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Old 21 November 2019, 10:55 AM   #18
77T
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Join Date: Dec 2010
Real Name: PaulG
Location: Georgia
Posts: 40,789
Quote:
Originally Posted by Chewbacca View Post
If I were David, I’d frame this thread title and send it to anyone who doubts where to go to get a new Rolex today, first.

If I were an AD, I’d curl up in a ball and wonder why $20k in rent and $500k in annual payroll is even needed.

Most ADs sell well and share their costs across many product lines - but I endorse your kudo’s to the trusted sellers for breaking the brick and mortar model.

I think David exceeds that rent figure for his place in Orlando - especially including the security and insurance.

It’s a very nice area...



I’m not certain about his payroll but it takes a few FTE’s just to keep the doors open at any store. His sales volume likely has some serious commission costs as well. So while he isn’t an AD, his costs are watch-related and needs a GPM akin to an AD.



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