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How much profit is acceptable to you ?

Discussion in 'General Firearm Discussion' started by DERGLOCKINMEISTER, Mar 22, 2011.

  1. DERGLOCKINMEISTER

    DERGLOCKINMEISTER SPRINGFIELD OREGON Member

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    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 ?
     
  2. 2506

    2506 Seattle Well-Known Member

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

    sweetbeard Beavertown OreGUN! New Member

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    Dollah ova cost
     
  4. NoAim

    NoAim Hillsboro, OR Active Member

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

    joeroket Everett,Wa. Active Member

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    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.
     
  6. Unka-Boo

    Unka-Boo Milwaukie Active Member

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

    joeroket Everett,Wa. Active Member

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    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.
     
  8. buick455

    buick455 se portland Member

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    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
     
  9. HollisOR

    HollisOR Rural OR, South of Dallas Active Member

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    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?
     
  10. padd54

    padd54 Central Oregon/Cascades Active Member

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    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.
     
  11. TonsOfOregonBrass

    TonsOfOregonBrass Sandy, OR Active Member

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

    MA Duce Central Oregon Well-Known Member

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    +1 :thumbup: Ding Ding Ding Ding
     
  13. mjbskwim

    mjbskwim Salmon,Idaho Well-Known Member

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    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.
     
  14. wired

    wired Yakima Well-Known Member

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    Everything costs what the market will bear. EVEYTHING.
     
  15. billdeserthills

    billdeserthills Cave Creek, Arizony Well-Known Member

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    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
     
  16. buick455

    buick455 se portland Member

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    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.
     
  17. OR4X4

    OR4X4 Hour south of portland Member

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    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.
     
  18. joeroket

    joeroket Everett,Wa. Active Member

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

    billdeserthills Cave Creek, Arizony Well-Known Member

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    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
     
  20. Beefcake

    Beefcake Portland Active Member

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    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?"