Supercuts 2007 Annual Report Download - page 11

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(1)
Canadian and Puerto Rican salons are included in the Regis Salons, Strip Center, MasterCuts and Trade Secret concepts and not included
in the international salon totals.
(2)
Represents primarily the acquisition of franchise networks.
In the preceding table, relocations represent a transfer of location by the same salon concept and conversions represent the transfer of one
concept to another concept.
10
INTERNATIONAL
SALONS
(1):
2007
2006
2005
2004
2003
Company-owned salons:
Open at beginning of period
453
426
416
395
382
Salons constructed
25
33
22
19
10
Acquired
12
10
19
18
13
Franchise buybacks
4
2
—
10
—
Less relocations
(3
)
(4
)
—
—
—
Salon openings
38
41
41
47
23
Conversions
—
(
2
)
(3
)
—
—
Salons closed
(10
)
(12
)
(28
)
(26
)
(10
)
Total company-owned salons
481
453
426
416
395
Franchise salons:
Open at beginning of period
1,587
1,592
1,594
1,627
1,684
Salons constructed
110
111
102
88
95
Acquired(2)
—
—
—
—
—
Less relocations
1
—
—
—
—
Salon openings
109
111
102
88
95
Conversions
—
2
—
—
—
Franchise buybacks
(4
)
(2
)
—
(
10
)
—
Salons closed
(118
)
(116
)
(104
)
(111
)
(152
)
Total franchise salons
1,574
1,587
1,592
1,594
1,627
Total, International Salons
2,055
2,040
2,018
2,010
2,022
TOTAL SYSTEM WIDE SALONS
Company
-
owned salons:
Open at beginning of period
7,559
6,977
6,227
5,558
4,776
Salons constructed
420
531
525
452
397
Acquired
257
148
305
199
458
Franchise buybacks
97
142
139
206
97
Less relocations
(59
)
(57
)
(66
)
(32
)
(30
)
Salon openings
715
764
903
825
922
Conversions
—
(
4
)
(6
)
(8
)
(13
)
Salons closed
(135
)
(178
)
(147
)
(148
)
(127
)
Total company-owned salons
8,139
7,559
6,977
6,227
5,558
Franchise salons:
Open at beginning of period
3,774
3,902
3,924
4,054
3,908
Salons constructed
253
257
285
268
275
Acquired(2)
—
—
7
—
198
Less relocations
(20
)
(18
)
(13
)
(10
)
(10
)
Salon openings
233
239
279
258
463
Conversions
—
4
6
8
13
Franchise buybacks
(97
)
(142
)
(139
)
(206
)
(97
)
Salons closed
(168
)
(229
)
(168
)
(190
)
(233
)
Total franchise salons
3,742
3,774
3,902
3,924
4,054
Total Salons
11,881
11,333
10,879
10,151
9,612