How much profit is acceptable to you ?

[DERGLOCKINMEISTER]

I read a lot of comments about FFLS and how much money they make and it makes me wonder...what do you consider a fair profit on the sale of a new or used gun ?

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[2506]

Fair is in the eye of the beholder. Maximizing profit is what it's all about, right?

 

[sweetbeard]

Dollah ova cost

 

[NoAim]

I read a lot of comments about FFLS and how much money they make and it makes me wonder...what do you consider a fair profit on the sale of a new or used gun ?

Fair profit is none of the consumer's concern. Being able to sell for any profit and keeping business is. Basically...market value.

 

[joeroket]

Fair profit is none of the consumer's concern. Being able to sell for any profit and keeping business is. Basically...market value.

Fair profit being the key word. Trying to define fair profit is almost impossible from the consumers standpoint. They have no idea of the overhead needed to stay in business and make a living. A lot of people assume that because a brick and mortar charges more than an internet only business that the brick and mortar is charging to much. It is usually to the contrary, they are charging just enough to get by and still be somewhat competitive with the online guys who have a much lower overhead and even lower if they utilize a drop ship company.

 

[Unka-Boo]

Why is there always some disconnect for people with the words "FFL" and "business".

 

[joeroket]

Why is there always some disconnect for people with the words "FFL" and "business".

I don't think it is a disconnect but rather an assumption that an FFL is engaged in the business of selling firearms. In a lot of places, my city and state, I believe an FFL is required to have a business license whether or not they actually engage in the selling of firearms. In Wa. an FFL that only does transfers is required to have at least a state business license because they must collect, report, and submit the nasty "use tax" imposed on the transfer.

 

[buick455]

I like Keith's business model or at least what I was told $100 on guns under about 1k and $150 on guns that are over 1k and they use the walmart method VOLUME.

I just wish they took a little more time for customer service....... But then again that means more employees and more over head

 

[HollisOR]

A single sale is immaterial. What about times turns, cost of flooring, etc.

How much do you take home? Can you take home that much owning a business?

If you are a buyer, then the lowest price is best. If you are a seller the higher price is best. What about the entertainment industry were actors make millions a year? What is fair?

 

[padd54]

What is wrong here? I hope they make as much profit as they can. If you don't like the price, go somewhere else. What right do you have to determine someones' profit or lack there of??? Last I checked we have not become a SOCIALIST country,...... yet.

 

[TonsOfOregonBrass]

Dollah ova cost

Thats what i sell everything for. Why haven't you come buy from me. I think you like paying more!

 

[MA Duce]

What is wrong here? I hope they make as much profit as they can. If you don't like the price, go somewhere else. What right do you have to determine someones' profit or lack there of??? Last I checked we have not become a SOCIALIST country,...... yet.

+1 Ding Ding Ding Ding

 

[mjbskwim]

What is wrong here? I hope they make as much profit as they can. If you don't like the price, go somewhere else. What right do you have to determine someones' profit or lack there of??? Last I checked we have not become a SOCIALIST country,...... yet.

If you don't like the price,nut up and start your own gun shop.

The shop in town does 10% on orders and a little more for on the shelf guns (whatever the market will bear)

I don't think we want to know the mark up on other stuff.

 

[wired]

Everything costs what the market will bear. EVEYTHING.

 

[billdeserthills]

I like Keith's business model or at least what I was told $100 on guns under about 1k and $150 on guns that are over 1k and they use the walmart method VOLUME.

I just wish they took a little more time for customer service....... But then again that means more employees and more over head

Guy at that rate sales will be slow where I am. I usually mark up stuff $40 above my cost on guns up t0 $500, slightly more above that

 

[buick455]

Guy at that rate sales will be slow where I am. I usually mark up stuff $40 above my cost on guns up t0 $500, slightly more above that

Keiths may have a sliding scale and the $100 could have been an average but I'd guess that there isn't another shop in town that has the buying power they do.

I know in the automotive industry a shops price under list has to do with how much business they do a month with a particular parts warehouse the list price doesn't change but the profit does.

 

[OR4X4]

Do some more shopping and networking, There are some incredibly fair FFL's out there and most of those don't have store fronts or inventory sitting around. The overhead of the store is what jacks prices - to keep the lights on and the doors open and pegs filled with items. Nothing wrong with those places at all, but you pay for the convenience of the firearm you want hanging on the wall rather than knowing what you want and having it ordered.

 

[joeroket]

In Washington you also have to have a STATE pistol and ammo license that costs $125.00 per year.

Jeeze, they just get you all the way around, don't they.

 

[billdeserthills]

Keiths may have a sliding scale and the $100 could have been an average but I'd guess that there isn't another shop in town that has the buying power they do.

I know in the automotive industry a shops price under list has to do with how much business they do a month with a particular parts warehouse the list price doesn't change but the profit does.

Very very rare to find a gun distributor who will give a price break, even when buying ten of the same gun. Auto Parts is different

 

[Beefcake]

Thats what i sell everything for. Why haven't you come buy from me. I think you like paying more!

Reminds me of the sign that used to be in front of the gun shop in Clatskanie; "Why pay more somewhere else when you can pay more right here?"