Big Z Chicken is a private fast food business located in Georgia. The company sells franchises in the chicken business and charges a 6.00% royalty on all sales of its stores. Here is a quick summary of Big Z company financials: \begin{tabular}{lr} Company Data & Fiscal Year 2020 \\ \hline \# of Stores & 504.00 \\ \hline Revenues per store & $1,000,000.00 \\ \hline Royalty on sales & 6.00% \\ \hline EBITDA Margin on Sales & 17.00% \\ & \\ \hline Balance Sheet Data & Fiscal Year 2020 \\ \hline Interest bearing debt & $15,000,000.00 \\ \hline Shareholder equity & $12,000,000.00 \\ \hline Cash and Marketable Securities & $4,000,000.00 \end{tabular} We will compare Big Z against Chick-Today, a leader in the fast food business, that has an enterprise value of $410.00 billion and EBITDA of $100.00 billion