Exclusive Firearms & Ammunition Retail Business for Sale

Jeffersonville, IN
Asking Price:$1,500,000
Gross Revenue:$1,525,000
Rent:$14,417/Month
FF&E:$193,200
Cash Flow:$200,000
Inventory:$941,000
EBITDA:$175,000
Established Year:2006
BUSINESS DESCRIPTION

Upscale Firearms Retail Business with tremendous growth opportunity !!

This is a lifetime opportunity to purchase a luxurious firearm, ammunition and accessories retail business. The store building was custom built for the current location less than 2 years ago. The store is located in a busy retail center with restaurants and other businesses only 10 minutes from Louisville, Kentucky. The display floor cabinets are hand crafted with glass countertops. The customer check-out island is custom built with cabinets and granite countertops. The store has abundant shelf space for hundreds of firearm item displays. The Kentuckiana area is the 43rd largest metropolitan statistical area in the United States with a population of 1,395,855 in 2020 according to the latest official census. Current inventory includes top brands of firearms including Glock, Ruger, Smith & Wesson and many more. Strategic marketing efforts and e-commerce solutions could generate explosive growth and profitability for the store.

The building is leased and terms will be disclosed to potential Buyers.


DETAILED INFORMATION
Location
Jeffersonville, IN
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,720
Lease Expiration
01/08/2032
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The property is on 1.54 acres with ample parking in the front and back of the store. The building is 6,720 square feet with large ceilings throughout. The retail space is approximately 85% of the building with a storage area, 1 restroom, 2 maintenance closets, and 1 office representing the remaining space. The storage area contains industrial shelving for inventory. The custom displays, check-out island, and shelving are described above in the listing. Several computer workstations are wired and set-up in the building.
Competition
See business description.
Growth & Expansion
See business description.
Financing
Not applicable.
Support & Training
The Seller will discuss any training needs with the Buyer as part of the purchase agreement.
Reason for Selling
Owner asset portfolio spin-off.

BUSINESS LOCATION
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