Gun Shop
Startup Costs: $10,000 - $50,000
Franchises Available? No
Online Operation? Yes
In spite of the fact that gun ownership is becoming increasingly restrictive due to government legislation in both the United States and Canada, opening and operating a retail business that buys, sells, and trades guns still has the potential to be profitable. In addition to gun sales you can also sell ammunition and hunting-related products as well as offer a gun repair service. Promote the business by establishing alliances with gun clubs and shooting ranges as well as with firearm instructors, as these clubs and individuals can refer your business to others. Starting this type of retail business will require a substantial investment and you will also have to clear a few legal hurdles before you can open. A well-promoted and operated gun shop could return the owner a six-figure yearly income.
Gun Shop Ideas
Newsstand
Outdated, you say? In spite of online media convergence, classic print newspapers will never grow old.
Wine Shop
Drink to your health and to your business.
Fabric Shop
Add some texture to your business side with a shop that's made of good material.
More from Business Ideas
Ask Marc | Get Free Business Advice From the Co-Founder of Netflix
Get the answers to your most challenging business problems during our next Ask Marc, live Q&A, on 6/13/24 at 2 PM ET. You don't want to miss it—send in your questions now.
20 Side Hustle Ideas for Summer 2024: Part One
Instead of spending money this summer, prepare now to make extra cash through the following side hustles while still enjoying your free time.
7 Practical Tips for Running Multiple Businesses Successfully
Thinking of starting additional businesses alongside your existing ventures? Learn some practical tips for successfully juggling multiple companies from this insightful blog post.