Opening a Gun Store

[jd4320t]

Great idea and good luck. I would drive out there and give you some business for sure.

 

[dhdoug]

i was just having this conversation/thought with my wife! as we also reside (quite happily) in grnfld and there are so few options round here. maybe i missed it but is that old gun store available? or you might be thinking something nicer...more inviting? hey man...good luck, even if you beat us to the punch! the area needs it.

 

[Tactical Dave]

Technically you don't need to have a LTCH to have a pistol on you at your fixed place of business.

I have wonderd about that... I know that if you own the place then you are golden because it is your property.

 

[IndyMonkey]

I hope you have a huge amount of capital for stock.

That seems to be the biggest issue with smaller shops.

 

[BigMatt]

I have a decent amount of money saved, but not an infinite amount. It would definitely start out small.

That brings up a good point though - If you are starting from scratch, how much capital would it take to start up a gun shop? I would like to have a decent inventory and a good supply of ammo.

I like to dabble in the high end stuff. Is there a market for that in Greenfield, or do I just need to stick to the tactical and run of the mill stuff?

I hope you have a huge amount of capital for stock.

That seems to be the biggest issue with smaller shops.

 

[IndyMonkey]

I have a decent amount of money saved, but not an infinite amount. It would definitely start out small.

THat could be a killer before you even get started.

I will stop by a gun store a few times, if I dont like what I see I dont waste my time anymore.

 

[lovemachine]

I can't believe everyone forgot one very important thing! You'll have to become a site advertiser on INGO!!

 

[SharkyZiff]

I have a decent amount of money saved, but not an infinite amount. It would definitely start out small.

That brings up a good point though - If you are starting from scratch, how much capital would it take to start up a gun shop? I would like to have a decent inventory and a good supply of ammo.

I like to dabble in the high end stuff. Is there a market for that in Greenfield, or do I just need to stick to the tactical and run of the mill stuff?

I think that if you simply need to stock items that sell well. Period.

High end stuff can always be special ordered especially if you are giving special INGO member discounts!

 

[T-rav]

I think that if you simply need to stock items that sell well. Period.

High end stuff can always be special ordered especially if you are giving special INGO member discounts!

What he said. From what I have heard once you get all the paper work done with the good ol government you get all the connections to distributors and such, like I said this is hearsay. This place is a great spot to get for your area so eat it up man!

 

[Tactical Dave]

Maybe start small out of your garage or something just doing online stuff to keep the over head low?

Might have to get zoning approval incase the neighbors complain abou tthe UPS man coming every day... unless they don't care.

 

[ludlow]

I'm in Hancock county and I would love to see a local shop.

Keeping stock is important, but I would say that if you are reasonable on your transfer fees and don't get pissy if someone wants to special order something I think you could do well.

 

[IndyGunworks]

i was just having this conversation/thought with my wife! as we also reside (quite happily) in grnfld and there are so few options round here. maybe i missed it but is that old gun store available? or you might be thinking something nicer...more inviting? hey man...good luck, even if you beat us to the punch! the area needs it.

Its not available anymore

 

[jonny4523]

I'd definitely like to see something in Greenfield. That's were I'm from, so my parents still reside there. I guarantee you they'd give business as well as other family and shooting buddies in that area.

 

[Indysioux]

You mentioned FFL transfers, as well as quick turnaround on orders. I believe the FFL transfers would be a great service right from the beginning, since it involves minimal capital investment. Don't most of the carriers deliver in the morning hours? Do you have someone who can accept the packages while you're at your day job?

 

[BigMatt]

I will need to work out the shipment thing as I won't be able to be there during the day. It is doable though.

You mentioned FFL transfers, as well as quick turnaround on orders. I believe the FFL transfers would be a great service right from the beginning, since it involves minimal capital investment. Don't most of the carriers deliver in the morning hours? Do you have someone who can accept the packages while you're at your day job?

 

[billyboyr6]

hell yes youd have my business, i live in greenfield and do lots of driveing to buy,Sell,and trade firearms. i would to go into the other gun shop everyday he was open just to see if he had anything i couldnt live without, when he was still in business. and purchased several firearms from him.

 

[NealWright]

Just my .02 ... and I'm rare:-)

The only shops I stop at repeated offer quality used firearms. Obviously, I can walk into Gander ... or shop GB, and buy anything new I could desire. I don't think I've bought a new gun in 20yrs.

FFL Transfers are a big plus. Lots of people shopping the internet, and looking for a place to bring guns in. Normal fees are $20, $15 seems more reasonable, and I typically pay $10.

Good luck, I don't think I know of any other shops in your area. Small one in Shelbyville, another in Greensburg, and New Castle. There's not one in Indy that I'll go to.

Take care, Neal

 

[IndyGunworks]

Normal fees are $20, $15 seems more reasonable, and I typically pay $10

I think thats pretty low honestly... i think 25 is a fair price all around. with the internet the way it is these days transfers are a big part of whats keeping the gunshop afloat. if you say rent is 800 a month not including utilities or anything else, thats 32 transfers. a store is lucky if they two or three a week. if the store is able to make it on its own and wants to provide transfers at a low price as a service to its customers thats fine, but i dont think 25 is unreasonable at all. and if more stores charged that then it might make the local market just a bit more competitive to the E market.

 

[BigMatt]

I don't think $20-25 is too much. Especially since you have to enter it into your books and keep the records for a long time. When you pay for a transfer, you arent just paying for a form and a phone call - a lot of guys don't realize that.

 

[erbo12]

Definitly open on Sundays. It's a good shopping day for working people.