Firearm Retail & Range Business for Sale

General Description

Founded in 2013, this Eastern Iowa gun shop and shooting range has enjoyed significant growth since opening. With a great location and high visibility, it is the leading provider of gun sales, acquisitions and trades in the area. Its reputation for straight forward answers, a wide variety of firearms and excellent service has created a significant following and goodwill in the area.

This business offers gun safety and licensing classes as well as an indoor shooting for rifles, pistols and shotguns. The sixteen 25-yard lanes are state of the art and climate controlled. Open six days per week to the general public and offering memberships, this facility is equipped with everything a new owner needs to succeed. This opportunity is ideal for the gun enthusiast who wants to transition their passion into a profitable and fulfilling business. Property disclosures and financials available to pre-qualified buyers with bank letter of credit in-hand, a signed non-disclosure agreement (NDA).

FOR SALE AT $2,500,000

Business Description

Inventory: Averaging over $400,000, included in asking price but owner will carve out and adjust price for any inventory that buyer doesn’t want.

Real Estate: Included in asking price.

Furniture Fixtures & Equipment: Included in asking price.

Facilities: This business is located on a 2.84-acre lot with a high traffic count. 11,200 sq. ft. building with room to expand

Competition: Two main competitors for sales of firearms in the market area. There are no competitors for the shooting range and this business asset offers significant opportunity for revenue growth.

Opportunities for Growth & Expansion: Primed for growth by use of technology and social media marketing, inventory optimization, range memberships, firearms training, certification classes and shooting competitions.

Financing: Seller will consider partial financing to a qualified buyer.

Support & Training: Seller will familiarize new owner with operations. Length of stay and compensation to be negotiated.

Reason for Selling: Owner plans on retiring in the next 1-3 years.