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Gun Shop

About Startup Costs

The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.

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Business At A Glance

Gun Shop

Startup Costs: $10,000 - $50,000

About

Franchises Available? No
Online Operation? Yes

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Here's a great market to shoot for.

Business Overview

In spite of the fact that gun ownership is becoming increasingly restrictive due to government legislation in both the United States and Canada, opening and operating a retail business that buys, sells, and trades guns still has the potential to be profitable. In addition to gun sales you can also sell ammunition and hunting-related products as well as offer a gun repair service. Promote the business by establishing alliances with gun clubs and shooting ranges as well as with firearm instructors, as these clubs and individuals can refer your business to others. Starting this type of retail business will require a substantial investment and you will also have to clear a few legal hurdles before you can open. A well-promoted and operated gun shop could return the owner a six-figure yearly income.