Gun Store with Training and Shooting Range
Lafayette, IN
| Asking Price: | $148,000 |
| Inventory: | $260,000 |
| Established Year: | 2003 |
| Cash Flow: | $125,000 |
| Rent: | $3,300 |
Listing ID: 2255264Listing provided by BizBuySell
BUSINESS DESCRIPTION
Local Gun Retail Store in Lafayette for sale. Training Room and Gun Range onsite. Only gun range in the area. Fully trained staff in place, including a manager. Owner is not available to spend as much time in the store as he would like, so he has decided to sell. Buyer will need to either assume his FFL or get their own, so you'll need to pass a background check, etc.
Great location and easy to get to. Close to the interstate and to Purdue. Plenty of parking.
Opportunities available to expand products or services, thus the revenue, as a new owner would like and can be discussed with a qualified buyer.
DETAILED INFORMATION
Location
Lafayette, IN
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
9,900
Lease Expiration
31/03/2025
Employees
5
Facilities
9,900 square foot facility with a 3 bay, 15 lane shooting range with complete HEPA air filtration. 5 lanes are available for rifles and higher velocity firearms. 1,120 square foot showroom and retail space. Offices, gunsmithing room, classrooms, and storage.
Competition
Good business overall with only one other gun shop in the area in a strip plaza with no range and no training classes. Rural King also sells retail in the area.
Growth & Expansion
Additional products can be added to the showroom, like safes, if you want to make room. Training classes can be expanded and promoted further. Selling online and promoting gun safety at local community events.
Support & Training
Current trained employees can run the business for the most part, but the owner manages and does the banking. We do not recommend it as an absentee-owner scenario though. Owner can be available for training in the evenings.
Reason for Selling
Other business interests
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