Over 3,000 Firearms Sold Last Year:$700K Inventory

Harrisburg, PA
Dauphin County


Asking Price: Annual Revenue:
$1,750,000 $4,125,752

Retail: Sporting Goods, Recreation


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RE: Over 3,000 Firearms Sold Last Year:$700K Inventory Broker: Jared Olson
Owner Financing is Available!
10% Buyer Down Payment $175,000 10% Seller Financing $175,000 80% Bank Loan $1,400,000

Quick Facts

Asking Price: $1,750,000
Annual Revenue: $4,125,752
Net Profit: Not Disclosed
Cash Flow: $565,940
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 6
BBN Listing #: 571734398
Broker Reference #: RTL010-H

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Business Overview:

Selling over 3,000 firearms last year, the seller is guaranteeing $700,000 in wholesale goods. 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. 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. 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 Square Feet 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 $1,750,000, with a 4-year average cash flow of $565,940 and a low multiple of 3.1 plus the 50% collateralized loan with $800,000 in guaranteed assets this business is primed for new ownership. While this company already works with 3 distributors, there is an opportunity for growth if a new owner expands their portfolio and utilizes the 9 remaining distributors the company has already built relations with.

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Property Features and Assets:

Assets*: $750,000 Inventory: Seller will guarantee that inventory will stay at 40% of the purchase price. At this price it would be $700,000. FFE: $50,000

Reason for Selling:

Approaching retirement.

Additional Details:

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

Documents:

Relevant Links:

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