Client Spotlight: Platt’s Beach House Furnishings

Sep 5, 2024 | Client Spotlight

Platt’s Beach House Furnishings is a multigenerational business that first began in South Jersey in 1946.  The business started as door-to-door sales in Atlantic and Cape May counties when Dave Platt Sr. moved his family from Philadelphia to Ocean City, NJ.   By 1950, he had a store on Asbury Avenue in partnership with family members where they sold appliances and TVs.

In 1954 he moved his store to Somers Point to open Platt’s Furniture and Appliances, but it was so much more than that since the store also carried carpet, window treatments, and even men’s clothing.  The store moved to its current location in 1958 and shortly thereafter, Dave Platt Jr. started working for his father in delivery and stock after his military service. Eventually he became the business administrator.

Dave, Jr. and wife Celeste bought the business in 1976 and are responsible for expanding the business into custom woodworking, reupholstery, and window treatments while also establishing brand name furniture galleries.  Dave Jr’s son, Dave III, who started in delivery and soon became warehouse manager, joined the ownership team in 2004.  It was then that the focus turned to the beach house and rental property market, and the business name changed to reflect that.

In 2014, the business passed to the third generation.  Dave Jr., Celeste, and Dave III officially retired, selling the business to Thomas Platt, Cheryl Platt, and Jeanette Mueller.  All three had worked in the business in many roles throughout their lives and were well-prepared to continue the family tradition.  They remain dedicated to serving the shore homeowner and visitor with unique products and personalized customer service, while capturing new trends in the coastal lifestyle.

“Capaldi, Reynolds & Pelosi team members have assisted Platt’s with accounting, tax, and business transition issues for almost two decades. They are trusted advisors who have worked with  us to help us achieve our long-term goals.”

Subscribe to our Accounting, Tax and Business Insights Newsletter

Email Address:
Name(Required)
Privacy(Required)
This field is for validation purposes and should be left unchanged.
The World of Higher Education in 2023

The World of Higher Education in 2023

A 2023 national survey revealed a shift in public opinion over the past decade about the value of a college degree: 56% of Americans think a four-year college degree is not worth the cost due to students graduating with significant debt and a lack of specific job...

read more
The Taxpayer Advocate

The Taxpayer Advocate

The Office of the Taxpayer Ombudsman was created by the Internal Revenue Service in 1979 to be the primary advocate for taxpayers with the IRS. This function was replaced in 1996 by the Office of the Taxpayer Advocate. The mission of this division of the IRS is to...

read more
New Jersey and You: Perfect together?

New Jersey and You: Perfect together?

On a recent visit to the website of the Tax Foundation, I was taken aback, but not surprised, to read “New Jersey’s tax system ranks 50th overall on our 2023 State Business Tax Climate Index”.  This Index is designed to show how well states structure their tax systems...

read more
Need to Make Payments to the IRS? You Have Options.

Need to Make Payments to the IRS? You Have Options.

The IRS is making it easier for taxpayers who will be making payments on a tax liability over time. Individual taxpayers who have combined liabilities for taxes, penalty, and interest less than $50,000 and businesses owing $25,000 or less for payroll taxes, penalty,...

read more