Gunsmithing & Firearms

Shop is well known for helping “new to firearm” customers? & for AR-15? customization and upgrades. Continuous increase in new customers arriving from other states where many firearms are not permitted.? Lease contract available with landlord, currently month-to-month. Inventory managed with Quickbooks "Point of Sale". Allows for instant access to reports, inventory levels, transaction breakdowns, printing work/sales orders, price tags, etc. Extensive documents and spreadsheets created to aid in operations. Federal Firearms license requirements: Option 1, Buyer applies for a new FFL at current address and transfers inventory on to thier books. Option 2, Buyer is added as a "responsible person" to current license and assumes reponsibility for all previous firearms transaction. Location: Austin, Texas Year Established: 2013 Number of Employees: 0 Real Estate: Leased Building Sq. Ft.: 400 Rent: $1,000.00 Per Month Facilities: The building is 1930s era and dates back to the construction of Mansfield dam. It was extensively re-modeled in 2013 to include: security measures ,exterior cedar window treatments, new rustic flooring, new paint, lightining, & gun genre specific memorabilia. Custom cubbies, check out counter, and gun racks built. Two 6 foot and two 4 foot lighted glass display cases. Custom Work bench with peg board. Website: WWW.FORTFLETCH.COM Market Outlook/ Competition: Market demand has diminnished slightly from 2020's all time highs, but is still relatively very strong. Also the influx of new residents from out-of state generates increasing demand. Shop is situated in a Prime location near Mansfield dam on FM620 (est 60,000 vehicles travel per day). Most of our customer base is within the affluent Lakeway/Steiner Ranch area, however we have customers throughout the state. Closest competetor is over 6 miles away. Growth & Expansion: On May 7tth, ATF proposed a rule change that will have a profound positive impact on FFL dealers. "Definition of “Frame or Receiver” and Identification of Firearms" will designate parts of a "Split" reciever as firearms themselves. In other words, AR uppers and pistol slides will require serialization and a FFL to transfer them. Internet sales for various rare and collectible consignment & used firearms represent a growth opportunity. Buyers have more confidence in purchases when they are represented by a reputable FFL.