Business plan for new FFL
I'm wanting to get my FFL to sell part time out of my home. I'm still in the process of putting together my business plan and was hoping I could tap into the wisdom I see on this forum. I live in TX and have gathered data on the following:
1. FFL requirements and fees
2. Local zoning and state requirements for the business
3. Incorporation (LLC)
4. Business liability ins
Where I'm stumped is, as I do more research I'm not seeing how anyone could make money doing this. I've researched gun prices on gunbroker and gunsamerica and compared those prices to what SEEM to be wholesale prices. It looks like dealers are getting around $10 profit on many long gun sales.
I'm not under the idea that I could get rich doing this. Not by any means. My hope was to make $10k-$20k per year. Is this unreasonable?
Last edited by gixxerallan; 03-02-2011 at 05:58 PM.