Profitable Gun Shop In Fast Growing Community
Location Mississippi,United States
Asking Price Range $250K - $500K
Gross Revenues $663452
Net Profit / Cash Flow $71883
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2004
Number of Employees 1 - 3
Inventory 127555
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training 4 Weeks / $0 Cost.
Reason for Sale Owner would like to pursue other interests.
Description This business has good cash flow and is established in an area that is one of the fastest growing areas in North America. There is a strong customer base, with nice facilities. Sales include new and used guns and repairs. The owner has a strong working relationship with local bonded gunsmith who does the repair work.
The facility is a lease space in a retail strip center. The 5 year lease is 50% used and is 1300 square feet at $1760/mo. Location is great with high traffic and good visibility. There is a security system with alarm and 24 hour monitoring.
There is limited competition in the area on purchasing and reselling used guns and repairing guns. There is competition within the area on new gun sales.
Growth opportunities could come from the addition of fishing supplies and tackle, sporting goods and a shooting range. The is opportunity to add to the existing facility.
Asking price: $350,000. Call or email Don Tate at 817-343-7710 for more information about this listing.
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