07 Apr, 2011, 09:00 ET
SALT LAKE CITY, April 7, 2011 /PRNewswire/ -- Green Endeavors, Inc. (OTCQB: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (OTC PINK: NXHD) is proud to announce that its salon operations posted significant revenue growth in March 2011 over the same month in 2010.
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Combined total revenues for both locations were $240,960 in March 2011, compared to total revenues of $175,528 for the comparable month in 2010. The $65,432 increase represents 37% growth over salon revenues for March of 2010. These revenue numbers reflect the continuing success of the new salon in the Marmalade area of Salt Lake City since its opening in October of 2010 and the ongoing results from our flagship salon in Liberty Heights.
Richard Surber, CEO of Nexia Holdings, Inc. (NXHD) and Green Endeavors, Inc. (GRNE), commented, "Our monthly sales were up about 8% at our flagship location for the month of March 2011 over March of last year. The Marmalade salon sales for March set a new mark for highest monthly revenues at this new salon of $65,127, the first month with revenues in excess of $60,000. This is only the sixth full month of operations for this still growing salon. We are on track to outpace our revenue goals for 2011. I expect better months to come as we gain momentum through 2011."
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, are hair salons built around the world-class AVEDA™ product line. 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 2010 and 2011. 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. Green Endeavors is a subsidiary of Nexia Holdings, Inc. (OTC PINK: NXHD), headquartered in Salt Lake City, Utah, Nexia is a diversified holdings company with operations in entertainment, health & beauty, and real estate. You can find out more at Green Endeavors Facebook and Landis Salons Facebook, More information can be found by visiting www.nexiaholdings.com, Nexia Holdings' Facebook, Multivu Link, or visit The Kane Files Facebook.
FOR MORE INFORMATION, CONTACT:
Richard Surber, President
Green Endeavors, Inc.
801-575-8073 x 106
SOURCE Green Endeavors, Inc.
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