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Eastern South Dakota Gun Shop
Not Disclosed, SD
Not Disclosed
Eastern SD
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| Asking Price: | Annual Revenue: |
| $1,650,000 | $3,244,634 |
Retail: Sporting Goods, Recreation
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RE: Eastern South Dakota Gun Shop
Contact: Bryan Mulder
Quick Facts
| Asking Price: | $1,650,000 | |
| Annual Revenue: | $3,244,634 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $307,082 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $34,281 | |
| Real Estate: | $375,000 | |
| Year Established: | 2014 | |
| Employees: | 6 | |
| BBN Listing #: | 68574955 | |
| Broker Reference #: | 5401-17451 |
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Business Overview:
This niche sporting goods business is turn-key and ready for the next owner. This profitable and high demand business offers guns, ammo, archery, reloading equipment and hunting gear. It enjoys specializing in long range shooting and thermal optics for the serious outdoors person.
This business is located on a major highway and is a “must see” for anyone seeking to enter this industry. This business is perfect for an entrepreneur with interest in this industry. Its revenue peaked in 2020 at $3.4MM (Covid) and is on pace to almost match that this year (2022). Inventory levels vary and is NOT included in the list price. The current inventory level is right at $2.4MM, but the current owner is in the process of working this down to a more manageable level. This family-owned business has been open since 2014. In the event the owners and manager are absent, there is an employee who can and does 'run the show.'
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Property Features and Assets:
The facility is adequate for current and future needs. Assets = $409,281
Market Competition and Expansion:
The competition in this industry is mature. With that said, this business has a larger inventory/offering - more than most others in the surrounding area. Potential for growth could be in online marketing, continue to build social media and other digital marketing avenues.
Reason for Selling:
The sellers would like to retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more South Dakota businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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