Firearms Store & Range plus Real Estate

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Firearms Store & Range plus Real Estate
Asking Price: $1,660,000
Gross Revenue: $990,356 (2020)
Seller Discretionary Earnings (SDE): $199,936 (2020)
Employees: 8
FF&E: $200,000
Inventory:

$75,000

Description

Popular and profitable gun shop and range along the Grand Strand.

 

Full-service Type 7 FFL license holder. Besides retail and range this business provides education and training, gunsmithing, custom builds, and suppressor sales

Low owner involvement. Two managers in place plus an additional staff of six that handle all of the retail, education, and service aspects of the business.

The building was custom constructed in 2016. The range is fully computerized and has a state-of-the-art HEPA air filtration system. It was appraised in February 2021 for the asking price of $1,210,000.

The asking price for the business portion is $450,000 and is based on anticipated 2021 results.

The provided financial information in this listing is based upon the full year 2020 results. The cash flow figure does not include the rent that buyer will use to service real estate purchase debt.

Full financial and marketing package available to qualified buyers. If you are not already a FFL license holder, please research requirements before submitting an inquiry.

 

Contact Scott C. Hopper for more Information 843/343-5765 or SH@CharlestonBusinessBrokers.com.