This business is a firearms retailer in the greater Houston area, with both a physical retail location and online presence. They sell firearms, shooting supplies, reloading supplies, gun cleaning and maintenance supplies, and field accessories, as well as other specialty products. The business has a strong reputation and loyal base of customers, offering new ownership an opportunity to benefit from the brand and reputation to grow further.
- Asking Price:
- $650,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $741,988
- Cash Flow:
- $110,199
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The business is operated out of a physical location in a strip center with approximately 2,500 square feet, which is used as the showroom and for retail sales, as well as storage of inventory. Customers are also able to place orders online.
Business Operation
- Expansion Potential:
-
It's important for gun and ammunition stores to stay informed about industry trends, regulatory changes, and customer preferences to adapt and seize growth opportunities effectively. Additionally, a focus on customer service, safety, and community engagement can contribute to long-term success in this industry. Some opportunities for growth include the following:
Expanding into new markets: expansion into new markets could be done by opening new stores in different parts of Houston or by expanding the online presence.
Offering new products and services: offer new products and services, such as firearms training classes or gunsmithing services.
Developing new marketing strategies: develop new marketing strategies to reach new customers, such as additional online advertising or new social media marketing campaigns.
Partnering with other businesses: partner with other businesses, such as shooting ranges or gun clubs, to cross-promote each other's products and services.
Getting involved in the community: expand involvement in the community by sponsoring local events or donating to local charities.
- Competition / Market:
-
The firearms and ammunition industry can be highly competitive, and a business must set itself apart by being trusted to provide quality information, products, and services, which this business has done. Typical competitors would include other independent gun stores, chain retailers, online retailers, sporting goods stores, and gun shows or events. This business focuses on specialized products, accessories, and supplies, as well and providing a solid knowledgebase and sense of community for firearms enthusiasts.
- Reasons for selling:
-
Seller wishes to focus on other full-time business.
- Trading hours:
-
Mon-Fri 10am-6pm; Sat 10am-5pm; Sun 12-5pm
- Employees:
- 4 FT
- Years established:
- 24
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$500K down/$150K over 120 mos. @ 8%.
- Furniture / Fixtures value:
- $20,000 - included in the asking price
- Inventory / Stock value:
- $360,000 - included in the asking price
