Local gun shops

Insurance, taxes, insurance, pay role, taxes, insurance, utilities, insurance, building maintenance, inventory. Did I mention insurance and taxes?
If you were to ask, most retail businessmen would reply that a 1.40 profit margin is what is required to meet all these overhead factors and the owner be able to eat something other than raman noodles. If you asked local gun shop owners (and they answered truthfully) the average margin on guns would fall somewhere between 1.20 and 1.30. For most small shops it's a labor of love not riches!
I'm not sure what we would've offered for your gun, but I do know if available, we would most likely turn that Ruger 1911 four or five times before we sold your rifle.
In our shop, do to demographics, consignment of your gun might've been the best option for both parties.
 
Anyone that deals in used is looking for 100% markup as a rule. If they cant double their investments its legitimately not worth their time. Cars, guns, bubble gum, its all the same. There may be 1 person out there that really wants that particular rifle and will pay a grand for it. But it may be 5-10 years before he walks in that store. You cant market to him, you have to market to the masses. Otherwise youre out of business years before you sell that item. Vs the nib, that will probably sell 2-3 times in the next 2-3 months.

No biggie really, its just the way resale works.

Fwiw i set my own rates and am 100% willing to negotiate. We start at my base price and can go up as high as you want
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Originally Posted By: NdIndyAnyone that deals in used is looking for 100% markup as a rule. If they cant double their investments its legitimately not worth their time. Cars, guns, bubble gum, its all the same. There may be 1 person out there that really wants that particular rifle and will pay a grand for it. But it may be 5-10 years before he walks in that store. You cant market to him, you have to market to the masses. Otherwise youre out of business years before you sell that item. Vs the nib, that will probably sell 2-3 times in the next 2-3 months.

No biggie really, its just the way resale works.

Fwiw i set my own rates and am 100% willing to negotiate. We start at my base price and can go up as high as you want
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Is there a market for used bubble gum?


Chupa
 
Originally Posted By: ChupathingyOriginally Posted By: NdIndyAnyone that deals in used is looking for 100% markup as a rule. If they cant double their investments its legitimately not worth their time. Cars, guns, bubble gum, its all the same. There may be 1 person out there that really wants that particular rifle and will pay a grand for it. But it may be 5-10 years before he walks in that store. You cant market to him, you have to market to the masses. Otherwise youre out of business years before you sell that item. Vs the nib, that will probably sell 2-3 times in the next 2-3 months.

No biggie really, its just the way resale works.

Fwiw i set my own rates and am 100% willing to negotiate. We start at my base price and can go up as high as you want
laugh.gif


Is there a market for used bubble gum?


Chupa

Think of the gold mine you could harvest under movie theater seats
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