Firearm Supply Store with Absentee Owner

Business Summary:
Selling over 3,000 firearms last year, the seller isguaranteeing $1,200,000 in wholesale goods. Theirinventory includes a wide variety of new and used firearmsfor sports, protection, and recreational use, plusammunition, scopes, sites, holsters, safes, and more. Theyoperate a beautiful and large shop over 3,000 Sq. Ft. with alot of storage space for secured inventory. Anotherincredible asset of the business is the well-trained andexperienced team who all have a long tenure within thecompany. The general manager of this company fullyhandles business operations, including online sales, whichallows the business to be passively owned. The revenue,both online and in store, is generally split evenly betweenthe sale of firearms and accessories. Their diverse outreachof customers includes local law enforcement agencies, firstresponders, military personnel, hunters, recreationalshooters, people wanting to protect their home. With adecade of experience in the firearms industry, they are afull-service business offering services like firearm sales, guntrading, gunsmithing & cleaning to prepare firearms for offseason storage, scope installation, night sight installation,cleaning, reassembly, and function checks of firearms.Priced at $1,900,000, with a 4-year average cash flow of$563,292 and a low multiple of 3.1, plus the 80%collateralized loan with $1,250,000 in guaranteed assets,this business is primed for new ownership