Acquisitions Anonymous: The $2M Gun Range Deal: Worth It or a Trap?

Acquisitions Anonymous: The $2M Gun Range Deal: Worth It or a Trap?

The team reviews a 40-year-old turnkey gun range and retail shop in Colorado listed for $2 million. The business reports $2.7M in revenue and $460K in SDE, supported by nearly $900K in inventory and a team of 13 employees. With seller financing available and a retiring owner, the opportunity comes with both operational history and growth potential.

Key Highlights:
Asking price: $2M with $460K SDE on $2.7M revenue
Nearly $900K in inventory—likely included in price
Regulatory risk: environmental hazards, FFL complexity, shifting gun laws
Margins: Firearms have little to no margin; profits come from accessories and range
Nearby competing listing offers leaner ops with higher returns