Interchangeable Multi-Caliber Takedown Firearm Mfg

Not Disclosed, OR
Columbia County

Foot hill of the Coast Range. 30mi. West of Portla

Asking Price: Annual Revenue:
$1,600,000 $2,689,000

Manufacturing: Metal Products

Request More Information
Contact the Seller

RE: Interchangeable Multi-Caliber Takedown Firearm Mfg Broker: Ladd McGowan
License #: 840700006

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $2,689,000
Net Profit: $495,000
Cash Flow: $495,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 14
BBN Listing #: 996728024
Broker Reference #: 490

Email or Print Listing

Request More Information
Contact the Seller

Business Overview:

The Company Founded in 1995, the company designs, manufactures, and sells guns in the US, Canada, and a few international countries. Since the introduction of the new lines in 2013, the company has changed its distribution system from individual sales to distributors and dealers. It continues to add larger active distributors and dealers each year.

In 2020, Canadian sales increased with the AR type ban there. One large distributor was replaced in late 2020 with a more active one. In 2019 Bass Pro acquired Cabela’s, which resulted in higher Cabela’s sales. In late 2017 the company cut personnel to match its current backlog. In January 2019 the company introduced a more
enhanced rifle, hired a seasoned industry VP of Sales, In 2015, Cabela’s (50 stores) and FGL Sports (200 retail stores) were added to the distribution channel.

NOTE: The Covid19 pandemic has created a demand for fire arms unprecedented. The Company is behind in its orders to the tune of 3000 rifles and pistols simply due to the fact that they cannot get parts fast enough and is outsourcing many of it parts. Once the parts problem is satisfied, the Seller anticipates his 2020 annual revenue to be in excess of $2,000,000 with Cash flow above $500,000.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The company is operated in a rural part of the state within 45 miles of the state’s largest city. The approximately 8,500 square foot (approximate size) manufacturing facility is approximately 30 years old and is of a wood frame construction with a metal roof. A second building is used to store barrels, box foam, and boxes. It is approximately 3,000 sq. ft. Both are located on approximately 5 acres of land owned by the Seller. The building and property are not for sale at this time. The current rent is $7,250 per month, triple net. The seller is willing to take $4,000.00 as rent payments after the sale. The building is divided into a machining area with 3 Haas machines, an assembly floor with wooden work tables, an R&D space and old weapon assembly room, a bluing, parkerizing, sandblasting & test fire room, and offices upstairs.

Market Competition and Expansion:

The Company faces significant domestic and international competition and its competitors vary according to product line. Certain of these competitors are subsidiaries of large corporations with substantially greater financial resources. a. Wise Lite Arms; Wise Lite Arms is a leading manufacturer of military style firearms. Their research and development team has successfully designed many sought after BATFE FTB approved 922r compliant converted semiautomatic machine guns and submachine guns for collectors, marksmen, and re-enactors. They have mass production capabilities and are able to provide firearms to both distributors and firearms enthusiasts. This competitor only sells this one product line. b. Central Wisconsin Armory; CWA specializes in the 50BMG Browning family of M2/M3 based belt fed weapons. Its Dragon M-50 has proven itself as the premier configuration for the 50 BMG Heavy Machine gun. This competitor only sells this one product line. c. Mechtech Systems, Inc.; manufactures a 1911 CCU system which installs a Glock pistol converting it into a rifle configuration. A CCU system is an 'upper' for an auto loading pistol. d. Kel-Tec CNC Industries, Inc.; manufactures 7 handgun models and 8 rifle lines. Rifles retail for 1.5 times The Company’s price. e. Colt Manufacturing Company; Colt is a primary US military firearms manufacturer. Colt’s rifles are the only rifles available to sportsmen, hunters and other shooters that are manufactured in the Colt factory and based on the same military standards and specifications as the United States issue Colt M16 rifle and M4 carbine. Prices vary by model and retail at twice The Company’s price.

Reason for Selling:

Tired of Administration-Will design.

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.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!