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New & Used Firearms, Ammunition, Accessories
Location: United States -> Iowa
Industry: Retail > Other Retail




Business Summary

This retail firearms store is located in western Iowa however, they have a lot of business activity from Nebraska and hunters often visiting from South Dakota. In addition to a large selection of new and used guns, they also sell ammunition, optics, knives, and accessories. They are an authorized dealer of Glock, Sig Sauer, Rock River Arms, Springfield, Mossberg, Ruger, Marlin, Henry, Remington, Bushmaster, STAG, and more. This business has a great reputation within the community as well as a large customer base. There is plenty of opportunity for growth in this company with many avenues of expansion that could boost profit.

This firearms company has been in business since 2002 with the current ownership. After years of hard work and dedication to building this business, the current owner has decided to retire and let a new owner take it to the next level. This Iowa based business is a great opportunity to take a business that is already successful and build on that foundation to secure your future. This owner-operated business is managed in a hands-on fashion, giving the owner full control over the quality of products and the customer service provided. Out of their total revenue, 70% comes from firearm sales, 10% from ammunition, and 10% from accessories. This company offers a new owner a successful business with stable revenues. For more information on this listing, contact us today. Equipment and inventory included in the sale, more details available upon inquiry.

Asking $625,000.00. 80% repeat clientele. 1) The business currently has 4,750 sq ft of space on the ground floor on a 25’ x 100’ lot in a high traffic area. Everything in the building has been remodeled or updated. This two story building includes retail and storage space and is owned with an option to lease or purchase. 2) The property includes three rented apartments with income going through the company. More details available upon inquire.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $859,000
Cash Flow:   $54,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $375,000
Seller Financing:  Yes

About The Business

Year Established:  2002
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Key employees will most likely stay after transition. The owner is available for a reasonable transitioning period.
Reason For Selling:  Approaching retirement.

Photos

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New & Used Firearms, Ammunition, Accessories Photo 1 New & Used Firearms, Ammunition, Accessories Photo 2




Print Listing Id: 700230230
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Also See: Franchise Opportunities > Franchise Resales > Iowa Businesses For Sale > Iowa Franchises For Sale > Iowa Business Brokers



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