Firearms Store & Range plus Real Estate

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Asking Price: $1,300,000 + inventory
Gross Revenue: $689,602
Seller Discretionary Earnings (SDE): $62,831
Employees: 7
FF&E: $200,000
Inventory:

$75,000

Description

Upscale gun shop and range

Bright and modern this full-service range and gun shop, which opened in 2016, shows pride of ownership. In addition to the range and retail sales, education and training, gunsmithing, custom builds, and suppressor sales are offered.

Very low owner involvement. Two managers in place plus an additional staff of five that handle all of the retail, training, education, and service aspects of the business.

Five lane range is fully computerized and has a state-of-the-art HEPA air filtration system.

In truth, the business is underperforming. New ownership with an understanding of retail will see plenty of opportunity to significantly increase sales. For example, the range closes at 5:00 every day and the store at 6:00. Extended hours of operation will increase sales.

Inventory is not included and must be purchased separately at cost at closing.

The SDE figure does not include rent or occupancy costs that the business pays in full.

Full financial and marketing package available to qualified buyers. A Type 7 FFL license is needed. If you are not already an FFL license holder, please research requirements before submitting an inquiry.

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