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Gun Shop

Midwest, Monroe County, Indiana
Listing ID 278
Asking Price $50,000
Cash Flow N/A
Revenue $164,000

Summary

Are you a firearms enthusiast looking for your next move? Then this South Central Indiana FFL licensed gun shop is for you! Fully licensed, it provides a wide variety of long guns, handguns, and accessories. These include:
Rifles
Shotguns
Handguns
Ammunition
Accessories

Moreover, their inventory is so large, it exceeds big box and local competitors! As well as a wide range of products, they offer top notch customer service, too. It’s no wonder customers constantly refer them. In addition to retail customers, they also serve local law enforcement.

Sales come from both new and returning customers. New customers come primarily from referrals. However, having an FFL license draws in customers, too. It is important to note that the shop has a strong repeat business. Around 75% of sales come from returning customers. Customers typically spend about $600 per visit. Both long guns and handguns make up 40% of sales. Accessories make up the remaining 20%. Business remains steady year round however, sales increase around hunting season.

Situated on a major roadway, many customers find the location convenient. Instead of traveling 50 miles or more to the nearest big box dealer, they stay closer to home. It’s also easier for them to order firearms from the Seller or online and pick them up at the shop. The Seller currently leases the shop space at a very reasonable price. The landlord is willing approve the same amount for a new tenant. Additionally, the landlord is open to selling the real estate at fair market value. However, the business is relocatable. A new owner can operate it from a different location.

This business is perfect for an owner operator who is hands-on, business savvy, and loves firearms! Additionally, it’s a great add-on acquisition for another gun shop. Contact us to today to find out more!

Financial Information

2024 YTD revenue

N/A

2023 Revenue

$164,000

2023 Cash flow

N/A

2022 Revenue

$132,000

2022 Cash flow

N/A

Value Metrics

Asking Price / Revenue (2023)

0.30

Asking Price / Cash Flow (2023)

N/A

Cash Flow / Revenue (2023)

N/A

Facility Information

Is the facility owned or leased?

Leased

Is the facility available to the new owner?

Yes

The facility area

1000 ft²

Monthly rent (including CAM)

$250

Additional Information

Reason For Sale

Retirement

Location

Midwest, Monroe County, Indiana

The Seller financing is available?

Yes

Inventory included

No

Employee Information

Full-time employees

1

Part-time employees

There are ample employees. With the exception of the Seller, it is not anticipated that there will be any employee turnover as a result of a sale:

No

Equipment Information

Details

The company’s equipment is in good condition. A detailed list of assets will be included in the sale. It is available upon request.

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