Supercuts 2004 Annual Report Download - page 13

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Table of Contents
8
2000
2001
2002
2003
2004
INTERNATIONAL (1)
Company
owned salons:
Open at beginning of period
372
352
364
382
399
Salons constructed
17
35
18
10
19
Acquired
—
3
16
17
18
Franchise buybacks
—
—
—
—
10
Salon openings
17
38
34
27
47
Conversions
—
3
)
—
—
—
Salons closed
(37
)
(23
)
(16
)
(10
)
(26
)
Open at end of period
352
364
382
399
420
Franchise salons:
Open at beginning of period
—
—
—
1,684
1,627
Salons constructed
—
—
69
95
88
Acquired (2)
—
—
1,664
—
—
Salon openings
—
—
1,733
95
88
Conversions
—
—
—
—
—
Franchise buybacks
—
—
—
—
(
10
)
Salons closed
—
—
49
)
(152
)
(111
)
Open at end of period
—
—
1,684
1,627
1,594
Total, International
352
364
2,066
2,026
2,014
TOTAL SYSTEM-WIDE SALONS
Company
owned salons:
Open at beginning of period
3,222
3,755
4,451
4,776
5,563
Salons constructed
371
416
349
397
452
Acquired
176
330
75
463
205
Franchise buybacks
177
122
53
97
206
Less relocations
50
46
33
30
32
Salon openings
674
822
444
927
831
Conversions
2
(27
)
(5
)
(13
)
(8
)
Salons closed
(143
)
(99
)
(114
)
(127
)
(148
)
Open at end of period
3,755
4,451
4,776
5,563
6,238
Franchise salons:
Open at beginning of period
1,800
1,914
2,230
3,908
4,054
Salons constructed
197
170
257
275
268
Acquired (2)
147
305
1,664
198
—
Less relocations
12
11
12
10
10
Salon openings
332
464
1,909
463
258
Conversions
(2
)
27
5
13
8
Franchise buybacks
(177
)
(122
)
(53
)
(97
)
(206
)
Salons closed
(39
)
(53
)
(183
)
(233
)
(190
)
Open at end of period
1,914
2,230
3,908
4,054
3,924
Grand total, system
wide
5,669
6,681
8,684
9,617
10,162