Image Studios 360

1370 South 2100 East

[email protected]

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The franchisor is Image Studios Franchise, LLC, a Delaware limited liability company. It acquired the IMAGE Studios franchise system in March 2024 and began offering franchises in May 2024. Its principal business address is 1370 South 2100 East, Salt Lake City, Utah 84108. Its direct parent company is IMAGE Studios HOLDCO, LLC.

We offer franchises for Image Studios 360 Salons in accordance with the terms of our Image Studios 360 Franchise Agreement (the “Franchise Agreement”). A copy of the most recent Franchise Agreement is attached to this Disclosure Document as Exhibit C. If you enter into an Image Studios 360 Franchise Agreement, you will be trained and authorized to operate an Image Studios 360 Salon using the Marks according to our system standards, featuring individual turn-key salon studios in a salon mall setting using our innovative build-out system and methods of operation, marketing and promotion (collectively the “System”). We reserve the right to change or otherwise modify the System and add, modify, or delete any of our designs, operational processes, or services at any time in our sole discretion. You will operate your salon at, and only at, a location approved by us, and you will not receive any guaranteed territory outside of the protected radius surrounding your salon, or any exclusive rights for operation of an Image Studios 360 Salon at any other location or within any other territory. Throughout this document, your franchise business will also be referred to as your “Salon” or your “Location.” As a franchisee, you will typically purchase or lease existing building space ranging from 3,500 to 9,000 square feet and convert or remodel the purchased or leased space into individual size salon studios that are typically 10 feet by 12 feet in size. These individual studios are then leased to independent salon professionals. As a franchisee, you will provide general salon management, maintenance inside the studios and common areas, wireless internet, some marketing/branding and a web page for each salon professional in our online salon directory, organizing social events for the salon professionals at your location, educating and training your salon professionals on how to use the technology we have put together to assist them in running their salon business, and providing them information and follow up with each salon professional about our marketing programs and tools how they can participate in them. Each salon professional is a tenant of yours who is an independent business owner and will be responsible to schedule their own appointments and operate their individual salons. Your tenants are also required to obtain their own business, health department, and other professional licenses from relevant state professional licensing boards, where required and depending on the types of services they offer. We also offer, to qualified applicants, the opportunity to develop additional units by purchasing the right to develop two (2) additional franchises at the time you sign your first Franchise Agreement. You will be required to sign a Development Agreement (“DA”) at the same time you execute the Initial Franchise Agreement and you will be required to develop these additional units within a fixed time period. (See Exhibit D of the DA) You must sign our then-current franchise agreement for each additional unit opened under the terms of the DA. These franchise agreements may not be the same as the initial Franchise Agreement that you will sign. We also may offer franchises for Image Studios 360 Salons in foreign countries. We anticipate that master franchise relationships will be established and that the financial terms and the nature and scope of the master franchise relationship will be negotiated.