DK Firearms

San Antonio gun shop for Sale

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  • Ole Cowboy

    TGT Addict
    Rating - 0%
    0   0   0
    May 23, 2013
    4,061
    96
    17 Oaks Ranch
    This is a home based business (shop is behind his home) 15 years of full time business. Very successful, is a "Master" Sig shop, will sell for inventory value which is about $250k.

    I know him, stand up guy, in his 70's and time to retire.
    Guns International
     

    Ole Cowboy

    TGT Addict
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    0   0   0
    May 23, 2013
    4,061
    96
    17 Oaks Ranch
    By chance would it be near Helotes?
    Its up in the Fair Oaks or Boerne maybe address, not sure. He just handled a FFL transfer, gets $25 bucks, great guy, Vietnam vet...it's not advertised at this time he is just passing it on to his customers. Its NOT a need to sell, it's profitable and he does well. Guessing he is maybe mid 70's and just time to retire he said...
     

    toddnjoyce

    TGT Addict
    Rating - 100%
    4   0   0
    Sep 27, 2017
    19,285
    96
    Boerne
    Its up in the Fair Oaks or Boerne maybe address, not sure. He just handled a FFL transfer, gets $25 bucks, great guy, Vietnam vet...it's not advertised at this time he is just passing it on to his customers. Its NOT a need to sell, it's profitable and he does well. Guessing he is maybe mid 70's and just time to retire he said...

    He’s looking to sell the inventory and book of business but not the real property, is that correct?

    I’m guessing (no idea here) the Purchased has to get their own FFL?
     

    00-Guy

    Member
    Rating - 100%
    9   0   0
    Jul 27, 2011
    151
    11
    San Antonio
    I suspect with no name listed, did this individual stopped doing gunsmith work in 2017? If it is who I believe it to be, the owner is a great guy. I have purchased a few Sigs from him.
     

    Mrvmax

    Member
    Rating - 0%
    0   0   0
    Jan 20, 2018
    63
    11
    Friendswood
    This is a home based business (shop is behind his home) 15 years of full time business. Very successful, is a "Master" Sig shop, will sell for inventory value which is about $250k.

    I know him, stand up guy, in his 70's and time to retire.
    Im not trying to rain on your parade, but he’s selling inventory, not a business since he is home based. The buyer would have to get their own FFL, I suppose they could use his business name depending on how he’s set up but without a brick and mortar store what’s the point? Unless his inventory is discounted there’s really nothing there that someone couldn’t duplicate on their own and no reason to buy his “business “.
     

    Ole Cowboy

    TGT Addict
    Rating - 0%
    0   0   0
    May 23, 2013
    4,061
    96
    17 Oaks Ranch
    Im not trying to rain on your parade, but he’s selling inventory, not a business since he is home based. The buyer would have to get their own FFL, I suppose they could use his business name depending on how he’s set up but without a brick and mortar store what’s the point? Unless his inventory is discounted there’s really nothing there that someone couldn’t duplicate on their own and no reason to buy his “business “.
    It’s on his property not in his kitchen, he has a stand alone shop which very nice, did gunsmithing for 15 years and has a solid following. As for the FFL...You get a free FFL by buying a gun store, become a Doctor by buyin a medical office or get. Real Estate License by buying a Real Estate office.

    The business does not have an FFL, Real Estate license or a license to practice Law or Medicine!

    I have sold several businesses and it’s a combination of many things. Inventory, capital equipment, cash flow analysis, real property and your most valuable asset...Goodwill.
     

    Mrvmax

    Member
    Rating - 0%
    0   0   0
    Jan 20, 2018
    63
    11
    Friendswood
    It’s on his property not in his kitchen, he has a stand alone shop which very nice, did gunsmithing for 15 years and has a solid following. As for the FFL...You get a free FFL by buying a gun store, become a Doctor by buyin a medical office or get. Real Estate License by buying a Real Estate office.

    The business does not have an FFL, Real Estate license or a license to practice Law or Medicine!

    I have sold several businesses and it’s a combination of many things. Inventory, capital equipment, cash flow analysis, real property and your most valuable asset...Goodwill.
    So he’s selling the building on his property? If he has his license under an LLC it could legally be transferred over if it’s in the same location for the new owner. The business will have an FFL if he’s set up as an LLC, sole proprietor would mean he had the license in his name. You may have sold many businesses but how many gun stores have you bought and sold? It’s a different creature. As for your second and third sentences, I have no idea what you are talking about, it doesn’t make sense.

    I’m just trying to let people know that buying a gun store is usually not what they picture in their head. I’ve been licensed and selling guns for a while now so I know what is entailed with an FFL and your explanation lacks a lot of pertinent detail. Unless his store is structured as an LLC and he sells everything including the building and land, he is not selling “Inventory, capital equipment, cash flow analysis, real property and your most valuable asset...Goodwill”. If he is selling everything then you should state that so it’s clear, it wasn’t clear in your first post to me and probably wasn’t to others.
     
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