Gun Shop For Sale
Location New Hampshire,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1100000
Net Profit / Cash Flow $130000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1974
Number of Employees 1 - 3
Inventory $390000+
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes.
Reason for Sale Retirement.
Description Very Profitable Gun Shop Business
Whitefield, NH - 'The Village Gun Store', a long established business (37 years) located in NH's ''North Country'', a four season outdoor area. This 'Very Profitable' business has continuously been operated by the original owners. Retirement time is drawing near, thus this exceptional opportunity is available for the person who wants to own a proven business. Located in the town center at the intersection of 3 State roads, the Gun Store building also includes 3 rental units, in addition to the gun shop, which provides additional income. Perhaps the biggest & best business of it's type in NH, it draws Sportsmen from far & wide. Historically customers come from NH, MA, VT, ME, RI, CT, NY, & NJ. This is a business that prospers quite well in all economic climates. In addition, it offers a great work schedule; - Tues - Sat (5 days; 36.5 hrs/wk; 11 months/yr). Now, what does the term used above, Very Profitable mean? It means an astute business person with a working knowledge of guns, while not having to be a gunsmith, needs $538,000 cash for down payment & inventory which is valued at approximately $390,000. However, that buyer can realistically expect $109,000 more or less yearly profit after all expenses which translates to a 20% return on investment. In 5 years you can recoup your initial cash outlay, and the years after are all gravy. How many businesses or jobs can offer that in todays economy? This Gun Shop business, which includes the real estate, is offered at a very fair, & very justifiable price of ... $599,000
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