Fire Arms Range, Training Classes, and Sales

Kansas City, MO
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Asking Price:$400,000
Gross Revenue:$1,215,000
Cash Flow:$170,000
Established Year:2019
BUSINESS DESCRIPTION

(Due to only a few ranges and dealers in the KC area, the zip code is not correct in the listing for confidentiality purposes. The company is based in greater KC and the exact location will be provided with a signed NDA).

This great business is taking off and has many streams of revenue. From their range subscription option to self defense classes, the offerings are varied which includes sales and fire arms shows.

It is a regular practice to have current or ex policemen and military as instructors, and there is space and time availability in the building to add more classes.

The building will be sold with the business which is a great situation for the buyer as it allows a 25 year amortization instead of a 10 year if just the business.

The asking price for the business portion is $400k, but the building final price will be determined with the appraisal. The net seller's discretionary earnings is approximately $170k. Insurance and taxes on the building have been paid through the P&L but a buyer's mortgage principal and interest would need to be deducted based upon their own loan.


DETAILED INFORMATION
Location
Kansas City, MO
Inventory
Included in asking price
Real Estate
Owned
Facilities
The 2 story building offers multiple firing lanes, classrooms, offices, and retail space along with ample parking. The owner's preference is to sell the building with the business, but might consider leasing. The final price will determined with the appraisal.
Competition
The market is currently highly viable for this type of business and competition is somewhat limited. There is very little in this particular location.
Growth & Expansion
With the owner not being involved in the day to day or actively marketing the business through multiple channels, a new owner could ramp up the community involvement and education classes along with improved SEO, FB and social media advertising, and dealer show representation.
Support & Training
The owner is semi absentee, there is a manager who would most likely stay on board if desired. They would perform training along with the owner.
Reason for Selling
The owner is involved in multiple business and would like to get more focused on
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Julie
Rossi
Parkwest Business Partners
Julie Rossi