Since opening a $5 million armory in Nashville last month, Manookian and his business partner have outdone their own expectations, selling inventory three to four times faster than they expected. The facility has high ceilings and granite fixtures in the bathroom and provides instructional courses and a shooting range in addition to firearms for sale.
“It is a very strong investment,” Manookian said.
“Business has been very good,” said Frederick Prehn, who a year ago opened a small gun store above his dentistry practice in Wausau, Wis. In the past year, Prehn has relocated twice to larger spaces and gone from one employee to eight.
Some gun store owners can’t keep shelves stocked, said Brian Jones, owner of Bullseye Shooter’s supply in Painted Post, N.Y. Jones said he opened his gun store in November 2010. In his first year, he said he sold between 600 and 700 guns. A little more than halfway through his second year, he’s already sold 700.