Firearms Store Est. 1978, 28 years under current management
Business Description
ESTABLISHED FIREARMS RETAIL BUSINESS - STONEHAM, MA
This well-established firearms retail store has been serving the Massachusetts market since 1978, with the current owner successfully operating the business for 28 years since 1997. Located in the firearms-friendly town of Stoneham, this business benefits from a prime location near major highways including Routes 95/128, 28, and 93.
FINANCIAL OVERVIEW:
• Annual Revenue: $1,000,000
• Asking Price: $370,000
• FF&E Value: $30,000
• Inventory Value: $450,000
• Monthly Lease: $1,925 for 1,892 sq ft facility
• Lease Term: Through June 1, 2026
• Staff: 4 employees
BUSINESS STRENGTHS:
• Nearly five decades of operation with established reputation
• Large and varied inventory serving diverse customer needs
• Loyal customer base spanning throughout Massachusetts
• Strategic location with excellent highway access
• Strong market position in a supportive regulatory environment
• Benefits from exponential growth in MA firearms licensees
GROWTH OPPORTUNITIES:
Significant expansion potential through additional service offerings including manufacturing, gunsmithing, and training programs. These value-added services could substantially increase revenue streams beyond current retail operations.
OWNER SUPPORT:
Seller will provide up to 80 hours of transition training, with additional support available at $20 per hour thereafter.
REASON FOR SALE:
Owner retirement after decades of successful operation.
This turnkey operation represents an excellent opportunity for a firearms enthusiast to acquire a profitable, well-established business with strong market presence and significant growth potential. The business operates in a supportive municipal environment with a proven track record of consistent performance and customer loyalty.
This well-established firearms retail store has been serving the Massachusetts market since 1978, with the current owner successfully operating the business for 28 years since 1997. Located in the firearms-friendly town of Stoneham, this business benefits from a prime location near major highways including Routes 95/128, 28, and 93.
FINANCIAL OVERVIEW:
• Annual Revenue: $1,000,000
• Asking Price: $370,000
• FF&E Value: $30,000
• Inventory Value: $450,000
• Monthly Lease: $1,925 for 1,892 sq ft facility
• Lease Term: Through June 1, 2026
• Staff: 4 employees
BUSINESS STRENGTHS:
• Nearly five decades of operation with established reputation
• Large and varied inventory serving diverse customer needs
• Loyal customer base spanning throughout Massachusetts
• Strategic location with excellent highway access
• Strong market position in a supportive regulatory environment
• Benefits from exponential growth in MA firearms licensees
GROWTH OPPORTUNITIES:
Significant expansion potential through additional service offerings including manufacturing, gunsmithing, and training programs. These value-added services could substantially increase revenue streams beyond current retail operations.
OWNER SUPPORT:
Seller will provide up to 80 hours of transition training, with additional support available at $20 per hour thereafter.
REASON FOR SALE:
Owner retirement after decades of successful operation.
This turnkey operation represents an excellent opportunity for a firearms enthusiast to acquire a profitable, well-established business with strong market presence and significant growth potential. The business operates in a supportive municipal environment with a proven track record of consistent performance and customer loyalty.
About the Business
- Years in Operation
- 29
- Facilities & Assets
- 6 safes
tools
display cases, shelving
security system including cameras, DVR
cash register
printer - Market Outlook / Competition
- Firearms business friendly town
Business established 1978, under current management since 1997
Loyal customer following from all over state of Massachusetts
Centrally located near Routes 95/128, 28 and 93
Exponential growth of MA firearms licensees - Opportunities for Growth
- Additional firearms service offerings such as manufacturing, gunsmithing, and training can offer increased sales.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,892
- Rent
- $1,925.00 per month
- Lease Expiration
- 6/1/2026
About the Sale
- Seller Motivation
- Owner retiring
- Transition Support
- Up to 80 hours. $20/hour cash thereafter
- Financing Options
- None
Listing Info
- ID
- 2407075
- Listing Views
Listing ID: 2407075 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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