Sorry my "they" isn't referencing the FL directly but gun shops as a whole. Personally I think most made out better then they would have you believe. They should be able to float themselves through the short supply.
Sorry my "they" isn't referencing the FL directly but gun shops as a whole. Personally I think most made out better then they would have you believe. They should be able to float themselves through the short supply.
They moved a heavy volume in a short amount of time. If they can handle their books they'll be just fine. You're selling widgets, and your projected sales for the next 6 months is $6000. There's a run on widgets and you just made $6000 in one month. Is it not safe to say that you should be able to carry yourself through the next 6 months as that's what you were budgeted for? Would it also be safe to say that any further sales of widgets you may get in over the next 6 months is increasing your profit?
I may be all wet, but it seems logical to me.
I am suggesting they easily moved 6 months worth of gun sales. I don't believe guns to be typically a high volume mover so I would guess that most stores have (had) several months worth of sales sitting in the display cases.
Only if widgets ordered were received in qty's expected, prices remained at original cost AND OTC sales were not taking 7-10 days to remove from inventory.
IF you continue to sell last months volume, if not your expected sales figures go out the window. Take a hit on new sales due to no inventory and that $6K now has to cover X time frame until restocked. Just because they charge X and made X doesn't mean that amount is constant.
Would you like a Towel?
The Great Kazoo's Feedback
"when you're happy you enjoy the melody but, when you're broken you understand the lyrics".
If your business has several months of inventory on hand, you either have a shitty sales dept, ordered the wrong items, OR priced them too high. Not to sure how your business plan is set up. Mine wants to move inventory as fast as possible.
In today's gun industry, the potential to be shut down by end of business day, puts me wanting everything SOLD ASAP. NYS is a perfect example, tuesday everything in stock was legal, Wednesday morning it wasn't. I hit a few LGS's while there and believe me there are a lot of LGS's were put out of business with the stroke of a pen.
The Great Kazoo's Feedback
"when you're happy you enjoy the melody but, when you're broken you understand the lyrics".
I can agree with some of what you're saying. I guess I way under estimate the volume of average gun sales. When I walk into a shop and see several racks of long guns and several display cases of handguns, and take into account inventory I don't see, to me that's a lot of guns to move in a month without a panic.
I ask anyone here to name a single shop -anywhere- where you can still get NIB 5.56 cal AR15s for approx $1500. (When we can get them). Also, an earlier poster made reference to a few years ago when he was encountering counter sales staff who acted as if they were "badass". There is NO ONE at FL working there currently who acts like that. Like anywhere else, counter sales staff have varying levels of expertise, depending on their firearms experience. As an fyi- if it matters, we have 2 USMC vets, an Army vet, and a Brit Royal Marine behind the counters, along with the rest of us "commoners". We cannot make everyone happy, but we try the best we can.
Last edited by sneakerd; 01-31-2013 at 19:37.