What would you have in a gun shop besides guns

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Books and videos.

For the most part, if I want to buy a serious gun book here, I have to go to a gunshow to do it.

I watched the Jerry Miculek videos on how to shoot a revolver yesterday. I don't know any place locally where I can get those.
 
I wonder if he made a lot of money on guns during the Obama bump and thinks it will continue indefinitely.

I only know a couple or three things about retail, and here they are. 1) You can't remake your customers. If they want cheap, you have to sell cheap. If they want quality, you have to sell quality. Being a specialist (e.g. old guns) can work, but you have to have the local market for it. 2) Most small businesses fail because they don't have the capital to run at a loss for long enough to generate a customer base and adjust their stock as required to serve the market. 3) The hours are hell. 4) You can't beat the discounters at their own game. Think of yourself as a consumer, and what you will buy by mail or from a big box as opposed to what you will buy locally. The local business has to make enough money on what people buy locally.
 
A gun store makes a nice sideline to a lot of other retail establishments:

- a cigar and pipe shoppe;

- a jewelry store;

- a pawn shop;

- a sausage shop (no, I'm serious; I saw this years ago in IL);

- a bookie joint;

- assorted other endeavors.
 
Posted by eye5600:
In the case of Bob's in Darien, CT, it would be unfinished furniture.

Bob's is a great place! Haven't been there in years, but he always had a decent selection to look over!

Back to the OP - might consider some uniform gear for police/security; belts, flashlights, etc. If the is no uniform place close by.
 
Just from talking to the guy, he is very sales motivated, but just plain ignorant when it comes to guns. I'm as a green as a greenhorn comes (been shooting since I was thirteen and learning about guns since) when it comes to being an 'expert' but this guy literally threw out the 'man you're speaking Greek to me'.

He's going to obtain the capitalization for major stock in two weeks, licenses for a range, EPA stuff, etc. Sorry - this sounds like a Nigerian e-mail to me.

He knows nothing about a very technical business? :rolleyes:

Get paid in cash - invest nothing with him.
 
A inhouse Range maybe????? and a copy of the most popular guns you sell and keep them on hand so people can test them. at my favorite shop, this definetly helps them sell. Just wish it was big enough for rifle
 
The guy owns a pawnshop in which he has an FFL already, he has a building next door he had been renting out till the businesses in it went bye-bye (fifteen feet from the front door of the pawn shop) that an ATF agent has OK'ed for a gun shop FFL. I'll try and talk him into a small three or four lane pistol 25yard range (the building is about thirty yards long by about twenty yards wide) so it might be doable. He owns a used car lot from what I've been told. It'd be nice to offer customers a little more of the mil-surplus like Mosin-Nagant rifles, Mausers, K31 Swiss, and such at competitive pricing but I don't think the locals would buy. This is Orlando I'm talking about but around the more blue-collar white folk crowds where there aren't any real gunshops nearby.

He's emailed me a couple questions and we've talked on the phone on a few small items and he likes the idea of a small range. He can't keep a gun in the pawn shop more than two days, literally, I went back in today and the five pistols he had in the case had been bought (even the 1200 dollar Performance Center 625 Smith and Wesson).

I'll have to see what I can talk him into. Hopefully it can start out small and build a good select library on books involving gun handling and such, along with DVDs, and with some good on-foot advertising and good gun show advertising we can build enough of a customer base to justify mil-surp rifles in the shop. Thanks for the ideas guys but I don't think cigar shops, beanie babies, and jewelry will work, besides there will be a pawnshop right next door.
 
Just for atmosphere, some stuffed animal heads on the wall. A deer or 2, an elk, a big horn sheep, 3 or 4 bad guys and a Democrat.
 
The wife and I want to open a gun shop. We'd like to sell firearms and firearms supplies, but also emergency preparedness and country-living, back-to-basics equipment (food mills, iron cookware, canning supplies, etc...).

Oh, and panties. Lots and lots of panties and lingerie, on the other side of the store. She says that any man that goes in there with his wife will have to make two purchases, 'cause he's going to look like a cad if he drops $500 or so on a pistol, then balks at shedding another $150 or so for a nice teddie, which "...is actually for him, anyway!". I think she's onto something--and it seems like it could work both ways, as well. "You go look at those bustiers, honey...I'm just gonna take a look at the Browning Hi-power over here..."

She wants to call it "Guns and Roses". I think she's a genius.
 
After reading all the posts so far I have determined that the answer to the op's question is really this...........Where does the demand lay in your area? For example in S.E. VA with a bunch of spec war units in the area there is a heavy demand for black rifles and tac equipment and not so much hunting equipment demand. Where as say a place like Alpena Mi there would be a huge demand for hunting stuff and little demand for tactical equipment. So what is the demand in your area? Oh and any where you go a general gunsmith would be a good thing.
 
While the lingerie things was hilarious I don't think it'd be....can't think of a good reason to say no, it just doesn't feel like a fit is all.

There is a mix of hunters. The pawn shop is not too far from my law school and close to a diner where I find some of the best burger specials for lunch and I talk guns with lots of hunters, vets, and recreational gunnies in general. Problem is it is Orlando not too far from Downton Orlando and the uglier parts of Orange County where all the drug dealers live.

If the guy can undercut the prices on Sig at the other shops it'd be a great idea I think, not by much but $50 bucks cheaper (well advertised on the internet and gunbroker) would help with sales. While guns are going like crazy in our area (was at the range when it first opened and just got home after picking up a few hundred pieces of brass that wasn't mine, and did some double-tap time with my snubby .357 and a little fun with the 12 guage) where I saw three gun sales in less than an hour on ten+ capacity semis, I hope this guy understands that folks buy what they feel they need, not what you want to sell them necessarily.

I like the books idea, especially letting folks with old shooting and collecting books sell them to the shop for store credit, maybe even a silly rental reading system with paid membership. If he's not going to stock a large selection of guns from the beginning then the archery range idea would be a good one, there's a bass pro shop ten minutes away so fishing supplies might not be a big seller. Hunting is not big so unless there are consignments(also put them up on gunbroker as well as in the shop) I don't see there being a lot (already know a guy with a Remington 700 who wants to bring it by when the shop opens it doors, wants 600 for it or more if he can get it, not including the scope). ARs and Aks are hot items in my area and the guy has three Ruger Mini-14s he picked up at $400 a piece he's holding back to sell at $700 a piece.

I'm getting dinner with the guy tonight (he's paying) so I'll write up a proposal like this:

-A few mags of each popular Sig model, as well as offering to order items for customers at 15% above cost when the customer pays ahead of time.

-Minor reloading supplies, a few thousand cast bullets of 9mm, .45 ACP, and wait to see. Lee reloading equipment that isn't too expensive that if doesn't sell the shop could use to offer "Reloading Services" like say if you bring in the 9mm brass and if it is good condition(and they sign a lengthy waiver) the folks can buy reloaded ammo at 20 cents a round reloaded as opposed to 27-30 cents a round in Winchester White Box that it goes for at Wally World. Have a couple part-timers be reloading monkeys when the shop isn't busy. Also if a good supply (I might know of one, have to wait for the projectiles to arrive and load them before I know) of .223 projectiles can be secured and the rounds can be loaded for twenty-five cents a round, then to those who have bought a new gun from the shop (or one of a value greater than $600) you sell to those folks reloaded .223 at thirty-five cents a round (it's only a fifteen cent savings but every little bit matters for a lot of folks).

-If there aren't going to be a lot of guns in the shop then a respectable book section of the more popular and noted writers and professionals in firearms i.e. Massad Ayoob, Jeff Cooper, Jerry Miculeik, etc..---Also if he won't go for a indoor shooting range (which he should really jump on) then a small archery two lane range (is twenty yards half-decent).

-Also milsurp rifles like the Mosin-Nagant can be gotten relatively cheap along with ammo, tac-ti-cool them out and sell them for a reasonable markup (only a couple rifles to start).

-Get in AK and AR rifle kits, and sell receivers, contact a gunsmith who can assemble them and sell the kits in dissassembled or offer an additional charge for gunsmith 922lr. compliant assembling services (also throw out the full-auto FCGs for the AKs and sell TAPCO parts with the kit[become a distributor for TAPCO]).

-Let folks with "collector" non-Nazi militaria put their items up for consignment.

-Get a gunbroker account and sell items over gunbroker, put consignment items up on gunbroker.

-Get a website and allow for online sales.

Just to start. Thanks everyone, keep them coming if you can.
 
Guns are an essential ingredient for a gunshop, but they don't carry enough profit margin to carry the store. What will keep you afloat is accessories and ammunition. However, Walmart often sells the common loads at retail for less than a small shop can buy them for wholesale.

If your friend doesn't know anything about guns, he'd better hire somebody who does, because that's what customers come looking for and they can't get that at Walmart.
 
It will be hard to make a profit in a new retail business like this. Why does he not just expand the pawn shop's gun area? It seems like it could be done gradually without a large investment. I am wondering what more can be done in a "gun shop" than can be done in a "pawn shop with an ffl." It just seems like double the overhead.
I'll try and talk him into a small three or four lane pistol 25yard range
If he wants your help in making a profitable business decision you shouldn't be talking him into things, you should be researching and proposing them with some information on cost and profit. If you built indoor ranges for a living you should be talking him into building one. Building an indoor range sounds like quite an investment, but could be profitable if done right over many years. You do sound enthusiastic, but it is not your money on the line.
 
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