What are the benefits of a FFL License?
So you’re thinking about getting your federal firearms license. You might be asking yourself what some of the benefits to getting your FFL might actually be.
Here’s some you may or may not have already thought of:
Save money on guns and accessories. Firearms have a markup of roughly 30 percent. So when you order from a wholesaler with your fancy new FFL, you’ll be saving 30 percent! Just for a frame of reference, a brand new Glock 17 retails for about $500. When you purchase through a wholesaler, you’ll only be paying $350!
Help your friends and family save money, too. You can pass your savings onto your friends and family. Or at least give them a discount. They are family after all….
Sell the guns and accessories you’ve purchased for full retail to make some money. It will help to cover the cost of the license and pad your wallet too! The license costs $150 which covers you for three years. So sell just one of the aforementioned Glocks in a three year time period, and the cost of your license is covered! You can also offer your services as an FFL and help people do transfers. (See our blog titled “What is a transfer?” for more information on transfers.)
Get the good stuff
There has been a lot of law-changing going on lately in several states. Most of those laws exempt dealers from their confines. You won’t be able to resale any of the restricted items to in state residents, but you can still sell those products online and own them yourself! Be sure to check with local officials to confirm.
Want to find that perfect gun you’ve always wanted? Get your FFL, set up wholesaler accounts, and then browse their websites to find exactly what you’ve always been looking for!
With all of these benefits, you cannot go wrong. What are you waiting for? Get your FFL now and start saving today! Join FFL123.com Today!
As a reminder, ATF won’t approval an FFL for 100% personal usage only, so you will need to be willing to help others with transfers, etc. Believe me, once you have an FFL you will be popular indeed!
Common FFL Related Questions & Answers Have we helped someone near you? See map! See our 100% Positive Feedback on eBay since 1998! See 100% Positive feedback on Gunbroker since 2004!
How long does it take to acquire license in Tenn, and also do you help with SOT License to buy and sell class III??
about 60 days, yes, we cover Class 3 as well!
Hi. This sounds interesting. If I currently work from a collaboration office, but would like to open an online business selling full sized pistols (and gear) for private security pros. Is getting a federal firearms license a requirement? Does getting state in county FL licences/permits factor in?
No, not required. FL has some specific items, we cover on our guides sir.
If I have an FFL, and I buy a suppressor for myself. Do I still have to pay for the stamp, or do I get any type of cost savings in this situation?
If you have FFL & Class 3.. no tax stamp
If I have my FFL can I start a online business selling parts for ARs and building and selling them
Yes, our guides cover how to do this sir.
ATF site mentioned something about an inspection, then said something about the meeting with the agent. Does that inspection include a search/inspection of your home/property, or is it just a meeting with the agent?
ATF meets to ensure you understand the paperwork part, our guides cover this in great detail sir.
If liberals ban semi autos like they did in 1994, are ffl’s exempt from this ban and can still purchase them?
Normally, yes, dealers are exempt from state laws.
Regarding your previous response, would you expound on “FFL dealers are exempt from state laws”. I am a PA resident and live 1 mile from the NY border. Will an FFL license issued to a PA resident be recognized by a neighboring state such as NY? Secondly, if an FFL licensed individual who possesses a CC permit in his/her home state traveled into an adjoining state, are personal handguns covered by the FFL, or just handguns being transported for the purpose of business, e.g.: to and from a gun show or another FFL shop in a state other than the FFL’s home state? Thank you, Roger C. Morrison
Are you an FFL123.com customer?
No, just came across your website when looking up FFL information.