8,100
Technology
$4,200
$4,200
$4,200
$4,200
$4,200
Office Supplies
$3,279
$2,703
$3,581
$3,095
$1,256
Total Expenses
$144,567
$118,120
$96,728
$119,481
$127,146
Discretionary Earnings
$235,168
$142,718
$100,393
$156,213
$158,965
Discretionary Earnings (%)
17%
14%
16%
16%
16%