Well Established Firearms Shop For Sale

Falls Church, VA (Falls Church City County) (Relocatable)

Well Established Firearms Shop For Sale
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Asking Price: Get Financing: $225,000

Cash Flow: $59,931

Gross Revenue: $595,413

EBITDA: $120,000

FF&E: N/A

Inventory: $50,000*

Lease Rate: $2,125 /Month

Established: 2013

*not included in asking price.

Well Established Firearms Shop For Sale

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Business Description

This well established gun shop has a great location inside the beltway and proximity to Washington, DC. The business is very well known with the Embassies and DC residents and they are extremely familiar with the additional processes necessary to transfer firearms to those residences. About half of the revenue comes from retail sales and the other half from online sales.

Revenues peaked at $1.7M in 2016 before the partnership was dissolved. A new owner could increase revenues again by increasing the inventory and marketing.

This is an excellent opportunity for an existing gun shop owner to step in and take over a great location with low rent and a lot of upside. Cash flow is an estimated 10% of revenues and adjusted cash flow is close to 20% of revenues.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
2/28/2021
Employees:
3
Facilities:
The business is located in a 1,500 SF retail location. The rent is $2,125 per month which is very low for Falls Church.
Competition:
Normal market competition. Great location and low rent.
Growth & Expansion:
Increase inventory and marketing.
Support & Training:
The seller will provide support and training to a new owner.
Reason for Selling:
Other business interests.
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(from currently available funds)
 
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Brett Shankle

Business Listed By:
Brett Shankle

Atlantic Business Brokers, LLC

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