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I'm thinking about opening a firearms store
I recently began investigating getting an FFL to import and deal in firearms. I wanted to get the import license so I could bring in a certain line of beautifully crafted bolt-action rifles not currently available in the USA. Although this would still be a goal of mine, I started thinking about opening a gun store with a very narrow focus.
"The Ready Patriot Armory" 6 calibers - 15 firearms - 9 manufacturers. The essential firearms to equip patriots to defend their home and their country. Guns for the good guys - so they can shoot the bad guys. "The Second Ammendment: Use it, or lose it." How would a store like this play in the public? What if I made no bones about it that I sold guns specifically to shoot people in order to defend life and liberty. I have a feeling it would be strongly polarizing -- drawing protests and legal action to shut me down, but also garnering a strong following of libertarian-minded patriots. My goal would be to stock a narrow offering of the best value (quality + affordability) firearms in the essential calibers. I don't want to sell just the highest quality, but I want to sell quality firearms that average Joe's can afford. I would be like the "soup nazi" of gun store owners - either agree with my choices and buy something, or shut up and leave. WOULD YOU SHOP AT MY STORE? Here is my current narrow list of offerings along with estimated retail price (I would be selling on small margin): .22 LR LONG RANGE BOLT - Savage Mark II FV (synthetic, heavy barreled with Acutrigger) - $235 http://www.savagearms.com/images/fir...m/markiifv.png BACK UP CONCEALED - North American Arms Holster Grip mini-revolver - $205 http://www.naaminis.com/pix/hg1t.jpg SURVIVAL - Henry US Survival AR-7 in black (light-weight barrel and action stows in stock; and it floats!) - $200 http://www.henryrepeating.com/images...urvival_lg.jpg HIGH CAPACITY - Ruger 10-22 Full-Contour Synthetic (black) - $205 http://www.ruger-firearms.com/produc...mages/1151.jpg SUPPRESSED - Sig Sauer Mosquito Tactical Threaded - $355 http://www.sigsauer.com/upFiles/cata...B-detail-L.jpg 5.56 NATO LONG RANGE BOLT - Savage Stevens 200 - $325 http://www.savagearms.com/images/fir...ns200short.png COMPACT AR - DPMS Panther Lite 16" CAR-15 w/ M4 stock - $700 http://www.rrarms.com/cat_images/GRFA2-L16.JPG TARGET AR - DPMS Panther Bull 20" - $850 http://www.rrarms.com/cat_images/GRFA2-BULL20-A3.JPG 7.62x39 AK-47 CARBINE - New USA built Century International Arms in black synthetic - $400 http://www.centuryarms.biz/images/Ri...L_RI1515-N.jpg AK-47 PISTOL - New USA built Century International Arms Romanian Draco - $400 http://www.centuryarms.biz/images/Ha...20&%201845.jpg 7.62 NATO LONG RANGE BOLT - Savage Stevens 200 - $325 http://www.savagearms.com/images/fir...ns200short.png SEMI-AUTO MBR - DPMS LR-308B 18" - $950 http://www.rrarms.com/cat_images/GRFLR-308B.JPG 12 GAUGE TACTICAL SEMI-AUTO - Mossberg 930 SPX Tactical - $630 http://www.budsgunshop.com/catalog/i...1/58/58489.jpg DEFENSIVE PISTOL GRIP PUMP - Mossberg 500 Cruiser Tactical - $340 http://www.budsgunshop.com/catalog/i...1/54/54553.jpg 9mm OFFICIAL ISSUE PATRIOT SIDEARM - Glock 19 - $550 http://www.budsgunshop.com/catalog/i...1/73/73204.jpg I will only sell accessories directly related to those firearms I carry. Including duty ammunition (Federal Hydrashock / Tactical Bonded / Premium) as well as practice ammunition (Like WWB, Blazer, or mil-surp). NO OTHER ACCESSORIES. My goal is strictly to arm law-abiding patriots with ARMS (not sporting goods) for defending their homes and their country from the "bad guys" (no matter where they come from). So, what do you think? Is my list thorough enough? What would you substitute that could improve on the VALUE of my offerings (quality + affordability)? |
Re: I'm thinking about opening a firearms store
Here's hoping you do well...if you decide that you like having F-Troop crawling up your ass every other day.
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Re: I'm thinking about opening a firearms store
I found a small store front (400 square feet) across from the police station in a town 15 miles outside of La Crosse, WI, for $200/month. Even though the population of the town is less than 5,000, there is a population in a 30 mile radius greater than 100k. I think there would be enough people willing to drive a up to 30 miles for good deals on firearms that are unavailable elsewhere.
Around here there are "sporting good" gun stores with all sorts of hunting guns. Occasionally you run across the used AR, SKS, or AK. Based on what I saw living in Colorado (at Jensen Arms in Loveland) people will drive a great distance for a fair deal on arms (not "guns"). PS - My wife is freaked out about the idea -- she doesn't think I'm organized enough to keep up with all of the FFL paperwork. She thinks I'll get myself in trouble with the BATF accidentally. I'd like to think she is wrong, but I have to admit I do better with "big picture" ideas than details. |
Re: I'm thinking about opening a firearms store
I would say open your AR selection just a little bit.
It seems most hardcore AR dont care for Olympic Arms alot, you may lose some support for dealing only with them. And i hate to ask, but where are the Glocks? |
Re: I'm thinking about opening a firearms store
Nvm, I'm stupid about the Glocks, sorry.
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Re: I'm thinking about opening a firearms store
I want to limit the number of manufacturers with which I deal so that I can get better quantity discounts. I admit that I prefer RRA or DPMS, but I'm really trying to find the best price point, not the top quality. What brand AR do you think would be a better offering? I want one CAR-15 (16" - prefer M4 collapsible stock) and one flat top A2 (20" - free float).
I can't think of a more practical defensive weapon than the compact, high-capacity, 9mm Glock 19. The caliber is the perfect "value" - a balance of low cost, high availability, significant power, and high capacity. The G19 is just big enough to pack a wallop, but just small enough to conceal comfortably. No other sidearm offering is NECESSARY in my book (although I actually like the CZ P-01 more!). |
Re: I'm thinking about opening a firearms store
Good idea, but with the thin margins on firearms, you probably won't be making much of a profit, or just cover your overhead. Is there a large enough population in your area to support such a store?
Cleaning supplies? |
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Re: I'm thinking about opening a firearms store
what state?
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Total retail price for all 16 of these fabulous fire arms is only $7,070! Now THAT is a value!
I just KNOW Twisted Avatar will be my #1 customer ;) ... but Argent Dragon might be close behind (if it wasn't for his great love of peculiar and unique firearms). |
Re: I'm thinking about opening a firearms store
I would scratch the Olympic Arms, and look into something else. AR-philes tend NOT to hold them in high regard. Maybe Double Star or Stag?
And how viable is the gun market in Wisconsin? What would be your nearest competition? I live in a small town and the 2 local gunshops are straight-up retail, and I doubt they do much business, except among the occasional rancher/hunter/bowhunter. So, I drive either 2 1/2 hours one way or 4 hours the other way to buy what I need. |
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Re: I'm thinking about opening a firearms store
I'm not a fan of Stag, but after looking at the DoubleStar it doesn't look like too much of a cost increase if the quality is significantly better. However, only Olympic has that awesome pistol without the recoil tube.
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Re: I'm thinking about opening a firearms store
I think you've got a great cross-section of firearms, what do you have in mind for stocking levels? Inventory can make or break you. The only additions I would recommend would be a hunting 12 gauge shotgun, Rem or Mossberg, nothing really expensive and maybe a .357 revolver.
LaCrosse, I don't know about the location, but you could draw from both IA and MN, if you advertise. Best of luck to you!!:ok: |
Re: I'm thinking about opening a firearms store
I'm not sure if I would be allowed to sell to bordering states or not. When I was in Colorado that was the case, but I know Wisconsin is a lot stricter on guns than Colorado.
No hunting guns -- doesn't fit with my purpose. Inventory will be the tricky part. The market is finicky enough that if I run out of stock it can take a lot to get replenished. On the other hand, it will take and tie up a LOT of capital to stock 10 of everything (@ $70k). That isn't happening without a loan. I have thought about starting out by selling online until I can get enough capital to keep a store stocked. |
Re: I'm thinking about opening a firearms store
It sounds do-able. I like the chosen calibers and most of the firearms although I personally shy away from Century and Olympic Arms. DTI might be better for budget AR15's, better reputation. I would avoid "tactical" furniture on shotguns, they really don't add much utility.
You would definitely have to get into the detail mode to do the paperwork and avoid any proof-of-residency issues etc. I doubt it would be a very profitable venture. Most small gun dealers do it because they have a passion for guns/gun culture. But if you have few other money making opportunities and time on your hands go for it. People skills come in handy if you have them, but plenty of gun dealers don't have any. If there was a GIMer ffl around here I would give them by business! "How many one ounce Prospectors would ya have to have fer that AK?" |
Re: I'm thinking about opening a firearms store
The gun shops around here that can keep stuff in stock are SWAMPED, I think if you're willing to jump through the hoops it can be done. My guy is a kitchen table FFL, stocks very little has no retail location and he's made a killing the last couple years. So much so he plans on getting a retail location. His thing is knowing where to get stuff. When I call him and ask him if he can get something he works his butt off to find it. Setting up the contacts, suppliers, etc, etc... would prolly be the most important part after jumping through the ATF hoops.
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I agree that the best gun stores I've been in have had a "take-no-crap" attitude. Maybe they could get away with it because their sales were just that good. |
Re: I'm thinking about opening a firearms store
I think most people have a set gun they want to purchase, and by you not stocking it you are greatly limiting your profits
Best of luck |
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I agree with Wilhelm to a point; not stocking isn't an issue if you can order it.
Also, a big NO to the CETME but a big vote for practically any other .308. Maybe a Saiga 308 to stay in the same price range? |
Re: I'm thinking about opening a firearms store
Also, too many .22 firearms, imho. A 10/22 and a mosquito (suggest walther p22 as alternative) are plenty for that caliber.
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Why not the CETME? |
Re: I'm thinking about opening a firearms store
I would visit your store for a look. Problem is that I already know what I want, and if you don't sell it, then I am not coming.
If you get a new to guns person armed. He or she is only likely to come back one or twice. The reason is they will be bored with your selection. They will then go to the big gun store in the next town where they can enjoy lots of eye candy. I would think you would be better served by selling lots of stuff to keep the same customers coming back again and again. I do think that "arming the patriot" would be a great sales line, but I will want to shop at a store that that has selections not dictations. Just my 2cents.... |
Re: I'm thinking about opening a firearms store
you may be right
I've noticed in my business more and more people have researched the internet and right or wrong they have formed an opinion before they come to me, a trend I see continuing. That's a very good list of guns, I own two of them Have you looked into whether those manufacturers offer quantity discounts? |
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