Firearms and Ammunition Dealer – Intermountain West

Salt Lake City, UT (Salt Lake County)

Seller Financing Available
Firearms and Ammunition Dealer – Intermountain West

Asking Price:$13,250,000

Cash Flow:$1,075,000

Gross Revenue:$10,500,000

EBITDA:N/A

FF&E:$500,000

Inventory:$4,100,000

Real Estate:$6,000,000

Established:2003

Firearms and Ammunition Dealer – Intermountain West

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Business Description

Absentee Owned and Managed - 10+ Years Successfully in Business

The business was founded in 2003 in the Intermountain West. This staff is experienced and knowledgeable about firearms, including handguns, AR15s and other assault style weapons as well as training. They are the Intermountain West’s largest independent retailer with multiple locations. Their facilities also have the finest gun ranges in terms of modern technology. The business offers monthly educational courses such as Concealed Carry Permit, 1st Shots, Basic Handgun, Women's classes and more. This is a rare opportunity to own turn-key business in the firearms industry. The business includes the real estate for all locations and a large and very marketable inventory of salable firearms. The current owners manage the business absentee.

(The Business has a lender pre-approval for a qualified buyer)

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All locations have shooting range facilities with a large amount of capital expenditures allocated to the retail inventory, equipment and gun ranges, making this a truly turnkey operation for the new owner(s). All locations are strategically located for ease of access. The assets consist of commercial real estate, firearms, ammunition, accessories, range equipment and signage. All equipment is in good working condition
Competition:
While there is competition, there are also high barriers to entry, especially for a dealership of this size. .
Growth & Expansion:
There is an opportunity to increase revenue through classroom training and E-Commerce. For example, advanced concealed carry classes can be offered in addition to the many other new programs available. Their current Shooting Range revenue represents approximately only 10% of total revenue. They believe that target marketing of their customer base and local communities could double the Shooting Range revenue. The current owners have also done site selection for several other stores, which they believe have the right demographics and would allow the business to further spread its overhead. Finally, recent investment has been made in a high-quality e-commerce site and the results are starting to show. The current owners believe this will be the businesses’ largest area of revenue growth in 2017.
Financing:
1,000,000.00
Support & Training:
4 weeks
Reason for Selling:
Pursuing Other Interests

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Luke Hoffman

Business Listed By:
Luke Hoffman

Transworld Business Advisors of Utah

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Sponsoring Broker:
Saul Komisar

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