| Asking Price |
$650,000 | Inventory |
$225,000** |
|---|---|---|---|
| Gross Income |
$2,500,000 ttm | Real Estate |
$600,000** |
| Cash Flow |
$350,000 | Year Established | 1992 |
| FF&E |
$50,000* | Employees | 2 |
* included in the asking price
** not included in the asking price
This online firearms distributor can be located anywhere as 99% of sales come from the internet. The Company has excellent room for growth by expanding into other areas of its market. The Company has a solid customer base who are continually satisfied by the excellent product they receive. Inventory turns 9 times annually. The largest customer generates about $120k annually in sales and the top ten customers would all generate 7500 in sales and above. All paperwork and licensing for the Company is current and the Company maintains an excellent reputation with agencies governing the distribution of their products. The right buyer will have approx $200,000 of equity to put into this opportunity, as well as, online retailing experience. A marketing background would also be useful. The Seller is happy to assist in product knowledge training.
Facilities: The Company operates in 2400 s.f. of a 6000 s.f. building the seller owns. The remaining s.f. is leased to other tenants. For an owner who wants to keep operating out of the current location, the property is available for sale separately. The CF presented is shown after expensing rent.
Competition: The market is steady for this product and sales grow during periods of uncertainty. The Company currently focuses on one specific product line, but additional product lines could be added to expand the business. The Company gets approximately 25-30 orders daily during its slow months and 35-60 orders daily during its busy months. There are only a handful of niche suppliers in this company's space so competition is limited in it's niche.
Growth/Expansion: The business was started as a catalogue retail operation, but going to market trade shows allowed the owner to develop relationships with customers and the business moved to the internet. The Company is well-positioned to add expertise and other inventory types to expand their current offerings. The Company plays in a multibillion dollar industry and a buyer with strong online marketing should have a grand time taking this firearms business to several new levels. The business is very easy to operate. Take orders, ship products.
Financing: Owner will finance up to 10% for qualified buyers
Support/Training: The Seller will provide 30 days of training after the sale.
Reason Selling: Owner has other business interests and is bored with this biz

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