Owner Financing is Available!
Business Overview:
This gun shop specializes in precision actions. They sell rifles, pistols, shotguns, collectors & specialty firearms. Along with gunsmithing, they do rifle design and manufacturing, assembling and customizing of firearms along with prototype machine work.
The machine shop can do production and prototype work to order. The machines include computer equipment like CNC lathes & milling machines, Bridgeport’s etc. The business was started in 1982. They will sell their trade name, and work with a new Owner (part time). The sale includes little if any Goodwill – only selling assets! The Owner wants to retire and is selling the real estate where the shop is located and the residential rental house he owns next door along with the machines and his inventory. The commercial building is a one story 3,149 s.f. wood frame building on .10 acre. The residential rental house is next door. It has two stories with 540s.f. on each level. It is a 3 room, 2 bedroom, 1.5 bath recently remodeled building on .045 acres. The parcels are next to each other on Nicholas Square in New Milford, CT. Nicholas Square is a one way residential neighborhood close to New Milford’s downtown district. The equipment includes over 33 machines (CNC’s, milling, Bridgeports etc) and all types of specialized tooling. The inventory includes 208 pistols & rifles (new & used) along with receivers, bolts, barrels, shrouds, trigger guards etc. The owner will consider (1) selling both real estate parcels with the Gun Shop and inventory along with Machine Shop for $599,800, (2) selling both real estate parcels with machines for $424,800, (3) selling the machines and inventory for $300,000 (with or without leasing for $1,800/mo NNN), (4) selling only the inventory for $175,000 and (6) selling only the machines for $125,000 (with or without leasing for $1,800/mo NNN). As you can see the owner is flexible and will consider several options. If contemplating buying only the machines or inventory without the Real Estate and without leasing the premises, you will need to relocate! Call or e-Mail for a detailed Flyer.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: