Gun Shop

Startup Costs: $10,000 - $50,000
Franchises Available? No
Online Operation? Yes

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.

Gun Shop Ideas

Fabric Shop

Add some texture to your business side with a shop that's made of good material.

Gun Shop

Here's a great market to shoot for.

Leather Fashions

Rope in customers by offering leather clothes and accessories with large profit potential.

More from Business Ideas

Side Hustle

She Used Her Kids' College Fund to Build a Side Hustle, But the Product Was 'Unsellable' — Here's How She Got Back on Track for $100 Million in Sales

Kim Vaccarella was a mother working in commercial real estate full-time when she gave entrepreneurship a shot.

Side Hustle

This Insurance Agent Started a Side Hustle Inspired By Nostalgia for His Home State — Now It Earns Nearly $40,000 a Month

After moving to New York City, Danny Trejo started a business to stay in touch with his roots — literally.

Leadership

AI vs. Humanity — Why Humans Will Always Win in Content Creation

With the proliferation and integration of AI across organizations and business units, PR and marketing professionals may be tempted to lean into this new technology more than recommended.