David Zimmer
Tenafly, NJ (USA)
Role(s):
void
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Startup
Location:
Tenafly
Industry:
Accounting
Year Founded:
2008
Number Employees:
INVALID
Description:
Specialty consumer electronics retailer geared towards the HDTV market. Founder is former President of Publicly Traded company taking revenues from $300 million to $2.1 billion in two years.
Company exceeded forst year estimates by more than 20%. Month-over-month for year two is up 34%. Pro forma sales per square foot exceed $800 with SG&A around 14%. Better numbers than any of its competitors with several key strategic partnerships in place including floor plan financing, inventory and real estate location availability.