New Norinco M14 Shipment Coming In!
- Thread starter vader_z
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Here is something we can agree with Bear:
If Canadian Tire is selling rifles for $465, do you think they are making a profit? Do you think the Canadian Distributor is making a profit? We can probably agree that the wholesale price is less than $465.
Let me add: I don't think CT and CD above are bringing in rifles for a $50 markup each, not if Frontier's markup is any indication.
In my opinion only, Frontier had at least a $174 markup before they reduced their price to $579 from $639. ($639-$465=$174). This markup was likely even higher.
Contrary to belief, I have no problem making profits. I make more than $200 an hour.
Here is the point of my argument: firearms markups are higher than ever. And it's been an EXCELLENT time to get into the business as profit margins have soared in 2008-2009. That's the reason I am here, to gauge the actual price of an M14 so I can consider bringing them in, but it seems, I'm not getting much help (and some of you nitwits think I am a socialist!). LOL. All I am trying to do is see if I can turn $400,000 into $800,000 in less than 12 months. I'd have to get this order started now if I am to take advantage of a low US dollar.
The rifle is $250usd at factory.
Costs to bring into Canada I don't know.
Norinco m14s is exclusive to Bell (wholesale), no others can touch in Canada. Even you have money don't think you can get them.
I know some people in Norinco/Polytech, so information should be accurate
Costs to bring into Canada I don't know.
Norinco m14s is exclusive to Bell (wholesale), no others can touch in Canada. Even you have money don't think you can get them.
I know some people in Norinco/Polytech, so information should be accurate
GLO 7;
I am a little confused here by your statement yesterday when you said "Hey, if these corporations can import an M14 from Norinco, believe me, so can mine."
LES DISTRIBUTEURS R. NICHOLLS INC. Longueuil Quebec J4G 1G3
NORTH SYLVA CO DIVISION OF PARKLANDS MANOR INC Toronto Ontario M6M 2L7
F.N Sports Longueuil, QC, J4G 1G3
SO WHICH COMPANY do you own ?? May I have a name ?? You may e mail me john@marstar.ca or PM....
I would like to contact you as I think I can offer you some very interesting deals on firearms and munitions I have offshore....
Goods I own, not third party offerings....
John
I am a little confused here by your statement yesterday when you said "Hey, if these corporations can import an M14 from Norinco, believe me, so can mine."
LES DISTRIBUTEURS R. NICHOLLS INC. Longueuil Quebec J4G 1G3
NORTH SYLVA CO DIVISION OF PARKLANDS MANOR INC Toronto Ontario M6M 2L7
F.N Sports Longueuil, QC, J4G 1G3
SO WHICH COMPANY do you own ?? May I have a name ?? You may e mail me john@marstar.ca or PM....
I would like to contact you as I think I can offer you some very interesting deals on firearms and munitions I have offshore....
Goods I own, not third party offerings....
John
By the time its all said & done you will probably tie up $400k for a year (if you are lucky) & make a net profit of $50k. Or, maybe the gov will change firarm classifications in the meantime, seize your shipment & you will get jack s**t.
The rifle is $250usd at factory.
Costs to bring into Canada I don't know.
Norinco m14s is exclusive to Bell (wholesale), no others can touch in Canada. Even you have money don't think you can get them.
I know some people in Norinco/Polytech, so information should be accurate
Thanks for writing CIM. I calculated 1440 units in a 20' container or about $360,000USD x 7% at this writing (excluding shipping costs of approx. $1.73 per unit, export and import costs of course). Frankly, I don't think Bell is bringing more than 700 units at a time. Retail is stocking 5-10 pieces at most everywhere I have checked (about 10 stores across Canada). It may be that even Bell cannot obtain more than 700 units per shipment (if my "speculation" is correct). OR, let's "speculate" a little further: perhaps Norinco would be interested in a 1440 unit order? Do you think they would ignore that? I don't.
PS - $400k is at 1.75% interest, TD Bank.
Hi John, Thanks for writing, but I would only buy direct. And if this doesn't work out, for whatever reason (i.e, a commie liberal complaining about a 1440 unit M14 arms shipment coming into Canada for example), I'd rather not reveal the company name until such time as I have export/import under control, shipment is en route. If this doesn't work out, I would rather not have my company name discredited or marked as a failure. Things happen, but I am hopeful at this writing all the same and I did manage a named resource at Norinco Equipment.
I would also add that I am not really interested in any other firearm. The M14 is extremely versatile and the margins are very attractive. It also seems to me that everyone here thinks prices are going up and I like that. So, if I can secure even a small shipment, I think holding it in storage for 1-2 years might also be something I would consider as a serious investment. In two years, the retail price on an M14 could be $799.
If I had a gunsmith tweak each rifle, check headspace, etc., add a custom mod or two for a new style build for a specific market, perhaps a higher retail price could be justified.
I haven't really seen any major outfit go big into the custom modification of a firearm like this one. No rifle really qualifies and as I said, no rifle I know of has such versatility across several fields of endeavor: sport shooting, hunting, combat and any other general purpose utilization in an urban SHTF environment. The M14 is a ripe platform for such a venture and its a rifle with enormous potential.
Guys like M14doctor are pioneers (but they don't really know it) and they are sitting on something very, very big.
Well this is an interesting thread to stumble upon.
As someone who's family is involved in the Shipping Industry I'll be keeping a close eye on the end results.
And also if this pans out, as I wouldn't mind an M14 myself some day.
As someone who's family is involved in the Shipping Industry I'll be keeping a close eye on the end results.
And also if this pans out, as I wouldn't mind an M14 myself some day.
GLO-7;
"I calculated 1440 units in a 20' container " closer to 2000 units
I cannot resist your deal here "(excluding shipping costs of approx. $1.73 per unit, export and import costs of course). "
This is a fantastic feat indeed, I would gladly pay you to handle shipments for us....
How do you manage to move a container for what amounts to peanuts, Inland shipping from the factory to Hong Kong, export fees, port fees, sea container to Vancouver, inland shipping in Canada, Insurance, Duties, Inspection fees etc, etc....
Why are you concerned " $400k is at 1.75% interest, TD Bank. "
Why are you borrowing to buy ?? Bad move.
I look forward to your comments
John
"I calculated 1440 units in a 20' container " closer to 2000 units
I cannot resist your deal here "(excluding shipping costs of approx. $1.73 per unit, export and import costs of course). "
This is a fantastic feat indeed, I would gladly pay you to handle shipments for us....
How do you manage to move a container for what amounts to peanuts, Inland shipping from the factory to Hong Kong, export fees, port fees, sea container to Vancouver, inland shipping in Canada, Insurance, Duties, Inspection fees etc, etc....
Why are you concerned " $400k is at 1.75% interest, TD Bank. "
Why are you borrowing to buy ?? Bad move.
I look forward to your comments
John
GLO 7;
" I would only buy direct"
I apologize, I had no idea that you were that big, As Marstar currently supplies the two largest importers in the USA as well as most of the wholesale distributors in Canada, I did not realize we had missed one.
I am puzzled by your statement "I'd rather not reveal the company name until such time as I have export/import under control,"
Both of the firms you mentioned have absolutely no reason to be ashamed of their company or of their internmational reputation.
I can't see why you would be ??
"I would rather not have my company name discredited or marked as a failure." My friend if you are concerned of failures in this business then you are truely a "virgin", the arms trade is full of failures and disappointments, if you haave not experienced any then you are either very astute or VERY lucky.
"I am not really interested in any other firearm. " For someone who claims to have been a "gunrunner" you can afford to pass on deals without knowing what they are, I envy you.
On the other hand should you be interested in some very nice surplus rifles let me know. Garands, Enfields, Mausers etc.... My employees are currently doing the inventory of three foreign sites....
I don't understand your fixation on money costs etc, etc, a firm the size of yours would not worry about that....
MY RULE of thumb in the surplus business or for that matter any arms import these days, IF you can't afford to lose it don't buy it....
Just like going to the casino....Its a gamble.
I am certain you won't mind if I speak with Robert about some of the material, I would feel better if I could say who I was talking with rather than GLO-7 ?? Or are you the new owner ??
Regards
John
" I would only buy direct"
I apologize, I had no idea that you were that big, As Marstar currently supplies the two largest importers in the USA as well as most of the wholesale distributors in Canada, I did not realize we had missed one.
I am puzzled by your statement "I'd rather not reveal the company name until such time as I have export/import under control,"
Both of the firms you mentioned have absolutely no reason to be ashamed of their company or of their internmational reputation.
I can't see why you would be ??
"I would rather not have my company name discredited or marked as a failure." My friend if you are concerned of failures in this business then you are truely a "virgin", the arms trade is full of failures and disappointments, if you haave not experienced any then you are either very astute or VERY lucky.
"I am not really interested in any other firearm. " For someone who claims to have been a "gunrunner" you can afford to pass on deals without knowing what they are, I envy you.
On the other hand should you be interested in some very nice surplus rifles let me know. Garands, Enfields, Mausers etc.... My employees are currently doing the inventory of three foreign sites....
I don't understand your fixation on money costs etc, etc, a firm the size of yours would not worry about that....
MY RULE of thumb in the surplus business or for that matter any arms import these days, IF you can't afford to lose it don't buy it....
Just like going to the casino....Its a gamble.
I am certain you won't mind if I speak with Robert about some of the material, I would feel better if I could say who I was talking with rather than GLO-7 ?? Or are you the new owner ??
Regards
John
WOW - this is getting good
borrowing near 1/2 million dollars to purchase rifles that may or may not turn a profit or even be allowed into the country with a stroke of an RCMP pen ----
You will tie up your money (with interest accruing) for a long time before you even begin to have a chance to sell a rifle
As I mentioned before -- bring this to Kevin on Dragon's Den and get them to invest -- see what their comments are.
My view based on the assumptions and all the speculation and other "facts" stated herein (and knowing how costs eat up profits like pac man) -- the risks are far too great for the possible profit that you realize once (if) you sell all of the rifles.
borrowing near 1/2 million dollars to purchase rifles that may or may not turn a profit or even be allowed into the country with a stroke of an RCMP pen ----
You will tie up your money (with interest accruing) for a long time before you even begin to have a chance to sell a rifle
As I mentioned before -- bring this to Kevin on Dragon's Den and get them to invest -- see what their comments are.
My view based on the assumptions and all the speculation and other "facts" stated herein (and knowing how costs eat up profits like pac man) -- the risks are far too great for the possible profit that you realize once (if) you sell all of the rifles.
10 pallets @ 144 rifles per pallet (I based this on one box measuring 46"x8"x4"). Just a guess anyway, I am not at this point yet.
Did you miss the export/import costs in that sentence John? Just wondering.
Perhaps just getting a better rate quote would be a good idea? Try Colbeck and Clarke, I use them for Europe/Japan. I hope that's helpful to you.
You know, I've come to realize after many of your comments of disbelief here John that you and I have severely different points of view about business. I'm an open business guy. I can talk about such things (prices, etc) without care. What are you so afraid of with people knowing how much you pay for things? None of that matters. You've been in business a long time. People know that you're an honest guy, so take it easy. No one is attacking your character over a $150 markup, least of all me. I see you disagree with many of the points I am making and I respect that because you are a knowledgeable firearms reseller but we've come to know that my $250 wholesale price target wasn't too far off, despite it being ridiculed as speculation. Despite what you may think, I can move product from one continent to another, cost effectively. I may even have connections you don't. I've been shipping 300 of this and 300 of that back and forth to Europe and Japan for a long time so if I come across with these $1.73 figures, they're not without basis in fact.
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