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RAVE RESTAURANT GROUP, INC.

For the period ended Jun 29, 2025. Filed Sep 25, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Sep 25, 2025

RAVE$2.16+1.9%Stored close · as of Nov 9, 2026

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Item 2. PROPERTIES

The Company leases its 19,576 square foot corporate office facility with average annual lease payments of approximately $18.00 per square foot. This lease began on January 2, 2017 and has a ten-year term. The Company amended its lease agreement in June 2020 and elected to defer one-half of the monthly base rent for the period from June 2020 through May 2021.

As of June 29, 2025, the Company had contingent and direct lease obligations for two additional restaurant locations. These lease obligations have been assigned to franchisees. These leased properties range in size from 2,220 to 2,428 square feet, have annual rental rates ranging from approximately $35.00 to $39.00 per square foot and expire between 2025 and 2028.

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