During early October 2005 Kevin and Sharon Daroca opened DesignMart Silicon Valley, a new wholesale furnishings showroom serving the needs of interior designers, architects and other retailers who specify and purchase furnishings for their retail clients. As initial seed capital for the new business, Kevin and Sharon were approved for an SBA guaranteed loan in the amount of $375,000. During these first four months of operation, Kevin and Sharon have met or exceeded all of the revenue and profitability metrics set forth in their original business plan.
Both Sharon and Kevin bring over 25 years of experience to the establishment of this new business. Sharon is an award winning interior designer with experience in both wholesale and retail residential interior design. She has received national exposure through various articles published for trade magazines, and she has also appeared as the featured designer on HGTV. By way of experience, she has operated for 12 years (with a partner) Design2 Interiors, a successful San Jose based retail design business. Likewise, Kevin brings over 25 years of experience to the business in a variety of senior marketing and sales roles with particular emphasis in building start-up companies and guiding them to a sales success.
DesignMart will be operating out of their recently leased 7200 square foot location in San Jose conveniently located near the intersection of Highway 101 and Highway 85. At present, the closest competing business of this kind is located in the San Francisco Design Center some 60 miles to the north. This ideal geographic location coupled with
DesignMart’s focused business plan, strong working capital position and deep management experience provide all the elements for a business success story.
SCORE volunteer, Dick Wolden and other SCORE volunteers have worked closely with DesignMart in the development of a business plan leading to the recent $375,000 SBA loan secured by DesignMart during early August 2005. The Santa Clara Valley SCORE organization has continued to support DesignMart during these early and exciting stages of this business.