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….
Make money. 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.
Flexibility. 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!