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   We are currently seeking to expand the scope of our holdings through the acquisition of additional commercial properties, the expansion of our retail concept, and the opening of up to 30 additional salons over the next 3 years. Our total revenues for the year, ending December 31, 2007, were $3.2M; this was a 76% increase over the $1.8M reported at year's end in 2006.
Our Market Strategies
   In Real Estate we put our money into the purchase of underperforming properties and through the repair and upgrade of those properties we increase their value and cash flow potential.
   At Landis Salons we put our money into top flight proven health and beauty concepts that allow us to generate substantial revenues.
   At Black Chandelier we put our money into experienced designers with signature style and who have proven themselves in the fashion market in multiple vertical markets.
 
Talented Management
 
    CEO, Richard Surber specializes in complex corporate and securities law matters. He graduated from the University of Utah with a Bachelor of Science degree in Finance and then with a Juris Doctor with an emphasis in corporate law, including securities, taxation and bankruptcy. Guy R. Cook currently serves as the Controller for Nexia Holdings, Inc. Mr. Cook is a C.P.A; he holds a B.S. Degree in accounting and an M.B.A. Degree from the University of Utah. He has 50 plus years experience in public and corporate accounting.
Brand Equity
   Black Chandelier and the brand's co-founder Jared Gold routinely garner the media's attention (threadbangers.com, WWE, America's Next Top Model, CSI:NY), which have the potential to create lucrative licensing opportunities.
Consumer Base
   The target market for Landis Salon is 70% female and 30% male, seeking customers with high expectations at a reasonable cost. The average customer is expected to visit the salon 7-9 times a year, spending an average of $47 on services and purchasing $15 of retail AVEDA™ product with each visit.
   The Black Chandelier consumer base has a vary large age range. Female shoppers vary in age from 15 to 65, and while their income ranges widely among this spread, the average is $37,000. This typical consumer is fashion conscious and follows current trends; they also subscribe to or otherwise read several fashion oriented women's magazines. The expanding men's division has garnered a large fan base in ages ranging from 15 to 35. These consumers read weekly entertainment guides and local underground publications and fanzines.
Competitive Advantage
   The primary competition for Landis Salons comes from other salons in the Salt Lake City area market who offer above-and beyond customer service; that list currently includes Lunatic Fringe, Salon Zazou, and Salon RZ. Although they do not compete in offering the extra services and products that Landis provides, we believe that we will be in competition with large scale cutting operations such as Great Clips, Supercuts, and Fantastic Sams as well.
   We believe that local competition for Black Chandelier is Lollabella and JMR; this assumption is based on their marketing and customer demographics. Nationally, Black Chandelier will be competing against Diesel, Urban Outfitters, and Anthropology. These specialty retailers manufacture their own goods, as well as sell third party products; they are nationally marketed and maintain company operated boutiques in most major cities. The power of big retailers is a major challenge to any new designer and manufacturer; however we believe that offering specialized products with limited distribution creates a unique identity for us among retailers.
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