Licensed Firearms, Accessories, & Ammo Provider

Description:
The Company is a fully-licensed firearms, accessories, and ammunitions retailer, selling through brick-and-mortar and e-commerce channels with locations in the Southwest and West Coast. The Company operates a firing range in its Southwest location and offers training classes and gunsmith services.

Key Aspects:
• New Facility: The Company constructed a state-of-the art shooting range and retail location that allows customers to practice/train and offers a popular “shoot before purchase” program, which increases revenue and customer loyalty
• Buying Power Advantage: The Company is well respected and holds very strong buying power in its industry, giving it distributor level pricing and priority allocation for its products
• Firearms Conversion: Leveraging its operations in the Southwest, the Company has the capability to acquire firearms and customize them to meet California compliance standards, where California is the 3rd largest state by demand in the firearm industry

Opportunities:
• Shipping Ammunition: The Company sells copious amounts of ammunition in-store but sees the opportunity to increase its online product offerings and capabilities
• Improve Southwest Retail Sales: Make strategic marketing efforts to increase brand awareness in the region
• Capitalize on Shortened Suppressor Approval Process: The current approval time to get a suppressor is roughly one month, down from the previous one-to-two-year timelines
• New Services: Offer supplemental firearm services such as firearm trust setup, Live Scan fingerprint system, and NFA Form4 services at the point of purchase to make NFA purchasing effortless and swift

Headquartered:
• Texas, US

Current Markets:
• The Company offers its products for sale both at its retail locations in the Southwest and West Coast. The Company is capable of shipping its products through its e-commerce store anywhere in the United States.

Real Estate:
• The Company operates out of two facilities totaling 52,749 sq. ft. The West Coast location is leased from an unrelated third party, while the Southwest location is leased from an affiliated entity. Ownership is open to including the Southwest location as a part of a sale or to establish a long-term lease option.

Shareholder Ownership:
• The Company is wholly owned by one shareholder who is seeking a full exit to spend more time with family and pursue retirement. The owner is open to a two-year transitionary period with new ownership post-sale.