$1,100,000.00
Asking Price
Address: Bakersfield,
Status: Active
Posting ID: 273204
8/5/23
Description
They offer a vast array of new and previously owned firearms, that also includes a variety of consignment firearms. They serve the needs of a broad customer base including sports men and women, collectors, law enforcement, military, and general firearms enthusiasts. The store also carries a large selection of ammunition, optics, gun safes, cases, holsters, and knives, as well as many hunting and shooting accessories.
It is a very well-established and iconic brand in the industry and a very high- profile member of the community ---Outstanding location in the city center with easy access, high visibility and great parking ---A diverse and wide customer base throughout the community and a state, including serving families for generations The current ownership has been in place since 1999 with a focus on providing superior customer service, a large selection of quality firearms and accessories and an experienced staff to service their diverse customer base. They provide extensive knowledge of the industry and also provide all the necessary support services through their gunsmithing department including cleaning, repair and restoration.
Year established: Current ownership since 1999, originally founded 1965 Reason selling: Retirement Employees: 7 including owner Equipment: Sale will include all racks, shelving, counters, one gun safe, and standard service equipment. Personal equipment and gun collection, as well as personal gunsmith tools, will be identified and are not included in the sale. The equipment also includes an Ultrasonic cleaner, L&R Ultrasonic Generator with SweepZone Technology and heater. This unit is large enough to clean most rifles and shotguns without major disassembly. Inventory: The price includes $280,000 in inventory, at cost. The price will be adjusted depending on the actual inventory on hand at the close of escrow Facility: Approximately 2500 square feet building including retail store front, gun cleaning/repair area and storage/warehouse in the rear. Two parking spaces on site and street as well as additional parking in in common in the adjacent large lot. Square footage: 2500 Rent and lease terms: Business owner also owns the real estate and rent is .90 per square foot on a triple net basis. A lease term and conditions to be negotiated. (Sale of real estate will be considered on a case-by case basis) Location: The location is centrally located for the market, on a major North/South street, easily accessible with high visibility. The building is approximately 2500 square feet situated on approximately 4,356 square foot parcel. There are two parking spaces on the parcel with virtually unlimited parking in the surrounding lot shared with another owner (Parking spaces and access to the surrounding lot are in common with adjacent owner and guaranteed with a recorded easement agreement). Growth: One significant area of improvement is already under way with the transition to EPICOR and implementing a complete 'point of sale' system from inventory to sale.
From a growth standpoint, while repeat/referral is the core of their current revenue, developing a comprehensive advertising (especially social media) campaign to attract new customers and grow the base is low hanging fruit for growth of the business. Additionally, there is significant opportunity to grow the business by building on both the gun broker and international gun market sales. Market: The industry has experienced excellent growth in recent years in all categories. The continued operations and growth were also aided by being declared an 'essential' business and remained open throughout the pandemic. As reported by IBIS World Industry reports, 'The demand for guns and ammunition has continued to increase, the need for employees has also increased (leading to growth in industry employment). Women are expected to continue purchasing firearms at higher rates for safety and recreational activities' Additionally, and perhaps even more significant, many major sporting goods retailers have discontinued the retail sale of firearms creating a significant market and opportunity for independent gun shop owners.
Financing: Seller will consider financing on a case by case basis, with a substantial down payment and review of credit. Training: The Seller will provide four (4) weeks of training and orderly turnover to the new owner training, at twenty (20) hours per week. Additional training/consulting is available from the Seller, if desired under terms and conditions mutually agreed to by Buyer and Seller
To get more information about this Gun And Accessories Shop - With Inventory business for sale in Bakersfield, Kern County please phone Patrick Collins (Resource, ProBuySell Member, Broker, Webinar Panel - BRE License #:556588) at 661-323-2658 and 661-342-3436 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #273204 on BizBen.com. In addition to phoning Patrick Collins, make sure you email Patrick Collins above to get more info about this Gun And Accessories Shop - With Inventory, to ask any questions or request an appointment to see this business for sale. Thank you. License # 556588. Sunbelt Business Brokers.
Contact
Phone: 661-323-2658 Phone: 661-342-3436 Details
Asking Price: $1,100,000.00
Down: Call / Email
Cash Flow: Call / Email
Revenue: Call / Email
Area: Bakersfield, Kern County
City: Bakersfield
Attributes:
My Notes About This Listing
Cash flow
$730,043
Revenue
$5,980,086
Down
$1,950,000
Posting: 280654 | Available | 10/31/23
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Cash flow
$203,015
Revenue
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Down
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Cash flow
$55,000
Revenue
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Down
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The services include cleaning blinds/shutters, mirror cleaning, fans, chandeliers, and indoor/outside lights. We offer de webbing a house. We offer power washing and rain gutter cleaning. We offer hard water spot removal on showers and windows. We clean solar panels, rescreening of screens, etc.
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$90,000
Cash flow
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Revenue
Call/Email
Down
Call/Email
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Cash flow
$210,000
Revenue
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Down
$309,999
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Cash flow
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Revenue
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Down
Call/Email
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$1,725,000
Cash flow
Call/Email
Revenue
$3,300,000
Down
Cash Only
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Cash flow
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Revenue
$661,200
Down
Call/Email
Posting: 281173 | Available | 12/8/23
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Cash flow
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Revenue
$1,800,000
Down
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Posting: 283295 | Available | 12/11/23
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Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 283225 | Available | 12/8/23
Our drug/detox facilities are licensed by CDPH and accredited by The Joint Commission, an esteemed and fully equipped center dedicated to helping individuals overcome addiction and reclaim their lives. Both facilities are located in a serene and accessible location.
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Cash flow
$180,000
Revenue
Call / Email
Down
Cash
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Asking Price
$450,000
Cash flow
$49,467
Revenue
$153,908
Down
$149,000
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Asking Price
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Cash flow
$149,803
Revenue
$416,572
Down
$50,000
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$350,000
Cash flow
$281,000
Revenue
$1,140,992
Down
$900,000
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$1,075,000
Cash flow
$277,261
Revenue
$929,836
Down
$785,000
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Cash flow
Call/Email
Revenue
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Down
$65,000
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Asking Price
$65,000
Cash flow
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Revenue
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Down
Call/Email
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Asking Price
$1,100,000
Cash flow
Call/Email
Revenue
$286,623
Down
$175,000
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$175,000
Cash flow
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Revenue
$584,000
Down
Call/Email
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$499,000
Cash flow
300,000 plus
Revenue
$730,720
Down
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This profitable water purification supplies and services business serves the technical, hospital, medical, and dialysis industries of north/central California and western Nevada, including companies like Tesla. Established in 1997. Annual sales are projected to well exceed $600,000 in 2022.
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$899,000
Cash flow
$120,000
Revenue
$840,000
Down
$348,000
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Asking Price
$348,000
Total Investment
$543,000
Min Liquid Cash
$200,000
Net Worth
$200,000
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Franchise Fee
$49,500
Cash flow
$51,833
Revenue
$343,340
Down
$79,000
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Asking Price
$79,000
Cash flow
$167,186
Revenue
$652,148
Down
$70,900
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Cash flow
$180,000
Revenue
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Down
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Asking Price
$249,000
Cash flow
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Revenue
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Down
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Posting: 283961 | Available | 12/6/23
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Asking Price
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Cash flow
$400,000
Revenue
$1,100,000
Down
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Asking Price
$1,495,000
Cash flow
$52,612
Revenue
$268,777
Down
$125,000
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Asking Price
$125,000
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We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
What are some ways a broker can prevent a buyer and seller from doing a deal behind their back and what to do about it if it happens? Joe Ranieri (Orange County Business Broker) discusses ways a business broker or agent can protect themselves from buyers and sellers trying to circumvent them.
Does the location of an elderly care facility matter when buying this type of business? Joel Miller (an Elderly Care Facility Specialist Intermediary & Consultant) feels it's very important for many reasons - many which you probably hadn't thought of. Before buying a care facility - read this post.
