Financial Review Franchise Group Inc. slide image

Financial Review Franchise Group Inc.

Franchise Group Overview Headquarters: Virginia Beach, Virginia Franchise Group Overview ⚫ Franchise Group, Inc. ("FRG", "we" or "us") is a growing, diversified owner and operator of franchised and franchisable businesses in resilient verticals with robust margin and cash flow characteristics • Goal of FRG is to maximize free cash flow and pay a growing and dependable dividend to shareholders • We apply operating and capital allocation philosophies and solutions to augment cash generation of the brands $ millions Subsidiaries2 Franchise Group Subsidiaries Fiscal Year End December 26, 2020 Company owned stores / Revenue Adj. EBITDA total stores¹ AMERICAN FREIGHT FURNITURE MATTRESS APPLIANCE 945.1 115.2 343/349 BUDDY'S HOME FURNISHINGS 2 97.3 26.9 45/292 1,036.0 87.0 719/719 THE VITAMIN SHOPPE • FRG remains acquisitive and seeks businesses that: - Provide market and demographic diversity and resiliency · Demonstrate superior unit level economics - Offer existing and prospective franchisees multiple brands to cluster and leverage infrastructure 1 Store count as of 12/26/2020, FFO Home stores acquired on Dec 27, 2020 2 Impact of 47 store bebe refranchising transaction only reflected in store count 3 Includes Audited Sales ending FY Jan 2, 2021 4 Liberty Tax is expected to be combined with NextPoint Acquisition Corp in Q2 2021 1 FRANCHISE GROUP INC. ΡΕΤ SUPPLIES 3 PLUS 846.0 80.0 200/519 FRG Corporate (6.0) PF FRANCHISE GROUP INC. $2,924.4 $303.1 1,307 / 1,879 4 LIBERTYTAX 122.8 37.1 204 / 2,694 3
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