How to Buy and Sell Firearms in the USA – Things to Consider As a Gun Merchant

One of the most lucrative business in the USA today is the firearms business. Not only because Americans have always been obsessed with guns but because with this business you know you will have returning customers. People who buy firearms also need ammo and other gun parts or materials, so they will return to your gun store if you treat them as professionally as possible (true merchant).

In order to acquire a firearms license (also called FFL), that is the license to buy and sell guns, you need to file your application to the United States Department of Justice – Bureau of Alcohol, Tobacco, Firearms and Explosives (also called ATF).

After you submit your FFL application it might take 6-7 weeks before your application is reviewed and processed by the ATF. If everything goes according to plan and all the requirements are met, then your application will be accepted and stored.

Finally you will be issued your firearms license and you are ready to buy and sell guns from then on. The basic license costs around $200 for the first 3 years as of writing this (pretty cheap). Then it’s around $100 for every 3 years.

Let’s see some important notices that you should consider before applying for gun merchant and file your FFL application:

1. First of all you must intend to start a firearms business before applying. The ATF officers will easily identify whether you truly want to engage to this business or not.

2. After you send your application, an ATF officer will contact you so you better watch for their call. It is important to get a good recommendation from them.

3. While in business, every single firearms transaction must be recorded and you are responsible for the integrity of the records (required by law).

4. The ATF has the right to access your transaction records (required by law)

5. The ATF will notify other authorities about your FFL application.

6. USA States might have certain laws that require extra licenses or/and permits to obtain an FFL. You must always have a good knowledge of the State laws governing the firearms industry.

7. You should consider other firearms business requirements as required by State laws. For example collection of sales taxes, zoning restrictions, cash bonds, liability insurance etc. Also, that you will be required to provide genuine fingerprints and pay an application fee to the ATF.

To avoid denial of your FFL application make sure it is perfectly completed (you might need some expert advice on that).

If successful, you will acquire the firearms license and become an FFL Holder. And you can begin selling guns.