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Gun Shop & Indoor Range

NW Suburbs, Illinois

Asking Price: Gross: Cash Flow:
$150,000 $370,000 $92,000

Furniture and Fixtures Value:
$45,000 (included in the asking price)

Inventory Value:
$65,000 ( not included in the asking price)

Business Summary:
This business has been a mainstay in the community for over 30 years. Providing retail sales of new and used firearms and an indoor pistol range. It is supported by local law enforcement, shooting clubs, the Scouting community, gun enthusiasts and hunters. The range is a well known stop and has drawn customers from both Northern Illinois and southern Wisconsin since it opened in the mid 70's. This is a truly unique opportunity to own a well known and established business as well as a very nice opportunity for expanding the services and retail products sold to its large list of long-time customers. Please note that all buyers will be required to demonstrate their financial qualifications prior to receiving additional information on this listing.

 
   
   
Year Business was Established: 1977
   
Number of Employees: 1F/T & 5P/T  
   
Facilities / Terms of Lease: This 3000 sq.ft facility is located along a busy State Route and allows easy access. It consists of a retail sales area, gun repair workbench area, office and complete indoor pistol range. Rent is very reasonable at $2,657/mo including taxes!  
   
Potential Growth/Expansion: The retail sales area is large enough to support the sales of additional hunting paraphernalia, such as knifes, and bowhunting as well as paintball firearms and supplies. Packaging gun purchase & NRA certified instruction services for local high-end residential customers could add considerably to growth.  
   
Competition: This is a unique combination of new & used retail pistol, shotgun and rifle sales along with a complete indoor pistol range. The indoor range provides continuing cash flow throughout the year and draws both buyers and sellers of new & used firearms year around.  
   
Owner willing to finance: Seller would provide up to $25K financing to qualified buyer  
   
Owner willing to train: Seller will provide up to 4 calendar weeks of training and transition to the new owner  
   
Reason for selling: Retail burnout  
 

 

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