GRIL - Muscle Maker reports Q3 results

• Muscle Maker press release ( NASDAQ: GRIL ): Q3 generated initial franchise fees of up to $25,000 per franchise location upon signing the franchise agreement and then additional franchise royalty fee revenue of up to 6% of franchisee net sales each month once they are opened.
• As of September 30, 2022, we had cash in excess of $11.6M which allows us the ability to both execute against our growth strategy but also keeps open the option of potential strategic acquisitions or partnerships.
• We believe we have positioned our company for growth in all facets and we look forward to a strong finish for 2022.

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