The Tables below represent the actual unaudited Profit and Loss statement for 3 of our Affiliate stores that have been open for at least 1 year. The Affiliate stores, while not franchisees, operate substantially the same business as that of franchisees herein would operate. There are several factors that are unique to the Affiliate’s business that may be different from the business of a franchisee herein. The Affiliate has 6 locations located in Miami, Florida. The rental market conditions in Miami, Florida are highly competitive with some of the highest rents in the United States. Our Affiliate, Vape & Smoke Shop, LLC, are all located in areas having an extreme amount of foot traffic. Rents in these areas vary, but are approximately $20 – $55 per sq. ft. The population of Miami, Florida which is the 44th most populated which has an estimated 430,332 residents. The median income for the market is $46,946 for Miami, Florida. The gross number from the Profit & Loss Table are earnings before interest, taxes, and amortization (EBITA) which refers to a company’s earnings before the deduction of interest, taxes and amortization expenses. Again, we encourage you to consult with your own accounting, business, and legal advisors.