Listing status: Inactive

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Well Established Firearms & Gunshop For Sale. Includes $500K In Stock.

Well Established Firearms & Gunshop For Sale. Includes $500K In Stock.

Preview Listing

Location Details :

Country

Australia

State

Victoria

City

Ringwood East


Industry :
Beauty/Health - Recreation/Sport ; Rural - Farming ; Rural - Fishing/Forestry ;

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

-x

About the business

The majority of the asking price is for the stock. Yes !!! stock comes with the purchase price.
This is a CASH COW, you will make money from day 1.
First Established in1958. Steady & loyal customer base and this will be a great "Return On Investment" to a new owner of this specialised business.
Melbourne firearms centre has supplied firearms, guns, rifles, shotguns, scopes, ammunition and reloading equipment for over 65 years in and around Melbourne.
Our no nonsense approach and friendly advice is one of the reasons that many of the customers have been with us for 30 to 40 years !!!
Some are sons or even grandsons of people we have been outfitting for all those years.
A great online presence with a well established website provides additional income and sales within Victoria and interstate.
There is also a regularly updated Facebook and Instagram page with a strong following.
A great lease is available, with the location being in a prime position with great parking and features an air conditioned, open plan showroom all on one level for true one stop shopping.
The showroom and Gun room is fully compliant and meets all of the legal requirements with an extensive fitout of display cabinets, racks and vaults.
There is also a small workshop in the rear of the storeroom suitable and used for basic Gun smithing jobs and maintenance.
This prime location in the Eastern suburbs of Melbourne is on the way to prime hunting habitat and most hunters can hop in their 4WD and be hunting legally on crown land in less than 90 minutes drive from the business.
The same goes for all farm based shooting, with the Yarra valley just up the road.
There are several firearm ranges and Gun clubs within easy driving distance, and the members of these clubs have been providing a substantial section of our clientele over the years.
We also supply many pest eradication companies and the rural community with equipment and ammunition in their ongoing eradication programs and contracts.
The shop is fully secured and is very compliant with the conditions (by law) required to operate.
A current Worksafe Explosives licence has just been renewed, enabling the sale of reloading components such as powder and primers to be sold.
Storage cabinets have been upgraded to current regulations.
This business was one of the early adapters of the licensing services-online licensing system enabling all compliance of registration and permits to be taken online.
The system enables much faster permit and registration returns and will be available to the new owners upon completion of LRD training.
The current owners pride themselves in assisting first license holders in getting their first rifle or shotgun, and eager new license holders continue to grow year by year.
This business is a solid, long term investment for the right purchaser.
Credit must be given to the current Vendors as they have done a magnificent job in keeping this business up to date with a huge range of stock, and all the much needed legal parameters.
Our showroom and storeroom is stocked with what we believe is the broadest range of Firearms, ammunition and accessories to suit our hunting and target shooting demographic.
This opportunity represents a tremendous amount of value, as built into the asking price is a substantial amount of stock.
A shop of in this industry, with an exceptional reputation rarely comes on the market and be also available with a profitable and well established business.
A new purchaser would need to qualify both financially and legally and be in a position to obtain a Class 1 Victorian Firearms Dealers License.
As this process would take time, the current Vendor would assist in the application process and training offered to the incoming purchaser for a smooth handover.
There is 1 full time employee who is very experienced, and 2 part time workers who would also like to stay on.
Please be respectful of the fact a new purchaser MUST have an exceptional police record, as it would be difficult to qualify for the proper permits and licences.
Any inspection must be pre-organised as the Vendor does not want people calling or walking into the shop without an appointment.
For further information please call Michael Keltie on 0400 645 133 - or submit an enquiry

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