43 Year Old Holster Making Company For Sale

[Lobo]

I have been manufacturing holsters, belts, and related accessories since 1972. Business is located in Pueblo, Colorado (population 108,000, semi-arid southwest US location, consistently rated as having among the lowest costs of living in the US). This has been a part-time business for many years as I completed a career in law enforcement, and has been full-time the past 8 years. Customers in all 50 US states and 33 other countries so far. 13 holster designs (several unique, not available from other sources) plus belts and accessories provide a very broad product line-up.

Assets include a website (currently drawing 1500-plus hits per week), equipment (including Cobra Class 4 stitcher, hand tools, shop fixtures), leased production shop (about 8 months remaining on current lease, should be no difficulty in renewing), all supplies, trade name, and excellent business reputation (approx. 30% of new orders are repeat customers, along with many referrals).

Solid cash flow and order volume. Low fixed operating expenses and excellent profitability (approx. 85% gross profit margin). I am considering a sale due to retirement, not because of any business problems. I have just reached a point where it is time to slow down.

Requires a person with good basic skills in leather crafting, some artistic abilities, good management skills, and the ambition and drive required to work long hours for a good income and future. I envision a transition period of 6 months to one year during which I will remain active in the business, teaching and mentoring the new owner, after which I will remain available for consultation and assistance as long as necessary and as long as I am able.

Willing to discuss outright sale at a reasonable price, or consider a multi-year lease-purchase arrangement. Price and terms are negotiable.

Interested parties may contact me via the website www.lobogunleather.com using the contact page. Further discussions may be done by telephone. Site visit and verification of assets, orders, and financials can be arranged for qualified persons.

[Dwight]

Sorry to see you hanging up your awl, . . . but I certainly wish you the best in your next endeavor.

You've been a good friend, . . . mentor, . . . and sounding board for many of us on here, . . . and if nobody else says it, . . . I will, . . . I'll miss seeing you on here.

Take care, . . . may God bless,

Dwight

[King's X]

I hope you find a good buyer to carry on your work. Enjoy your retirement!

[BondoBobCustomSaddles]

Real retirement is great, but; you will need to have something to help you fill your time and mind. If you don't already have some thought as to what it is you are going to do, my suggestion is to pick out that one project that you have always wanted to do but didn't have time, and spoil yourself. Good luck, and don't be a stranger to the site. Just because you are slowing down, doesn't mean your advice isn't still relevant, and needed. Once again, Good Luck!

Bob

[Double Daddy]

Been away from the forum for a little while...this is definitely not the kind of news I like coming back to, at least from the knowledge perspective. However, much success and blessings to you in your retirement and whatever your hands find work at next, Lobo. Dwight is most correct...you have been a mentor and great source for valuable information for many of us "little guys". Best of luck, sir!

[Lobo]

A deal has been done. Lobo Gun Leather will be going forward under new ownership in November, 2015.

[cardinal leather]

con grats on the sale. happy to hear that you can move on to retirement.