Multi-Unit Franchisee Magazine Issue IV, 2013 | Page 9

+++$676,262 +IBIS World Industry Report, July 2012 ++Represents 2012 annual revenue average of 37 franchised locations that were in operation for the entire 24-month period ended 12/31/12. Of these locations, 35% had annual revenue that exceeded this average. A new franchisee's performance may differ from these results. +++Average revenue for the 60 Standard Company Salons in operation the entire 24-month period ending 12/31/12. Please see Item 19 of our 2013 Franchise Disclosure Document for additional information. This information does not constitute an offer to sell a franchise.