Sola Salon Studios

300 Union Boulevard, Suite 600 Lakewood, Colorado 80228

[email protected]

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Sola Franchise Corporation was incorporated under the laws of Colorado in March 2005. Sola does not do business under any other name. Our principal business address is 235 Fillmore Street, Suite 210, Denver, Colorado, 80206. Sola has never sold any other franchise and has no business other than offering franchises and assisting franchisees.

We offer Franchises for the operation of a business providing build-out and lease of turn-key salon studios to salon professionals under the Sola trademarks, trade names, service marks, and logos (“Marks”). Throughout this document, your Franchise business will also be referred to as your “location” or your “unit”. As a franchisee, you will typically purchase or lease existing building space ranging from 3,000 to 9,000 square feet and convert or remodel the purchased or leased space into individualized size salon studios (typically 8 feet by 12 feet) which are then licensed to independent salon professionals. As a franchisee, you will provide general salon management, maintenance inside the studios and common areas, wireless internet, parties and gatherings, some marketing/branding and a website page for each salon professional. Each salon professional will schedule his/her own appointments. The Franchise is operated under a business format that includes our valuable know how, information, trade secrets, methods, Manual, standards, designs, methods of trademark usage, copyrightable works, rental space sources and specifications, software, confidential electronic and other communications, methods of Internet usage, marketing programs, and research and development connected with the operation and promotion of the Business (collectively, the “System”) owned and developed by us and known as Sola Salon Studios (“Business” or “Salon”). We are designed to support you in your ongoing business efforts. We reserve the right to change or otherwise modify the System and add, modify, or delete any of our designs, lease processes, or services at any time in our sole discretion. We have also established a national leasing and guarantee program (“National Leasing Program”) (See Items 5, 10 and 11), and, at your election, we may provide you with services related to this program. You must operate your Franchise in accordance with our standard business operating practices and sign our standard franchise agreement (“Franchise Agreement”), which is attached to this Disclosure Document as Exhibit B. We also offer, to qualified applicants, the opportunity to develop additional units by purchasing either a group of three (3), a group of six (6), or a group of twelve (12) Sola Franchises. You will be required to sign the Multi-Unit Development Agreement (“MUDA”) 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 I). The Initial Franchise Agreement will count as the first unit developed as part of your MUDA. You must sign our then-current franchise agreement for each additional unit opened under the terms of the MUDA. These franchise agreements may not be the same as the initial Franchise Agreement that you will sign for your first Franchise (“Initial Franchise Agreement”).