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News Flash
Nexia Salon & fashion opts revenues up
08 Jan '08
3 min read
The Chinese fashion retail consumer market is at least double that of the U.S., and we are now prepared to capitalize on
this rapidly growing economy."
The first Landis salon began operations over two years ago, providing comparable sales information for the month of December.
Landis Salt Lake operations rose 12% to $169,812 in sales in December 2007 compared to $151,196 for December of 2006. For the year ended December 31, 2007, estimated revenues for Landis salon operations grew 41% to $1,871,193 compared to $1,326,013 for 2006.
The 2007 numbers from the Bountiful salon location reported December 2007 sales of $28,838 compared to December 2006 sales of $21,258, a 35.7% increase.
Surber commented, "Our goals are to increase sales in each salon 30% in 2008 over 2007 and to continue with our expansion plans to acquire additional Aveda salon location(s) nationwide. I have begun tailoring our financials to hit net profitability of 15% for the salon operations."
Nexia reports estimated revenue from its real estate operations totaled $18,818 for the month of December 2007, increasing 17.5% compared to $16,021 in December 2006 and for the year ended December 31, 2007, estimated revenues of $200,146, up 8.6% from the $184,230 reported for year ended December 31, 2006.
For the year 2007, Nexia reports a gain from the sale of securities, a settlement agreement and other income of $449,303, compared to similar types of income of $288,009 for the year 2006, an increase in 2007 of $161,294 or 56%.
this rapidly growing economy."
The first Landis salon began operations over two years ago, providing comparable sales information for the month of December.
Landis Salt Lake operations rose 12% to $169,812 in sales in December 2007 compared to $151,196 for December of 2006. For the year ended December 31, 2007, estimated revenues for Landis salon operations grew 41% to $1,871,193 compared to $1,326,013 for 2006.
The 2007 numbers from the Bountiful salon location reported December 2007 sales of $28,838 compared to December 2006 sales of $21,258, a 35.7% increase.
Surber commented, "Our goals are to increase sales in each salon 30% in 2008 over 2007 and to continue with our expansion plans to acquire additional Aveda salon location(s) nationwide. I have begun tailoring our financials to hit net profitability of 15% for the salon operations."
Nexia reports estimated revenue from its real estate operations totaled $18,818 for the month of December 2007, increasing 17.5% compared to $16,021 in December 2006 and for the year ended December 31, 2007, estimated revenues of $200,146, up 8.6% from the $184,230 reported for year ended December 31, 2006.
For the year 2007, Nexia reports a gain from the sale of securities, a settlement agreement and other income of $449,303, compared to similar types of income of $288,009 for the year 2006, an increase in 2007 of $161,294 or 56%.
Nexia Holdings Inc
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