Category:
10939 - Miscellaneous
Location:
Northern California - South Bay
Business Description:
Reputable family-owned firearms retail store in a nice SF South Bay neighborhood generating about $300K cash flow, capturing many loyal recurring customers, local and afar. Highly profitable with gross margin 30%+ in-store, consignment, and internet sales with further growth potential and cheap $1,958/mo gross rent. Great selections of handguns, shotguns, long guns, and accessories. Super equipment with caged-in gun safes and all around security cameras and alarms connected to local police. No burglary or robbery nor sales traced to illegal discharge of firearms sold by this store since opening 10 years ago. Excellent book keeping and sales records. Seller is moving out of town and parents-employees are retiring. They can all train you for smooth transition. Asking only $499K including $150K inventory.
Inventory (included):
$150,000
9 Months Ended
9/30/2022
$912,243
(Sales)
$208,403
(Adjusted Cash Flow)
12 Months Ended
12/31/2021
$1,402,360
(Sales)
$330,367
(Adjusted Cash Flow)
12 Months Ended
12/31/2020
$1,151,451
(Sales)
$143,143
(Adjusted Cash Flow)
12 Months Ended
12/31/2019
$989,925
(Sales)
$108,135
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 0 | 2 |
Owners | 1 | 0 |
Hours of Operation
Tue - Fri: 10 AM - 5 PM
Sat: 10 AM - 4 PM. Sunday Closed
Licenses Required:
Monthly Rent Including NNN:
$1,958
Expires:
6/30/2023
Option:
No
Size(sq.ft.):
1,025
Type of Organization:
Sole Prop
Reason for Sale:
Moving out of town
Training:
2 weeks 20 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.