With nearly 20 years of continued growth, the Company has a robust brand as one of the top firearms and firearm accessories retailers in the country. Located in the Southeast but has a national outreach through online channels. They started making e-commerce sales in 2019, which grew to 30% of total revenue in 2020, despite not having a dedicated e-commerce team. 2020 saw $34 million in sales and $7.2 million in EBITDA. The Company is capitalizing on the booming demographic of first-time gun owners and has a loyal base of long-time gun owners who return for new firearms, ammunition, and accessories. They carry a broad inventory of firearms market and knows their products better than competitors. With no debt and over $5 million inventory, the Company thrives even when other industry players are forced to pull back. Business has performed favorably during COVID-19 with no interruption.
Seller Reference #MINNEMN003-N2201
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