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Based upon observation as well as some conversation with local shop owners, here's a few points.
Profit on new guns is minimal (esp. compared to many other types of merchandise).
Profit on used guns is better.
Much of their profit comes from gunsmithing, in some cases the majority of it.
Location matters-ALOT--Get a map and see where the competition is, then look for a location where they AREN'T. A couple of the "best" shops in my area are nearly 1 hour away, so I don't frequent them nearly as much as the closer ones.
And the biggy, for any business, is keep your overhead low. Having owned a couple of small businesses, and been involved with running a couple more, I know that its easy for overhead to get out of control.
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"If you Listen to Fools, the Mob Rules"
"No one has the answer, but one thing is true.
You'e got to turn on evil, when its coming after you.
You've gotta face it down,and when it tries to hide,
you've got to go in after it, and never be denied.
Time is running out...Let's roll.
Let's roll for freedom, let's roll for love.
We're going after satan, on the wings of a dove.
Let's roll for freedom, let's roll for truth.
Let's not let our children grow up fearful in their youth."
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