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Foundation Firearms
1310 E Eisenhower Blvd Loveland CO
Business Location: Colorado
General Description
Stand alone building on one of busiest corners in Loveland CO. The building has almost 5000 total sq ft upstairs and about 2500 sq ft in the basement. Front half of the building was built on the 60’s from precast concrete. The back half was added on in the 80’s from cinder block. Sitting on .41 acres with about 20 parking spaces. Added bonus, of the 5000 total sq ft about 1300 sq ft is office spaces currently leased out. Here is your opportunity to be an owner and a landlord.
Business Description
Established in 2011. Foundation Firearms is a retail store that has been a locally owned and operated. We started as a pawn / gun store for the first 10 years. Then went full time firearms about 2 years ago. Square footage for the store is about 3700 plus a basement space of about 2500 sq ft.
Assets For Sale / Business Opportunities
Included in the sale would be the building, all inventory, display cases, and wall displays. The last 3 years have been hitting around the $2,000,000 in sales with about a 32% profit margin. Inventory is about $200,000 and turned often plus all free and clear, no lines of credit. Part of this inventory is pawn inventory about $25,000 which is a licensee that could be transferred to the new owner. We have 6 people on payroll including ourselves the owners.