Eastern South Dakota Gun Shop

South Dakota
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Asking Price:$1,650,000
Gross Revenue:$2,543,452
FF&E:$34,281
Established Year:2014
Cash Flow:$149,714
Inventory:$2,400,000
Real Estate:$375,000
BUSINESS DESCRIPTION

This niche sporting goods business is turn-key and ready for the next owner. This profitable and high demand business offers guns, ammo, archery, reloading equipment and hunting gear. It enjoys specializing in long range shooting and thermal optics for the serious outdoors person.

This business is located on a major highway and is a “must see” for anyone seeking to enter this industry. This business is perfect for an entrepreneur with interest in this industry. Its revenue peaked in 2020 at $3.4MM (Covid) and is on pace to almost match that this year (2022). Inventory levels vary and is NOT included in the list price. The current inventory level is right at $2.4MM, but the current owner is in the process of working this down to a more manageable level. This family-owned business has been open since 2014. In the event the owners and manager are absent, there is an employee who can and does "run the show."


DETAILED INFORMATION
Location
South Dakota
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
3,072
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facility is adequate for current and future needs.
Competition
The competition in this industry is mature. With that said, this business has a larger inventory/offering - more than most others in the surrounding area.
Growth & Expansion
Potential for growth could be in online marketing, continue to build social media and other digital marketing avenues.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
The sellers would like to retire and pursue other interests.
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Bryan
Mulder
Murphy Business & Financial Corporation
Bryan Mulder