Extremely Profitable Gun Shop and Gun Range located on a major highway in North Las Vegas yet not close to the Las Vegas Strip. An active Owner can easily earn over 1.1M in discretionary income. SBA Financing available with as low as 20% down. Property is Available. Price does not include inventory which will be sold at cost.
• Many Years of Operating History in the Las Vegas Market
• Easy to Learn and Operate
• High Margins and History of Consistent Profitability
• Turn-Key Operation and Fully Staffed
• Excellent Mix of Clients with a Majority being NEW
• Huge Upside Potential due to Demand in the Las Vegas Market
• Valuation based on Post Covid Normalized Sales and Profits Only
• Seller willing to Train and Ensure Smooth Transition
• Outstanding Reputation
• Stable and Growing Industry
• Las Vegas is continuing to Grow in 2022 and 2023 with the opening of Convention Center Expansion and the continued construction on the MSG Sphere Entertainment Venue and various other Casino, Hotel and Commercial Projects.
• The Seller is Flexible and would Consider a Role with the new Owners
• Seller has Other Businesses and is also looking to Relocate out of Nevada at some point
• Huge Upside Potential to Grow the Range Business and begin to focus on Tourist Business
• Can Easily Expand beyond the current 5,000 Sq Ft to Potentially to 15,000 Sq Ft.
Financial Information
$3,240,000
Asking Price
$1,583,000
Cash Flow
$6,500,000
Gross Revenue
$700,000
Down Payment
Yes
Financing
Business Location
City:
North Las Vegas
State:Nevada
Financing Comments
SBA financing available
Reason for Sale
Pursue other opportunities
Detailed information
Year Established:2016
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 11
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: Yes
Inventory Value:
$1,000,000
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
$2,500,000
Building Size: 4900
FF&E Included?: No
Real State Description
Purchase Real Estate for $2.5M or lease at $14,000 per month