My bad, 2/3 aren't profitable. Better?

(roughly) 1/3 make money, 1/3 break even, and 1/3 in the red

Although I do consider "break even" a loss in the sense that there's an enormous opportunity cost involved with running a franchise that has to struggle just to break even. It seems like an unsustainable model to witness that kind of salary growth with 2/3 of the franchises not generating a profit.