Supercuts 2009 Annual Report Download - page 11
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Table of Contents
Salon Development
The table on the following pages set forth the number of system wide salons (company-owned and franchise) opened at the beginning and
end of each of the last five years, as well as the number of salons opened, closed, relocated, converted and acquired during each of these periods.
COMPANY-OWNED AND FRANCHISE LOCATION SUMMARY
9
NORTH AMERICAN SALONS:
2009
2008
2007
2006
2005
REGIS SALONS
Open at beginning of period
1,078
1,099
1,079
1,093
1,085
Salons constructed
20
14
17
38
39
Acquired
23
4
49
14
13
Less relocations
(14
)
(11
)
(14
)
(16
)
(14
)
Salon openings
29
7
52
36
38
Conversions
—
1
(1
)
—
(
1
)
Salons closed
(36
)
(29
)
(31
)
(50
)
(29
)
Total, Regis Salons
1,071
1,078
1,099
1,079
1,093
MASTERCUTS
Open at beginning of period
615
629
642
636
604
Salons constructed
14
7
15
32
47
Acquired
—
—
—
—
2
Less relocations
(10
)
(6
)
(12
)
(8
)
(13
)
Salon openings
4
1
3
24
36
Conversions
—
—
—
(
2
)
1
Salons closed
(17
)
(15
)
(16
)
(16
)
(5
)
Total, MasterCuts
602
615
629
642
636
TRADE SECRET
Company
-
owned salons:
Open at beginning of period
674
613
615
597
549
Salons constructed
10
16
20
33
56
Acquired
—
65
3
2
23
Franchise buybacks
—
5
—
5
—
Less relocations
(4
)
(11
)
(11
)
(6
)
(17
)
Salon openings
6
75
12
34
62
Conversions
—
5
1
1
—
Salons sold
(655
)
—
—
—
—
Salons closed
(25
)
(19
)
(15
)
(17
)
(14
)
Total company
-
owned salons
—
674
613
615
597
Franchise salons:
Open at beginning of period
106
19
19
24
24
Salons constructed
1
2
—
—
—
Acquired
—
93
—
—
—
Less relocations
—
(
1
)
—
—
—
Salon openings
1
94
—
—
—
Franchise buybacks
—
(
5
)
—
(
5
)
—
Interdivisional reclassification(4)
(43
)
—
—
—
—
Salons sold
(57
)
—
—
—
—
Salons closed
(7
)
(2
)
—
—
—
Total franchise salons
—
106
19
19
24
Total, Trade Secret
—
780
632
634
621