South Central Indiana FFL Licensed Gun Shop For Sale N2162

Business Overview:

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•AccessoriesMoreover, 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. 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. It’s important to note that an FFL license is necessary to run the business.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 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!Investment Considerations: •Relocatable Business•Simple Business Model•Excellent Reputation•Typical Sales Transaction is $600 •Strong Customer Retention•75% of Sales are Return Customers•Relationships with Local Law Enforcement•Sizeable Inventory Included In Sale•Potential to Purchase Real Estate

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Property Features and Assets:

The seller leases 1,000 SF +/- with monthly rent of $250. There is ample street parking. The landlord is willing to approve the same rent for the new owner. Additionally, the landlord is open to the possibility of selling the real estate at fair market value.

Market Competition and Expansion:

Competition comes from area gun shops and sporting goods stores that sell firearms. However, the fact this gun shop is an FFL dealer coupled with excellent customer service is what keeps clients coming back. This gun shop is part of Indiana’s sporting goods stores industry. Over the years to 2028, the industry is expected to grow by an annualized rate of 1.5% to reach $1.2B. This is higher than the expected national rate of 1.3%.

Reason for Selling:

Retirement

Additional Details:

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