Jasper Cabinet Takes Over Theater Xtreme
Theater Xtreme is a familiar brand for home theater individuals who seek supporting home theater furniture. And now they will be handled by a new group, JC International which had acquired intellectual property, trademarks, logos and operational procedures of the company which was partly owned by the defunct Circuit City.
“During the bankruptcy proceedings, we did substantial due diligence and found the company’s failure was not due to the business model, which is sound, but a lack of funding to help it reach its full potential. Its investment capital tightened significantly in the final months of operation.” – Robert Cribbs, Jasper Cabinet Owner.
Theater Xtreme operated a chain of 10 franchised and four corporate stores during its prime. It specialized in home theater room installations, selling projection-format screens and seating along with items such as cinema columns, risers and crown molding as well as cabinets for flat-panel TVs.
(Source) Furniture Today
June 14th, 2009 at 3:39 am
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