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Old February 23, 2001, 07:51 PM   #6
AR-10
Senior Member
 
Join Date: January 10, 2001
Location: Iowa
Posts: 1,182
Jeff OTMG is right about the initial investment. I looked into this last year. I was told the air filtration system alone could run $50,000. And insurance, IF you can find an underwriter, is prohibitive. My county couldn't support a business with the kind of outlay and overhead I was looking at.

I also looked into opening a gunshop. Minimum insurance coverage for merchandise theft or fire ONLY was 10% of value of stock on hand per year. I never did find an underwriter willing to talk about liability insurance.

Something to keep in mind when you find out that your local dealer needs to mark a handgun up $150 to make a profit.
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