Listing Number: 83258-311884
This is truly a Recession & Pandemic proof business.
Established and well known gun store experienced their best 4 months on record during March to June 2020. Success is due to their innovative and forward thinking approach, providing customers a different kind of gun buying experience which attract people from throughout the state. The business is built and continues to grow through referrals, word of mouth, huge inventory, superb reputation and without any advertising.
Due to quick turnover of inventory they've established themselves as a priority customer with major gun/ammo distributors and are afforded the opportunity to purchase any and all supplies available while the competition turn away customers due to lack of guns & ammo. They regularly carry close to $1MM of inventory. As per ATF this establishment is recognized as the largest privately owned gun store in Arizona and they are expected to finish the year selling a total of 23K to 25K guns.
The business also enjoys the benefit of one of the nation's largest online shopping mall websites selling firearms & accessories, generating six figures in annual sales with very little effort. The website and $250K of inventory will transfer with the sale of the business.
New owner can easily increase sales by extending hours into late afternoon and evening. There's also an opportunity to convert the space next door to a shooting range. The captive audience is already there, this will create an additional revenue stream while increasing the potential of more gun sales.
Possible seller carry depending on offer. Will also consider staying on as a minority partner.
- Price: $6,737,000
- Down Payment: $6,737,000
- Sellers Discretionary Earnings: $1,328,000
- Total Sales: $12,000,000
- Location: Maricopa County, Arizona
- Inventory: $250,000
- FF&E: $55,000
- Employees: 7
- Reason for Selling: Other business interests
- Category: Firearms