Company Acquires First Nails Salon in Texas
Santa Monica, CA - October 23, 2014 - InvestorsHub NewsWire
- WanderPort Corp. (OTC Markets:
WDRP) today announced that it has acquired Nails Spa as part of
a consolidation strategy of the Nails Salon industry.
The US nails salon is a thriving 8 billion dollars
industry. The salons can range from manicure pedicure only
services to full service lounges that also offer hair care,
wellness programs and dining. It is a stable industry that
sustain well in all economic conditions.
The salons are predominantly small family owned
businesses. The industry can benefit from a consolidation
whereby the cost of beauty supplies can be reduced by leveraging
the economy of scale. Labor cost and staff placement can also
be simplified by sharing the resources between salons.
"We are excited to embark on this consolidation strategy of a
multi-billion dollars industry as a way to create value for our
shareholders”, said Eric Brown, Chief Executive Officer. “By
bringing value added products and services as well as corporate
culture to this fragmented industry, we can improve the quality of
services as well as maximizing the salons’ profit potential” added
Brown.
About Nails Spa
Nails Spa is a boutique salon located in Richardson, Texas that
offers high quality manicure, pedicure and waxing services.
For more information, please visit https://www.facebook.com/Nailsspa2005.
About Wanderport Corp.
Wanderport Corporation specializes in licensing, distribution
and obtaining proprietary rights to various unique technology while
continuing to be an acquisition minded company targeting various
licenses, technologies and/or companies in key emerging growth
industries.
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Contact:
Wanderport Corporation
www.wanderportcorp.com
Investor Relations:
info@wanderportcorp.com
(310) 526-8720