Nexia's Flagship Salon Reports Record Revenues of $180,655 for August 2009
| Source: Nexia Holdings, Inc.
SALT LAKE CITY, UT--(Marketwire - September 22, 2009) - Nexia Holdings, Inc. (PINKSHEETS : NXHD ),
a diversified holding company, announced that its flagship salon recorded
record revenues for the month of August 2009. CEO Richard Surber stated
his belief that, "The increase in revenues for the month of August at our
flagship location confirms that sales are trending up for our Landis
Lifestyle Salon."
Nexia's flagship location at 1298 South 900 East, Salt Lake City, Utah
reported revenues of $180,655 for the month of August 2009 compared to
$155,939 and $170,606 for the comparable periods in 2008 and 2007,
respectively. Our revenues showed an increase of 16% in 2009 over 2008.
Mr. Surber noted, "August sales in 2009 are the highest in the history of
the salon. This achievement in light of the recession is commendable. So
far, our gross revenues for our flagship location in September of this year
are showing gains over September 2008."
Mr. Surber further noted, "We have hired on several new staff members at
our Bountiful location and have completed a direct piece marketing mailer
to recapture customers that we have not seen for a few months. I expect to
see positive results in the month of October from the marketing and
staffing efforts."
Our staff's commitment to excellent customer service and the AVEDA™ 12
Points Of Difference discussed in this short video are key to future growth
prospects. The address for the video is:
http://www.youtube.com/watch?v=joEeffVk13w&feature=related.
About Nexia Holdings Inc.
Nexia Holdings Inc. (PINKSHEETS : NXHD ), headquartered in Salt Lake City,
Utah, is a diversified holdings company with operations in real estate and
health & beauty. Nexia owns a majority interest in Landis Salons, Inc.,
http://www.landissalons.net, hair salons built around the world-class
AVEDA™ product line. For more information, visit
http://www.nexiaholdings.com and http://www.green-endeavors.com.
Nexia strongly encourages the public to read the above information in
conjunction with its Form 10-K for December 31, 2007 and the subsequent
quarters of 2008. Nexia's disclosures can be viewed at
www.nexiaholdings.com and www.sec.gov. Nexia ceased reporting with SEC in
April 2009.
This press release reports information gathered on a preliminary basis for
select points in time. The numbers are not audited, have not been reviewed
by an independent accountant and are subject to change and further review
as more information is gathered. The information does not reflect costs of
operations and does not predict profitable operations for Nexia and its
subsidiaries. This press release also contains forward-looking statements.
There are no assurances that such assumptions will prove correct. These
forward-looking statements involve a number of risks and uncertainties,
including an expectation of substantial increase in sales. The actual
results that Nexia Holdings may achieve could differ materially from any
forward-looking statements due to such risks and uncertainties. Investors
should not invest more than they can afford to lose in penny stocks.