Located in Oregon this is a firearms manufacturer for sale with twenty-six years in business. This company specializes in designing, manufacturing, and selling guns in the United States, Canada, and several other countries.
Overview of this business for sale:
In 2013 new lines were introduced and the company has changed its distribution system from individual sales to distributors and dealers. In 2015 two major companies Cabela and FGL Sports Ltd were added to the distribution channel. Then, two years later the company hired an experienced industry marketing person to expand the brand name and cut personnel to match its current backlog. In the next year, the company has obtained another, more aggressive Canadian distributor. In 2019 a more enhanced rifle was introduced, a seasoned industry Vice President of Sales was hired, and also the company began to supply its products to Bass Pro Shops.
It should be noted that in the last years, the demand for firearms continues to grow. There are increases in sales in 2020-2021 due to concerns surrounding the coronavirus pandemic. So gun sales will remain constant. However, at the moment the company is behind in its orders to the tune of three thousand rifles and pistols just because they cannot get parts fast enough and is outsourcing many of its parts.
Location:
The firearms manufacturer for sale operates from two premises. There is a 30-year-old manufacturing facility that sits on approximately eight thousand five hundred square feet. The second building of three thousand square feet is used to store barrels, box foam, and boxes. The owner possesses almost five acres of land. The building and property are available only for lease. The current rent is $7,250/month. The owner is willing to take four thousand dollars as rent payments after the purchase of the business.
The building includes:
- a machining area with three Haas machines,
- an assembly floor with wooden work tables,
- a research and development space and old weapon assembly room,
- bluing, parkerizing, sandblasting and test fire room, and offices upstairs.
The staff of twelve experienced and well-trained employees in place.
Reasons for selling:
The current owner is not a manager, but rather a weapons designer. His background is aeronautical engineering. However, he will stay with the company as a designer of weapons. This business needs someone to take it to the next level. The length and type of support and training will depend upon the nature of the purchase.
If you are interested in this opportunity, please contact us.
