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RE:  Reputable Family-owned Firearms Contact:  Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $499,000
Annual Revenue: $1,042,360
Net Profit: $330
Cash Flow: $330,367
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: 2
BBN Listing #: 8177931
Broker Reference #: 10939

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Business Overview:

Reputable family-owned firearms retail store in a nice SF South Bay neighborhood generating about $300,000 cash flow, capturing many loyal recurring customers, local and afar. Highly profitable with gross margin 30% in-store, consignment, and internet sales with further growth potential and cheap $1,958/mo gross rent. Great selections of handguns, shotguns, long guns, and accessories. Super equipment with caged-in gun safes and all around security cameras and alarms connected to local police. No burglary or robbery nor sales traced to illegal discharge of firearms sold by this store since opening 10 years ago. Excellent book keeping and sales records. Seller is moving out of town and parents-employees are retiring. They can all train you for smooth transition. Asking only $499,000 including $150,000 inventory. 10939

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Property Features and Assets:

The current lease will expire on 6/20/2023, a new lease is available, Rent $1,693, NNN $265. Square feet 1,025, Inventory $150,000 included in the purchase price, Hours Tuesday thru Friday from 10 am to 5 pm, Saturday from 10 am to 4 pm, Closed Sunday.

Reason for Selling:

Moving out of town.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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