Gun Store Owner"If it continues like this I will close shop for a month"

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thump_rrr

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I was in Ny state yesterday and I stopped in at a small gun shop I have been frequenting for a few years.
They have a good selection of reloading equipment so I always stop by, chat and buy a few things.
This was my first trip there since Christmas .
It is a mom and pop operation with the owners in their 70's.
They have been in business for over 40 years.
From all outward appearances they own their property which also includes their home next door.
They have no employees so they have the lowest overhead possible.

We started discussing everything that went on since December.
You could see that they no longer carried any AR's.
Their pistol cabinets which were usually overflowing had only a few revolvers left in them and their ammo shelves were bare.
In the hour that I was there 2 customers walked through.
One bought 1 pound of Varget, 200 or so bullets and 200 primers
The other bought 100 primers and a couple of plastic MTM cases.

She told me that primers and powder were week to week.
She never knows what she will get or when she will get it.
She said that distributors just send her whatever they can and call to tell her what is on the way.
She said that business was great from January to March getting rid of a lot of stock that was slow to move since they didn't raise their prices.
She also said that if stock does not begin to be replenished quicker they will close their doors for the month of June because it doesn't pay to keep the store open.

Imagine what effect this has on stores which have much higher operating costs and employee salaries to take into consideration.
 
And everybody complained about the stores raising prices. Calling it "gouging".

This is what happens. If you keep prices too low for the demand, then you sell out your stock in a couple of days, can't get new product, and now you're sitting in an empty store for the next 4 months wondering what you're going to sell to keep the lights on and feed yourself.

The ones that were smart and raised prices are still open and still have product. It may not be moving fast but it's moving just enough to keep the store running.
 
These are the type of mom and pop shops that need our support. Those that chose not to gouge...Sad state of affairs.

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One of my LGS have started opening only on thursday - saturday. They have nothing except 3 ar 15s and a couple single shots. Pistol wise, black powder, and a couple taurus. No ammo to speak of.
 
These are the type of mom and pop shops that need our support. Those that chose not to gouge...Sad state of affairs.

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I'll support any retailer who sells what I want at a price I'm willing to pay. During the current shortage I have seen no examples of gouging anywhere.
 
Hard to believe, my local gun store has more guns than they ever have. AR's, revolvers, semi-auto's, you name it. They even have powder and primers on occasion. One thing that they don't have though is bullets for reloading. Last week I bought 3000 primers and they had priced them about $5 more per 1000 than the last time I bought some.I paid $40 per 1000 and after talking to another reloader that said he saw where some were getting $100 per 1000, I felt lucky.
 
even if they had raised their prices they would (should) still be closing for June.
 
I'll support any retailer who sells what I want at a price I'm willing to pay. During the current shortage I have seen no examples of gouging anywhere.

Yup, I see lots of products at prices I'm not willing to pay, but this leaves them available for someone that needs them more than me and is willing to pay.

That is how free markets work. If prices are "too low" someone with money but no real need will scarf up all the product and resell it at the real market price.
 
Since December, they have probably done close to a years worth of business.

The buying has now slowed down because:
1) the Senate vote
2) people are out of available money for the moment.

It doesn't sound like they are hurting for money, just stock and customers at this moment. If this means she gets to take a month and go on vacation (hard to do for a small business owner I hear) good for her!

I have seen this at my LGS as well. They were packed. People several deep to see a salesperson. Salespeople would be helping multiple customers at once with guys filling out 4473's all down the counter. The line for the registers extended half way through the store. The shelves were nowhere near as full as normal. Pistol cases nearly empty. Now volume is down and some of the stock is replenishing. The salspeople are happy because they aren't running six different ways at once trying to help customers and going home utterly exhausted.
 
looks like they shouldve raised their prices
This. Shortages suck, and neither rationing nor "gouging" will make customers happy. One of them ensures a supply for those who demand badly enough, though. And before anyone says "gouging" just results in customers refusing to buy, pricing above demand is equally foolish as pricing below demand. Demand is higher, prices are higher. Waiting to buy "once prices are low" only results in pent up demand that keeps prices from falling. People will relist on Gunbroker and gunstores for at least the amount they paid until the market will bear it, because these items don't go bad.

I think many gunstores would have been smartest to sell their remaining and easily obtainable stock at high enough prices to take 4 months off, and enjoy an extended vacation. They've all seen these panics before, they all last about 6 months, and the only reason they do stay open during them is to hopefully make a little extra profit off all the panic-ers.

TCB
 
This place is so small and in such a small market that I doubt they could do a years worth of business.
My guess is that the whole place is less than 1,000 sq. ft.

My concern is that at their age they may close down for a month and never reopen.
 
They should have moved their prices to the current price points and those who call it gouging have no idea how to run a small business, and it sounds like these folks need some help as well
 
These are the type of mom and pop shops that need our support. Those that chose not to gouge...Sad state of affairs.

Support how? They have no product to for anyone to buy. Are you gonna make a donation?
 
The product they had in stock would have sold even if they had raised their prices. They would still be in the same boat with empty shelves. A higher price point might have allowed them a little bit more operating capital, but with no stock, they would still have to close.

You can't sell from an empty wagon, at any price.

I'm impressed that they chose not to jump on the bandwagon and double or triple their prices. If I were able, I would do all I could to shop with them. Sadly, I can't travel that far for a few primers.
 
I guess I was not clear enough in my description.
They have plenty of long guns and reloading equipment behind the counter.
It's mainly ammo that is in short supply but its hard to sell guns without ammo.
I think they fear that they may like the time off too much.
They've been trying to get their adult children to take over but they are too well paid in their careers. One is an air traffic controller.
 
So time for you to ask if they want to train a new part time employee.:) State that you always wanted to learn the trade and this might be a good time---after the month off. Might work into a good thing for you.
 
It seems like these threads always polarize everyone into two groups, those who call it gouging and those who don't.

The "it's not gouging" crowd always likens it to the stock market, the "gouging" crowd says its a loyalty issue. The fact is, the gun store owner has to choose. Yes, price increases might keep the store open, alienating your regulars might make the store irrelevant. Right or wrong, some folks get insulted and never forget.
 
I was in Ny state yesterday and I stopped in at a small gun shop I have been frequenting for a few years.
They have a good selection of reloading equipment so I always stop by, chat and buy a few things.
This was my first trip there since Christmas .

If you haven't been there in 4+ months, you aren't frequenting the shop.

They have products to buy, smart guy...

Yeah, such a selection that they may close. That isn't such a great deal.
 
So time for you to ask if they want to train a new part time employee.:) State that you always wanted to learn the trade and this might be a good time---after the month off. Might work into a good thing for you.
I am a Canadian citizen I cannot legally work in the US.
 
If you haven't been there in 4+ months, you aren't frequenting the shop.



Yeah, such a selection that they may close. That isn't such a great deal.
The range where I am a member is buried in Snow from December to April which is why I haven't been there in 4 months.
I'm also a Canadian and US law prohibits me from purchasing firearms, ammunition, or reloading components otherwise I would have been frequenting the shop more often before all this came about.
I do buy my dies, casting equipment, cleaning supplies and ammo storage boxes from them however.

My point was that it is BS that the price increases came from the manufacturer or distributor level.
The increases are at the retail level and the retailer makes their decisions based on their own circumstances.
 
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They have products to buy, smart guy...

The OP described a store that has a pretty thin selection of goods at the moment with no way of knowing when more will be arriving. With bare shelves how do you plan to support them? They priced too low during a shortage and got cleaned out. Its simple economics, the knowledge (or lack thereof) of this topic on this forum is appalling.
 
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