No, not enough to support a sale. At 100M, if not entirely a dump, one may have a chance but volumes like Friday, forget it.
Salons seem to be the only stable revenue and even then, the second Salon is:"..Our Bountiful location is lagging behind as a result of being under staffed. Our regional manager is in the process of hiring additional staff at our Landis Concept Salon. The Landis Concept Salon has 12 chairs compared to 20 chairs in our Landis Lifestyle Salon.
Richard Surber, CEO of Nexia, stated that, "I am confident we can get this location to perform by year end provided we are able to properly staff the location. I am offering a $500 referral fee to our employees for each stylist we retain as a result of the referral. When it comes to Landis' staff, our training is vigorous and our standards are unyielding. The bar has been set quite high. I believe our standards will result in long-term lasting success for our salons and its staff. One drawback to our high standards in a booth rental market is that it takes longer to staff our newer locations in the initial stages. However, the end result is that our stylists make more and our salons provide better service to our clients then our competitors."..."
No, we are now bagholders.
g.p.
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