GRNED Reports Revenue of $313,626 for March 2013; Up 17.1% Over March 2012
(firmenpresse) - SALT LAKE CITY, UT -- (Marketwired) -- 04/11/13 -- (OTCQB: GRNED), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced continued revenue growth in the month of March 2013 over the comparable month in 2012.
Green Endeavors is reporting that the combined unaudited revenues for both Landis Lifestyle Salon locations and its newly opened Landis Experience Center were $313,626 for the month of March 2013, which is an increase of 17.1% compared to March 2012. The newer Marmalade salon reported March 2013 sales of $82,799, a 5.6% increase from 2012 sales. Our flagship Liberty Heights salon reported revenues in March 2013 of $213,224, a 12.6% increase over 2012. The Aveda™ Experience Center, which opened mid-August 2012 at the City Creek Center, reported revenues of $17,102 for March 2013.
CEO of GRNED, Richard Surber, noted, "Our newest locations have lots of room to grow. We are continuing our efforts to train staff and further streamline our operations. Growing our staff is the first step towards further expansion. Now that we are on track with our SEC filings and have successfully restructured our shares of common stock, I am looking for the necessary capital to open additional Aveda™ branded salons. I still have my eye on a location in Draper, Utah. It is my belief, based upon the demographics of Draper, that a salon in Draper will be as successful as our flagship location. Two more highly productive salons will put GRNED in a very positive position financially. Our future prospects for growth are very exciting."
Green Endeavors, Inc. (OTCQB: GRNED), headquartered in Salt Lake City, Utah, is a holding company with operations in health & beauty. GRNED's wholly owned subsidiaries, Landis Salons, Inc. and Landis Salons II, Inc. , operate hair salons built around the world-class AVEDA™ product line. Our newest wholly owned subsidiary Landis Experience Center, LLC. , sell a full array of Aveda™ products. For more information, visit . GRNED strongly encourages the public to read the above information in conjunction with its filings and disclosures filed in 2012 and 2013. GRNED's disclosures can be viewed at and . Investors should not invest more than they can afford to lose in penny stocks.
Richard Surber
President
Green Endeavors, Inc.
801-575-8073 x 106
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Datum: 11.04.2013 - 10:11 Uhr
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News-ID 1215676
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