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Old 01-26-2009, 04:56 PM
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Default Starting Gun Store, Need Advice



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Hey all, I am in the process of applying for my FFL and getting my business plan together. Am looking to open a gun shop around my area. Are there any gun store owners on here that could maybe let me pick their brain a little? PM if you willing to answer a few questions,

Thanks all,

-M
Old 01-26-2009, 04:59 PM
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Have some sort of plan to deal with the ATF when they plant evidence of...'your crimes'...and haul you off to prison.

Good luck.
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Old 01-26-2009, 05:06 PM
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well as your in NY gimme a shout when you open an i might come an buy something from you ... as im in need of a GOOD gunshop nearby to me.
Old 01-26-2009, 05:08 PM
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i dont own a gun store but have some advice.

Know your stuff idk if you are a gunsmith but i went to a new gun store and brought my ruger m77 to get fixed the guy had no clue i didn't care much but he was really embarrassed about the whole situation. He said he was hiring a gun smith to work with him so i said i understand and i will comeback.


i would also like to thank you for opening a store we need more around the US.

where will the store be located
Old 01-26-2009, 06:10 PM
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don't gouge people, make it honest and don't jack up your prices at every opprotunity.
pick your area wisely, and good luck man
Old 01-26-2009, 06:43 PM
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Looking to set up shop north of Albany on the way to Saratoga.
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Old 01-26-2009, 06:48 PM
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i wish you great success.........
Old 01-26-2009, 06:54 PM
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Looking to set up shop north of Albany on the way to Saratoga.
nnooooooooooooooooooo but yea at the same time, i am happy ur opening but i live on long island lol.
Old 01-26-2009, 07:12 PM
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Do 'Kitchen table'


Not a storefront.

See after a year if it's doable...
Old 01-26-2009, 07:16 PM
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Originally Posted by Nomad, 2nd View Post
Do 'Kitchen table'


Not a storefront.

See after a year if it's doable...
can you still do that?.....i thought the rules changed regarding buisness locations for FFL's years ago.....as i recall you had to have a storefront location no more selling out of your home.......
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Old 01-26-2009, 07:19 PM
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I don't mean to be negative, but you didn't pick the best time to become a new dealer in a busy and screaming market. To help explain why, most gun wholesalers have tiered sales levels. If you've been in business for years, you're going to get the good stuff before the guy who opened last month. Keep this in mind when you can't get AKs, ARs, Taurus Judges, and the Springfield 1911 models that sell.

If you have any questions PM me with them and I'll do my best. Been working in the gun industry for quite a while...
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Old 01-26-2009, 07:27 PM
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Get lots of Aspirin to be able to deal with ATF. Or any other branch of government for that matter.
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Old 01-26-2009, 07:53 PM
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Talk about a really bad time to try and start up a business....

Talk about a really great time to start a buiness selling firearms.....
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Old 01-26-2009, 09:10 PM
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Quote:
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can you still do that?.....i thought the rules changed regarding buisness locations for FFL's years ago.....as i recall you had to have a storefront location no more selling out of your home.......

Yes.





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Old 01-26-2009, 09:16 PM
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Does the FFL require that you have a brick and mortar store? Because if they don't require one, you should open an account with century arms and sell their crap over the internet ala classicarms.us. Heck, even if you don't have a high hit website, you can sell your guns on gunbroker and make a mint. Only problem is to be a wholesaler you need to be able to buy lots of product at once..... good luck getting a loan.
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Old 01-26-2009, 09:18 PM
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Um offer board members safe haven and discounts on ammo? lol
Good luck man, as for advice, be friendly with people who know nothing of guns, DON'T let people put their fingers on the triggers (i hate seeing that at gunshows and in stores), and offer loads of info to help those who need it when it comes to their 2nd amendment rights.
Old 01-26-2009, 09:18 PM
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Quote:
Originally Posted by BIgSal View Post
Does the FFL require that you have a brick and mortar store? Because if they don't require one, you should open an account with century arms and sell their crap over the internet ala classicarms.us. Heck, even if you don't have a high hit website, you can sell your guns on gunbroker and make a mint. Only problem is to be a wholesaler you need to be able to buy lots of product at once..... good luck getting a loan.


Again....


NO THEY DO NOT.

I know several 'Kitchen table' FFL's...


LOCAL ordanances may prohibit it or require a tax lisense however.
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Old 01-26-2009, 09:19 PM
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Opening a gun-shop today?!!

Are you nuts?!!

This is like investing in Enron.
This is no win situation.

They want to close 80% of the retailers out there now.
You will loose your shirt.

This is a big investment that will not pay off in the current political climate.

I have a poker pal who used to own one of the largest gun-shops in California, before he was forced out of business. He wanted to open a new shop in AZ or NV, but was waiting for the results of the election. But Hussien was elected, and he is not going to bother.

To open a gun-shop correctly you have to have a large investment and a great location... away from Pro Bass and Cabella's, and unfortunately they put these retail outlets in the epicenter of the best sales areas.

You cannot make a decent living with a small, one-horse shop. And when things get worse--so will your business.

Also they are planning on getting rid of all internet sales, and require sales from brick and mortar establishments only.

T
Old 01-26-2009, 10:06 PM
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You planning on opening a gun store in NY? Good lord, man you are asking for trouble! My ex-wife got out of the gun store business ten years ago because it was way too much of a hassle, and that was in rural Texas! Good luck because the law suits will start coming in before you make your first sale.
Old 01-26-2009, 11:39 PM
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Quote:
Originally Posted by blue123 View Post
can you still do that?.....i thought the rules changed regarding buisness locations for FFL's years ago.....as i recall you had to have a storefront location no more selling out of your home.......
You can if you are a gunsmith, also to buy guns from a distributor you need a business plan insurance etc. Liability insurance is a killer think about doing an llc that's what I am doing with my gunsmithing business can't afford the insurance. Also really hard to find theft insurance. I will probably just go without
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