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BY THE NUMBERS
FINANCIAL PERFORMANCE
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2017 Gross Sales & Major Expenses
 
Burbank Encino Studio City Rancho Glendale
 
Gross Sales $1,361,022 $1,113,967 $968,919 $983,782 $938,824
Cost of Goods $416,890
(30.63%)
$341,047
(30.62%)
$301,655
(31.13%)
$313,544
(31.87%)
NA*
Labor & Benefits Expenses $393,020
(28.88%)
$325,451
(29.22%)
$308,439
(31.83%)
$338,646
(34.42%)
NA*
Comps & Discounts $24,427
(1.79%)
$25,165
(2.26%)
$20,102
(2.07%)
$22,378
(2.27%)
NA*

* We have excluded costs figures for our company-owned Glendale Restaurant because it is our designated training location and, as a result, incurs Costs of Goods and Labor Expenses that are materially higher than and not representative of a typical company-owned or franchised Restaurant.

Gross Sales Increases
Years Compared Burbank Encino Studio City Glendale Rancho
2012 to 2013 19.75% 8.98% NA NA NA
2013 to 2014 10.31% 9.74% NA NA NA
2014 to 2015 21.93% 21.92% NA NA NA
2015 to 2016 8.48% 17.18% 13.17% NA NA
2016 to 2017 -4.25% -1.81% 4.86% NA NA

Tables 1 and 2 above contain information for 4 company-owned and 1 franchised Chop Stop restaurants that were open and continuously operating for at least 12 months as of the end of our 2017 fiscal year (December 31, 2017) under our “standard” format. Our “standard” format requires the Restaurant to have access to a dedicated parking lot and a minimum footprint of at least 900 interior square feet. One location does not operate under the standard format and was excluded.
The information included in Table 1 is for Chop Stop’s 2017 fiscal year (Jan. 2, 2017 thru Dec. 31, 2017). “Gross Sales” means the aggregate amount of all sales of goods and services at the Restaurant, excluding taxes.
Table 2 lists the percentage increase (or decrease) in year-over-year same store sales for Chop Stop restaurants that have been open and continuously operating under our standard format from the beginning of CS’s 2012 fiscal year through the end of CS’s 2017 fiscal year.
Some Restaurants have sold the amounts listed above. Your individual results may differ. There is no assurance that you will sell as much.