Originally Posted by Snowmassicist
Thanks dirty old man I realize there ate different shop sizes and different regions and different clientele and different needs. Hence me me stating that there are different variables and that I am making a guesstimate. There is obviously no hard numb
ers since my store isn't even open yet. But won't I be better off with gathering as many figures is possible to make my best educated guess?
As an appraiser, I'll tell you this. The variables are so diverse, especially when you don't have an existing clientele, it isn't even remotely funny.
And a gun shop makes it even harder.
First off, does any of your competition have an on-sight smith? If so, that can hurt your business.
Do they have a range, either indoor or out? That can be a deciding factor.
Do you have sales experience? This can make a huge difference. Told one man as I did his preliminary for the bank that his best bet was to hire a manager to run his business. (Not a gunshop). He asked me why, and I told him he was an a55hole and customers wouldn't return.
It took him sixty days to hire a manager, and he just about went under.
The variables are insane. Can you run on your own for twelve months? Serious funds are needed.
Repair costs, security, rent, payroll, utilities, inventory and so many other things it takes quite a while to calculate it.