Snippet from the court about Denver Defense

nbkky71 said:
Geez... I hard a hard time following what was going on from the article. I'd hate to be the presiding judge on that case
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You would be surprised at the convoluted load of BS that comes out in civil cases like this. It gets even worse when lawyers get involved.

A judges biggest challenge is to sift through all the crap being slung and focus on the relevant facts. Not all of them can pull it off.
 
TripleO7 said:
I wish!

That place had great potential.
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It’s for sale for $ 2mm and could maybe be had for $1.5mm. I’m not familiar with the area, or a range as a business, what kind of potential o you think?
 
JimB said:
It’s for sale for $ 2mm and could maybe be had for $1.5mm. I’m not familiar with the area, or a range as a business, what kind of potential o you think?
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Still has great potential for the area. And I live 5 minutes from there. So someone here needs to buy and reopen it.
 
JimB said:
It’s for sale for $ 2mm and could maybe be had for $1.5mm. I’m not familiar with the area, or a range as a business, what kind of potential o you think?
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Just a fantasy for me, but I have a pipedream about actually selling stuff. Kinda turn it into a PSA of sorts I guess. It was a nice range too. 50 yd. lanes, etc.
 
JimB said:
It’s for sale for $ 2mm and could maybe be had for $1.5mm. I’m not familiar with the area, or a range as a business, what kind of potential o you think?
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I truly enjoyed Denver Defense and shot there often. At $26,000 a month mortgage I can’t see it ever making it. You need to be a superstore at that large a payment plus variable expenses. No way memberships and range fees will ever compensate for needed retail sales. I ran a less than professional numbers sheet on it back when it shut down based on open seven days with sales employees and range/rental employees. HVAC is not normal. Bring in a complete turnover for fresh air is expensive. To break even I came up with 1.7 million before product cost for sales.

If I ever did it I would take the lobby and make it a restaurant that featured a shooting range and small gun sales store in the training rooms. It would become an out of the box type experience at that point which is necessary given it’s in a small community. It’s been on the market a long time. It will never sale for 2 million unfortunately. Nor 1.5. Nor 1.25. Nor 1.0 million. Look for a sub $900,000. The bank will cut losses and move on at 3.5 years.
 
For me business issue becomes one of predicting fear vs change in law. Getting in at $900k now and get it running so it kinda works and it’ll be huge when there is another “fear the Hillary” moment. However, if the laws change over the next few years to restrict ownership an ammo sales, boiling the frog, then it’ll slide into decline from maybe breaking even.

Would need to build a solid base of commercial contracts, law enforcement and security stuff, no idea what that part of the business looks like.

Restaurant, or sports bar kinda place, might serve as the clubhouse for golfers. Maybe best in a separate building given lead issues or fear of potential lead issues.

Maybe I’ll drive up there just to look.
 
Retail sales in brick and mortar building are being devastated. They will come look then buy online. You can’t survive with low margin products with high initial cost anymore. Add the fact that most of these sales are once in a blue moon sales other than ammo. You will not make it on gun sales. Consumables might sale but you will compete with Walmart on pricing.

Range memberships and fees can’t sustain those cost during non 2A rights threat years. The location is accessible but yet not near as convenient as a Blackstone with busy clients with high incomes. Lincoln County is slightly above 90,000. Iredell County has Point Blank Range which is very close with a larger population.

I think the initial owners had a good plan and marketing strategy yet when Trump won the election there was a huge drop in sales and shooting. I have clients on that road. There is a large traffic count on that road yet a low customer base. People are hesitant to leave the road due to the inability to make any left hand turns.
 
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