BSA1
member
Having managed a gun store/indoor shooting range the MOST important thing is to have adequate capital to pay the overhead and restock.
The owners have to decide up front how much they are going take out of the business for themselves.
The owners need to realize that there is little profit in selling guns. The real money comes from selling ammunition, grips, etc. Give the customer a great deal on a gun and he will come back for ammunition and accessories.
Holster require a big investment and are generally slow movers. In fact some will never move.
As for a gunsmith I would rent store space to him as a independent tenant with a seperate entrance. This is a minefield and limits your libility. Also think about the damage to your stores reputation if he screws up repairs. Do you think the pissed off customer with a ruined gun is going to say Joe Hacksaw screwed up my gun or the gunsmith at ABC Guns screwed up my gun? Big difference and this is NOT the kind of publicity you want.
Store hours. You have to be open when customers are off work. Kiss your evenings and weekends goodbye.
Like to shoot a lot? Forget it. You need to be at the store working not playing.
Prices? The Interent has made everyone a informed customer. Discount your retail prices by 10%. Everyone loves a good deal.
Don't be a *********. In December I brought a rifle from a dealer I have a account and needed a FFL to have the transfer. Going rate around here is $25.00. A gun store I checked with wanted $100.00 to do the transfer!!! Needless to say I ran out of that store.
Oh odds are they will be out of business in two years.
The owners have to decide up front how much they are going take out of the business for themselves.
The owners need to realize that there is little profit in selling guns. The real money comes from selling ammunition, grips, etc. Give the customer a great deal on a gun and he will come back for ammunition and accessories.
Holster require a big investment and are generally slow movers. In fact some will never move.
As for a gunsmith I would rent store space to him as a independent tenant with a seperate entrance. This is a minefield and limits your libility. Also think about the damage to your stores reputation if he screws up repairs. Do you think the pissed off customer with a ruined gun is going to say Joe Hacksaw screwed up my gun or the gunsmith at ABC Guns screwed up my gun? Big difference and this is NOT the kind of publicity you want.
Store hours. You have to be open when customers are off work. Kiss your evenings and weekends goodbye.
Like to shoot a lot? Forget it. You need to be at the store working not playing.
Prices? The Interent has made everyone a informed customer. Discount your retail prices by 10%. Everyone loves a good deal.
Don't be a *********. In December I brought a rifle from a dealer I have a account and needed a FFL to have the transfer. Going rate around here is $25.00. A gun store I checked with wanted $100.00 to do the transfer!!! Needless to say I ran out of that store.
Oh odds are they will be out of business in two years.