Extended family member, see only once or twice per year. He and his son dabble in various items, from flea market stuff, to collectibles, to vehicles, and firearms. They do sale at some local gun shows.
Basically, they want to get rid of all of their handguns, and only deal in collectible long rifles.They can't compete with larger vendors on price for new handguns.
Said that the big guys can get a big line of credit on an order of multiple, popular handguns that they can sale at the discounted price that they paid for the item. But because of the large volume orders, they get free ones as well. If they sell all at the wholesale price, they make 100% profit on the one(s) they received free.
He said the small guys like him are paying more for the item than the large guys are selling for. He said that most of the small vendors like himself are selling for $20 profit, sometimes as low as $10.
It was an interesting discussion. Said the greatest volume of what he does in firearms are $20 transfers.
Basically, they want to get rid of all of their handguns, and only deal in collectible long rifles.They can't compete with larger vendors on price for new handguns.
Said that the big guys can get a big line of credit on an order of multiple, popular handguns that they can sale at the discounted price that they paid for the item. But because of the large volume orders, they get free ones as well. If they sell all at the wholesale price, they make 100% profit on the one(s) they received free.
He said the small guys like him are paying more for the item than the large guys are selling for. He said that most of the small vendors like himself are selling for $20 profit, sometimes as low as $10.
It was an interesting discussion. Said the greatest volume of what he does in firearms are $20 transfers.