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Army/Navy-Guns and Ammo Store-37 year History

Suffolk county, New York

Asking Price: Gross: Cash Flow:
$199,000 $260,000 $92,000

Furniture and Fixtures Value:
$20,000 ( not included in the asking price)

Inventory Value:
$85,000 ( not included in the asking price)

Business Summary:
This long established Army/Navy store has become available! Don't let it get away. If you have been thinking of starting a store like this, this is your chance. Guns and Ammo make up some of the revenue, high margin specialty clothing and accessories make up the rest.

 
   
   
Year Business was Established: 1980
   
Number of Employees: 1  
   
Facilities / Terms of Lease: This 1,750 SF retail location is on a busy main road with parking both front and rear. It is a long time fixture in this area with a great clientele following. The Landlord is very flexible to the new owner and is willing to offer a new 5/5 yr lease.  
   
Potential Growth/Expansion: The owner has no online presence, this can be taken to the next level with an e-commerce component and some online marketing. Guns and Ammo can be marketed more to increase revenues n this area.  
   
Competition: Very Little  
   
Owner willing to train: Owner will provide 2 weeks of on-site training  
   
Reason for selling: Retiring  
 

 

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