Business Overview:
Selling over 3,000 firearms last year, the seller is guaranteeing $1,200,000 in wholesale goods. Their inventory includes a wide variety of new and used firearms for sports, protection, and recreational use, plus ammunition, scopes, sites, holsters, safes, and more. The general manager of this company fully handles business operations, including online sales which allows the business to be passively owned. Their diverse outreach of customers includes local law enforcement agencies, first responders, military personnel, hunters, recreational shooters, people wanting to protect their home. With years of experience in the firearms industry, they are a full-service business offering services such as firearm sales, gun trading, gunsmithing & cleaning to prepare firearms for off-season storage, scope installation, night sight installation, total tear down, cleaning, reassembly, and function checks of firearms. The revenue, both online and in store, is generally split evenly between the sale of firearms and accessories. They operate a beautiful and large shop over 3,000 Sq. Ft. with a lot of storage space for secured inventory. Another incredible asset of the business is the well-trained and experienced team whom all have a long tenure within the company.
Priced at $1,650,000, with a 4-year average cash flow of $563,292 and a low multiple of 3.15 plus the 75% collateralized loan with $1,250,000 in guaranteed assets this business is primed for new ownership.
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Property Features and Assets:
Inventory: Seller will guarantee that inventory will stay at $1,200,000.
FFE: $50,000
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.
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