Originally Posted by walker77
Im thining about starting up a home ffl dealer. Maybe do some local transfers and also try to sell on gunbroker sites. Has anyone done this before? Is there any money to be made on selling new guns on gunbroker? Or is there too much compitition? Thanks!
I was going to do this and actually ordered the Apps from BATFe. My friend works there, and it's difficult for home-based people to get FFLs (other than Curio/Relic). The BATFe has been cracking down and not issuing these that easily.
First, it has to be a bonafide business. You need to pass zoning in your area. Generally speaking, the area for the gun sales (and safe storage) need be separate from your "home" (prefer a free standing structure). You are opening your doors, during business hours, to the BATFe coming by whenever they want, to look at your books. You won't make lots of money doing transfers anyhow.
But that's just my opinion. I gave up on the idea.