Obtaining an FFL?

[norcal_fisherman]

I'm considering obtaining my FFL to do PPT's for a side business. I had all the information a few years ago when I was considering buying out a firearms store, but am sure that I threw it away. Thanks for any information.

[Gator Monroe]

Harder than gettin a Liscense to sell Booze (But not as costly)

[C.G.]

There was a lengthy post by Big Mac detailing how he got his FFL. If you search threads started by him you should find it.

[ohsmily]

I'm considering obtaining my FFL to do PPT's for a side business. I had all the information a few years ago when I was considering buying out a firearms store, but am sure that I threw it away. Thanks for any information.

Where you live is a huge factor in your question. Some cities require a business license and actual storefront to operate with an FFL. In other words, you would not be able to do it out of your garage in some cities.

[ar15barrels]

I'm considering obtaining my FFL to do PPT's for a side business.

CA sets the price at $10 for a PPT.
Hardly profitable by the time you consider the the business license, insurance, security system requirements...

Make sure you live in an un-incorporated area.
Each city has different rules on whether they will allow an FFL business at all, or only in a storefront.

[FortCourageArmory]

As others have said, most cities require a business license and a storefront to sign off on your FFL. In addition to that ATF will not issue an FFL to you to operate out of your home if you live within a "reasonable distance" to a commercial area. Basically, they want you to have a storefront. The lady that conducted my interview last year when I got my FFL said that the "reasonable distance" meant anywhere near civilazation. If you lived out in the middle of nowhere and town was 50 miles away, you MIGHT have a shot at a home-based FFL. Otherwise, it's not going to happen.

That being said, PPT is the only type of transfer that has a state-mandated fee cap ($10 over registration costs). How in the world can you make anything at $10 a throw? The insurance requirements alone are huge, let alone the security and storage stuff. Might want to re-think this.

[halifax]

As others have said, most cities require a business license and a storefront to sign off on your FFL. In addition to that ATF will not issue an FFL to you to operate out of your home if you live within a "reasonable distance" to a commercial area. Basically, they want you to have a storefront. The lady that conducted my interview last year when I got my FFL said that the "reasonable distance" meant anywhere near civilazation. If you lived out in the middle of nowhere and town was 50 miles away, you MIGHT have a shot at a home-based FFL. Otherwise, it's not going to happen.

That being said, PPT is the only type of transfer that has a state-mandated fee cap ($10 over registration costs). How in the world can you make anything at $10 a throw? The insurance requirements alone are huge, let alone the security and storage stuff. Might want to re-think this.

What are the requirements for insurance? I know it would be prudent to have good coverage but was unaware it was required.

Thanks

[norcal_fisherman]

Thanks for all the good input, I'm thinking about starting up a firearms teaching (handguns, rifle, muzzleloader, shotgun, home safety) type of business as well as PPT and a few small purchases. Just testing the water first before opening a store, but I already own a business with a storefront, perhaps I'll use that.