The back story is I have applied for my ffl, my state sales tax, ein number, have a cpa, and I am keeping every receipt.
Let's talk about the reasonable expectations of a gun shop that buys, sells, and trades.
I understand that money is made when you make a purchase and not when the sale is made. I feel when buying out right I should only pay between 50-60% of its real market value i.e. what a live auction on gunbroker commands.
I understand when trading I should always take money in with the trade or make it a even trade for a more valuable item.
I understand new gun sales suck and do not make the money one needs to stay in business, furthermore I only plan to buy and stick items that are quick selling.
What I don't understand is how to tell some one a $1200 Smith and wesson 29-2 can't be sold to me for $1200, without sounding like I am trying to take advantage of them. I expect a $400 profit on a 1000 dollar sale.
Other than providing support and services that other shops do not How do you think I can stay ahead in the game?
Let's talk about the reasonable expectations of a gun shop that buys, sells, and trades.
I understand that money is made when you make a purchase and not when the sale is made. I feel when buying out right I should only pay between 50-60% of its real market value i.e. what a live auction on gunbroker commands.
I understand when trading I should always take money in with the trade or make it a even trade for a more valuable item.
I understand new gun sales suck and do not make the money one needs to stay in business, furthermore I only plan to buy and stick items that are quick selling.
What I don't understand is how to tell some one a $1200 Smith and wesson 29-2 can't be sold to me for $1200, without sounding like I am trying to take advantage of them. I expect a $400 profit on a 1000 dollar sale.
Other than providing support and services that other shops do not How do you think I can stay ahead in the game?