Nexia's Landis Salons Scouts location for Multi-Purpose Facility

02 Nov '07

2 min read

Landis LLC, operator of Landis Lifestyle Salon/AVEDA, a subsidiary of Nexia Holdings Inc announced that it signed a non binding letter of intent setting forth proposed terms under which Landis would lease a 6,300 square foot property in South Salt Lake City that would serve as a multi-function facility for the following.

• Another Landis Lifestyle Salon on the ground level
• Corporate headquarters for Green Endeavors Ltd.
• An advanced learning academy (education center)

Nexia CEO Richard Surber, Landis Salon's Head Stylist Matthew Landis and Business Development Consultant Sean Pasinsky and their teams have been actively seeking a location and the financing to make such a multi-functional facility possible.

The location in consideration has a very high traffic count estimated at upwards of 70,000 daily. In addition, a new neighbor adjacent to the property, will soon open and it is a business that is considered in AVEDA's guidelines for acceptable locations to sell their products exclusively.

Richard Surber commented, "AVEDA is owned by Estee Lauder and both companies' are run brilliantly by any standard. AVEDA sets very stringent, but necessary requirements in determining by whom and where their environmentally responsible products are sold.

If AVEDA approves the use of our new location and our business plan, there is a very high probability that we will lease the property."

Matthew Landis said, "I believe thegreater Salt Lake market is grossly underserved, and presents a favorable opportunity to expand the business of Landis.

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