GRNE Reports Revenues of $3,574,972 for the Year 2013; A 13% Increase Over 2012
February 21 2014 - 4:01PM
Marketwired
GRNE Reports Revenues of $3,574,972 for the Year 2013; A 13%
Increase Over 2012
SALT LAKE CITY, UT--(Marketwired - Feb 21, 2014) - Green
Endeavors, Inc. (OTCQB: GRNE), a majority owned subsidiary of Nexia
Holdings, Inc. (PINKSHEETS: NXHD), announced its revenue numbers
for the year ended December 31, 2013, with comparison to prior year
of 2012.
Green Endeavors is reporting that the combined unaudited
revenues for both Landis Lifestyle Salon locations and its newly
opened Landis Experience Center were $3,574,972 for the year ended
December 31, 2013, which is an increase of 13.33% compared to 2012.
The newer Marmalade salon reported 2013 sales of $931,979, a 6.65%
increase from 2012 sales. Our flagship Liberty Heights salon
reported revenues in 2013 of $2,440,217, a 10.99% increase over
2012. The Aveda™ Experience Center at the City Creek Center
reported revenues of $202,775 for 2013, an increase from partial
year sales in 2012 when the center began operations in August
2012.
Richard Surber, President and CEO of Green Endeavors, Inc.,
observed, "We continue to grow top line revenues. As we grow
revenues, we continue to improve upon our operating systems and
procedures. We have managed to increase same store sales at all of
our locations in 2013. The good news is that we still have lots of
room to grow. I expect that the growth trend will continue in 2014.
New locations and acquisitions will allow us to have more
aggressive growth in the future."
About Green Endeavors, Inc.: Green Endeavors, Inc. (OTCQB:
GRNE), headquartered in Salt Lake City, Utah, is a holding company
with operations in health & beauty. GRNE's wholly owned
subsidiaries, Landis Salons, Inc. and Landis Salons II, Inc.
http://www.landissalons.com, operate hair salons built around the
world-class AVEDA™ product line. Our newest wholly owned subsidiary
Landis Experience Center, LLC, http://www.avedaatcitycreek.com,
sells a full array of Aveda™ products. For more information, visit
http://www.green-endeavors.com. GRNE strongly encourages the public
to read the above information in conjunction with its filings and
disclosures filed in 2012 and 2013. GRNE's disclosures can be
viewed at www.sec.gov and www.otcmarkets.com. Investors should not
invest more than they can afford to lose in penny stocks.
FOR MORE INFORMATION, CONTACT: Richard Surber President Green
Endeavors, Inc. 801-575-8073 x 106
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