Price:
$
16,100,000
Highest Volume Gun Retailer in NJ! 2 Million Net/yr! 23 Acres!
Highest Volume Gun Retailer in NJ! 2 Million Net/yr! 23 Acres!
Ocean County, New Jersey
$
16,100,000
Qualified Buyers Only. Proof of Funds 5MM Liquid Required.
This company is a sportsman’s one-stop-shop for guns, ammunition, archery, home safes, outdoor gear and apparel, plus much more! This business offers an expansive 25,000 sq ft building stocked with thousands of premium products to cater to the hunting and outdoor enthusiast. The spike in demand for personal protection has widened the customer base which extends to all parts of NJ and PA. The business also provides an on-site shooting and archery range with 17 lanes of indoor shooting with a state-of-the-art ventilation system and automatic retrieval on all lanes. Additionally, there are 16 outdoor lanes, each having 150 yards in length for long rifle shooting. They also offer indoor and outdoor archery ranges. The property is located off of a major interstate on a 23-acre tract of land, prime for expansion and growth as 40% of the land is undeveloped. Revenue can easily be increased by adding other outdoor lines such as camping, boating, ATV’s, etc. The property was appraised at 7.1MM in 2022 and there is 5.5MM of inventory. The asking price is only 1.3x asset value. Full Confidential Memorandum including financials, appraisals, and tax returns will be provided upon receipt of signed NDA and Proof of Funds.
Map
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Listing Details
Highest Volume Gun Retailer in NJ! 2 Million Net/yr! 23 Acres!
Location:
Ocean County, New Jersey
Down Payment:
$
16100000
Down Payment: $ 1610000
Sales:
$
17356602
Sellers Discretionary Earnings:
$
2295010
Furniture, Fixtures, and Equipment:
$
600000
Employees:
35
Year Established:
2013
Reason for Selling:
Retirement
Disclaimer: The numbers are current estimates and are subject to change.
Business Description
Qualified Buyers Only. Proof of Funds 5MM Liquid Required.
This company is a sportsman’s one-stop-shop for guns, ammunition, archery, home safes, outdoor gear and apparel, plus much more! This business offers an expansive 25,000 sq ft building stocked with thousands of premium products to cater to the hunting and outdoor enthusiast. The spike in demand for personal protection has widened the customer base which extends to all parts of NJ and PA. The business also provides an on-site shooting and archery range with 17 lanes of indoor shooting with a state-of-the-art ventilation system and automatic retrieval on all lanes. Additionally, there are 16 outdoor lanes, each having 150 yards in length for long rifle shooting. They also offer indoor and outdoor archery ranges. The property is located off of a major interstate on a 23-acre tract of land, prime for expansion and growth as 40% of the land is undeveloped. Revenue can easily be increased by adding other outdoor lines such as camping, boating, ATV’s, etc. The property was appraised at 7.1MM in 2022 and there is 5.5MM of inventory. The asking price is only 1.3x asset value. Full Confidential Memorandum including financials, appraisals, and tax returns will be provided upon receipt of signed NDA and Proof of Funds.
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Transworld Business Advisors of the Coachella Valley -DRE# 02120938 are proud to present a fast growing and highly profitable firearms retail store. Demand is strong and growing in the firearms industry as uncertainty in the world encourages protection. Located in Riverside County in a high traffic area near a popular range and busy freeway, sales are consistent and growing as the market share increases. The store provides firearms and accessories to Military, Law Enforcement, and law abiding civilians. A well trained staff helps to take the anxiety out of shopping for a firearm. Rave customer reviews reflect the customer service ethos and strong industry training of the team. Many customers ask if the business is a franchise. While this is the only store, Transworld Business Advisors can help a new buyer create a franchise out of the business model in the future. The store is located in a high traffic modern strip center. Permits are required to own and operate a firearms business are in place. A new owner would need to be verified by federal, state and local regulators. Some seller financing may be available to support an SBA loan. Proof of funds is required prior to receiving any financial information on this business.
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This is a once in a lifetime opportunity to own your own indoor shooting range and firearms sales shop. The only such facility in the county. The build out includes 10 lanes/alley suitable for handguns and rifle use. The cost in today's market to build out a shooting range is about $150k per lane! About half the sales are from the range and the other half from the sale of firearms. Beautiful build out with all the required details for such a range. The price INCLUDES $700,000 in inventory, allowing any new buyer to make money from day 1. Great lease and loyal customers. Many ways to expand and grow the business.
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Sellers Discretionary Earnings:
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Transworld Business Advisors of the Coachella Valley -DRE# 02120938 are proud to present a fast growing and highly profitable firearms retail store. Demand is strong and growing in the firearms industry as uncertainty in the world encourages protection. Located in Riverside County in a high traffic area near a popular range and busy freeway, sales are consistent and growing as the market share increases. The store provides firearms and accessories to Military, Law Enforcement, and law abiding civilians. A well trained staff helps to take the anxiety out of shopping for a firearm. Rave customer reviews reflect the customer service ethos and strong industry training of the team. Many customers ask if the business is a franchise. While this is the only store, Transworld Business Advisors can help a new buyer create a franchise out of the business model in the future. The store is located in a high traffic modern strip center. Permits are required to own and operate a firearms business are in place. A new owner would need to be verified by federal, state and local regulators. Some seller financing may be available to support an SBA loan. Proof of funds is required prior to receiving any financial information on this business.
Down Payment:
$2695000
Sellers Discretionary Earnings:
$491343
Firearms
This is a once in a lifetime opportunity to own your own indoor shooting range and firearms sales shop. The only such facility in the county. The build out includes 10 lanes/alley suitable for handguns and rifle use. The cost in today's market to build out a shooting range is about $150k per lane! About half the sales are from the range and the other half from the sale of firearms. Beautiful build out with all the required details for such a range. The price INCLUDES $700,000 in inventory, allowing any new buyer to make money from day 1. Great lease and loyal customers. Many ways to expand and grow the business.
Down Payment:
$2200000
Sellers Discretionary Earnings:
$404374