In the Kitchen Solvers FDD, what does the term 'Range' represent in the context of financial performance?

According to Kitchen Solvers' 2025 Franchise Disclosure Document, the term "Range" in the context of financial performance represents the lowest and highest financial outcomes experienced within a specific category. This provides prospective franchisees with an understanding of the potential variability in financial performance among existing Kitchen Solvers outlets.

Specifically, Item 19 presents historical financial performance information based on a survey of 31 franchised outlets. The financial performance data is broken down into tables showing average gross revenue, materials expenses, installation expenses, and the number of jobs. The "Range" is used in conjunction with these metrics to show the lowest and highest values achieved by the franchisees surveyed.

For example, Table 3 details the average gross revenue for franchisees in business for 1-4 years and those in business for over 4 years. For each group, the table discloses the highest and lowest gross revenue achieved, offering a range of potential outcomes. A prospective Kitchen Solvers franchisee can use this information to understand the potential spectrum of financial results, from the lowest to the highest performing franchises, and assess the risks and opportunities associated with the franchise.