Supercuts 2011 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 SALON SUMMARY
9
NORTH AMERICAN SALONS:
2011
2010
2009
2008
2007
REGIS SALONS
Open at beginning of period
1,049
1,071
1,078
1,099
1,079
Salons constructed
12
14
20
14
17
Acquired
9
3
23
4
49
Less relocations
(10
)
(11
)
(14
)
(11
)
(14
)
Salon openings
11
6
29
7
52
Conversions
(1
)
—
—
1
(1
)
Salons closed
(36
)
(28
)
(36
)
(29
)
(31
)
Total, Regis Salons
1,023
1,049
1,071
1,078
1,099
MASTERCUTS
Open at beginning of period
600
602
615
629
642
Salons constructed
6
15
14
7
15
Acquired
—
—
—
—
—
Less relocations
(5
)
(7
)
(10
)
(6
)
(12
)
Salon openings
1
8
4
1
3
Conversions
1
—
—
—
—
Salons closed
(14
)
(10
)
(17
)
(15
)
(16
)
Total, MasterCuts
588
600
602
615
629
TRADE SECRET
Company
-
owned salons:
Open at beginning of period
—
—
674
613
615
Salons constructed
—
—
10
16
20
Acquired
—
—
—
65
3
Franchise buybacks
—
—
—
5
—
Less relocations
—
—
(
4
)
(11
)
(11
)
Salon openings
—
—
6
75
12
Conversions
—
—
—
5
1
Salons sold
—
—
(
655
)
—
—
Salons closed
—
—
(
25
)
(19
)
(15
)
Total company
-
owned salons
—
—
—
674
613
Franchise salons:
Open at beginning of period
—
—
106
19
19
Salons constructed
—
—
1
2
—
Acquired(2)
—
—
—
93
—
Less relocations
—
—
—
(
1
)
—
Salon openings
—
—
1
94
—
Franchise buybacks
—
—
—
(
5
)
—
Interdivisional reclassification(4)
—
—
(
43
)
—
—
Salons sold
—
—
(
57
)
—
—
Salons closed
—
—
(
7
)
(2
)
—
Total franchise salons
—
—
—
106
19
Total, Trade Secret
—
—
—
780
632