I just spoke with the most knowledgeable, firearm retailer I know. he’s the largest Ruger retailer in the world and the largest firearms retailer in the Midwest.
He said the market is very tough right now. You can’t give away a gun store right now (one with primary sales in firearms and ammo)
unless you have cash to purchase it. no national bank is loaning you the money to buy a gun store.
Many large banks are sending your firearm credit card purchases to the ATF and FBI. They are definitely not loaning money to help the firearm industry.
Many large retailers are sitting on piles of guns. This drives the price down because they won’t purchase unless it’s an absolute steal. the market is flooded.
Now that is the overall picture. I can’t say if that has impacted this niche market. Or if it’s seasonal. But AR’ AK’s the largest portion of the market is dead.
He said the market is very tough right now. You can’t give away a gun store right now (one with primary sales in firearms and ammo)
unless you have cash to purchase it. no national bank is loaning you the money to buy a gun store.
Many large banks are sending your firearm credit card purchases to the ATF and FBI. They are definitely not loaning money to help the firearm industry.
Many large retailers are sitting on piles of guns. This drives the price down because they won’t purchase unless it’s an absolute steal. the market is flooded.
Now that is the overall picture. I can’t say if that has impacted this niche market. Or if it’s seasonal. But AR’ AK’s the largest portion of the market is dead.