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Eastern South Dakota Gun Shop For Sale

South Dakota, US
Asking Price:
$1,650,000 Furniture / Fixtures included
Sales Revenue:
$3,244,634
Cash Flow:
$307,082

This niche sporting goods business is turn-key and ready for the next owner. This profitable and high demand business offers guns, ammo, archery, reloading equipment and hunting gear. It enjoys specializing in long range shooting and thermal optics for the serious outdoors person.

This business is located on a major highway and is a “must see” for anyone seeking to enter this industry. This business is perfect for an entrepreneur with interest in this industry. Its revenue peaked in 2020 at $3.4MM (Covid) and is on pace to almost match that this year (2022). Inventory levels vary and is NOT included in the list price. The current inventory level is right at $2.4MM, but the current owner is in the process of working this down to a more manageable level. This family-owned business has been open since 2014. In the event the owners and manager are absent, there is an employee who can and does "run the show."

Property Information

Real Estate:

Real Property Included

Premises Details:

The facility is adequate for current and future needs.

Business Operation

Expansion Potential:

Potential for growth could be in online marketing, continue to build social media and other digital marketing avenues.

Competition / Market:

The competition in this industry is mature. With that said, this business has a larger inventory/offering - more than most others in the surrounding area.

Reasons for selling:

The sellers would like to retire and pursue other interests.

Trading hours:

Mon-Fri 9am-7pm; Sat 10am-4pm

Employees:
3 FT/3 PT
Years established:
8

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

A level two Federal Fire Arms license is needed to continue on with "business as usual." This includes a $200 application fee, $90 renewal fee, with a three year term.

Furniture / Fixtures value:
$34,281 - included in the asking price
Inventory / Stock value:
$2,400,000