I'm a small bussiness owner also and I buy all my guns from buds or kentucky gun.A 10-15 percent mark-up is fair on a new gun-because at the end of the day there not working on 10-15 percent.Lets average out-guns-ammo-reloading supplies-gun care products-range income-gun smith charges-mark up on used guns and trade ins.so at the end of the day they probably finish at 25-30 percent markup.
10%-payroll
10%-overhead(rent-electric-gas-phone......)
5-10% owner pay and or profit
Make no mistakes about it I've been in bussiness for myself in retail for 20 years and there are fair owners and there are greedy owners.
The fair ones who are happy with there 5-10% stick around the others don't last long!!!
There are so many things wrong with this statement I don't know where to start.
5-10% owner pay
OR profit?? They are NOT the same thing if you are running a business.
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Profit is money used to maintain and grow the business
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Owner pay is whatever the owner decides to take as his pay and in many cases they take much less than minimum wage considering they work 80+hours a week, every week all year long.
And here is where I really want you to explain yourself, what are "greedy owners"? Also, what is your business?
Am I greedy because I want a bigger/nicer home for my family?
Am I greedy because I want to go hunting and fishing in Alaska every year and I manage my business in a manner that allows me to do that?
Am I greedy because I want a second home?
The answer to all of those questions is "NO". My customers get what they pay for, I pay myself as much as possible, treat my employees great, and guess what, I'm raising my prices again this year because the economy is getting worse and good employees are impossible to find.
I own a powerwashing business, I am the most expensive in town AND I tell my customers that right up front so I don't have to listen to the whining from sticker shock. My employees start at 50% above min. wage (about 30% of gross sales) and if they stick around (good employees are impossible to find) they can earn more than $25/hr. I can charge the most because I am the best, I provide high quality service based around customer satisfaction.
One guy mentioned owning a pizza place - I live in a tourist area with a pizza joint on almost every corner. A single slice can run anywhere from $1 to $7 or more, for just one slice… The more expensive ones provide much better service and a better tasting slice cooked in a cleaner environment. If anything, I consider the less expensive joints to be greedier because they don't spend the money on providing a better service or higher quality slice. Even though they are busy, they are ripping people off.
As far as gun sales go, a new gun will vary in cost from manuf.>distributor and from dist. > retailer based on bulk purchases and annual purchases. If you move more volume you will usually pas less for each piece. Small LGS's don't have the ability to sell high volume new weapons unless the secure a contract with the LEO's or some other group. Even then they are usually limited to the discounted pricing on just that one specific weapon. Their money makers are used weapons which they usually don't buy unless they can at least double their money by selling at a used price.
9+ pound triggers. I called at least 5 different gunsmiths. None of them would TOUCH a trigger. "Insurance won't let me" was one response. Some never called me back after Joe Bob WhoKnowsWhyHesAnsweringThePhoneAnyway told me the 'smith wasn't there at the moment. I ended up sending the triggers to Montana or Wyoming (somewhere out there
) to get them fixed.
I said thanks walked away and bought the spam can. it was at the Wanenmacher gun show.