Fire Arms Range, Training Classes, and Sales
Asking Price: | $400,000 |
Gross Revenue: | $1,215,000 |
Cash Flow: | $170,000 |
Established Year: | 2019 |
(Due to only a few ranges and dealers in the KC area, the zip code is not correct in the listing for confidentiality purposes. The company is based in greater KC and the exact location will be provided with a signed NDA).
This great business is taking off and has many streams of revenue. From their range subscription option to self defense classes, the offerings are varied which includes sales and fire arms shows.
It is a regular practice to have current or ex policemen and military as instructors, and there is space and time availability in the building to add more classes.
The building will be sold with the business which is a great situation for the buyer as it allows a 25 year amortization instead of a 10 year if just the business.
The asking price for the business portion is $400k, but the building final price will be determined with the appraisal. The net seller's discretionary earnings is approximately $170k. Insurance and taxes on the building have been paid through the P&L but a buyer's mortgage principal and interest would need to be deducted based upon their own loan.
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