How is the 'EBITDA (if franchised) Margin' calculated for Beauty Bungalows?

According to Beauty Bungalows' 2025 Franchise Disclosure Document, the EBITDA (if franchised) Margin is calculated by dividing the EBITDA (if franchised) figure by the Gross Revenue figure for a given Measurement Period. The document provides financial performance representations based on the historical results of three company-owned outlets during the period from January 1, 2024, to December 31, 2024.

For Company-Owned Outlet #1, the EBITDA (if franchised) Profit Margin was 39% based on a Gross Revenue of $334,405 and an EBITDA (if franchised) of $128,951. For Company-Owned Outlet #2, the EBITDA (if franchised) Profit Margin was 35% based on a Gross Revenue of $534,966 and an EBITDA (if franchised) of $187,406. For Company-Owned Outlet #3, the EBITDA (if franchised) Profit Margin was 27% based on a Gross Revenue of $293,768 and an EBITDA (if franchised) of $79,867.

It's important to note that these figures are based on company-owned outlets and include estimated franchise operating expenses such as royalty fees, brand fund contributions, and technology fees that the company-owned outlets did not actually pay. The FDD also cautions that a franchisee's individual results may differ, and there is no assurance that a franchisee will achieve the same level of sales or profitability. Prospective franchisees should conduct their own independent investigation of costs and expenses to determine potential net income or profit.