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What about The Range

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Manage episode 517588676 series 3698816
Content provided by Ken Carroll. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ken Carroll or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, Robert Wareham of Mountain West Firearms shares an in-depth update on the company’s ambitious plan to bring a state-of-the-art indoor shooting range to Western North Carolina. Robert explains how the original vision for Mountain West was never limited to retail— the goal was always to create a complete experience where shooters could train, practice, and learn in a modern, comfortable, and safe environment.

Listeners get an inside look at the business realities behind the project, from finding the perfect location near I-40 and U.S. 74A, to performing geotechnical studies, developing concept designs, and structuring an $8 million investment plan through private equity offerings. Robert details the painstaking due diligence process, legal requirements for SEC-compliant private offerings, and the efforts to include both large and community-based investors.

However, just as plans were coming together, Mountain West Firearms received notice of a competing offer on the property that forced an impossible decision. The seller shared contract terms with the new bidder, effectively undercutting Mountain West’s option. Unable to commit $125,000 in non-refundable earnest money on short notice, Robert and his team had to walk away from the site—losing months of work and investment in the process.

Despite the setback, Robert emphasizes that this is far from the end of the project. Mountain West Firearms remains fully committed to building a world-class range that serves everyone—from beginners to seasoned shooters, from men and women to families and law enforcement. He discusses what’s next, including exploring new sites along U.S. 74A, Hendersonville Road, or possibly outside Buncombe County to better serve the region.

The episode closes on an optimistic note: Mountain West Firearms isn’t going anywhere. The retail store continues to thrive, partnerships with major firearm brands are growing, and the dream of a high-quality, accessible indoor range for Western North Carolina is still very much alive.

Key Themes:

  • Business and investment challenges in launching a firearms facility
  • The importance of safe, inclusive range environments
  • Commitment to community and education
  • Overcoming setbacks in pursuit of a long-term vision
  continue reading

Chapters

1. What about The Range (00:00:00)

2. Welcome And Store Update (00:00:02)

3. Inventory Limits And Security Measures (00:01:41)

4. Why A Modern Indoor Range (00:03:23)

5. Location Hunt And Option Agreement (00:05:39)

6. Financing, Legal Prep, And Investor Plans (00:08:16)

7. The Competing Offer And Lost Site (00:10:53)

8. Commitment To The Project And New Search (00:13:11)

9. Community Outreach And Next Steps (00:15:04)

3 episodes

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iconShare
 
Manage episode 517588676 series 3698816
Content provided by Ken Carroll. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ken Carroll or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, Robert Wareham of Mountain West Firearms shares an in-depth update on the company’s ambitious plan to bring a state-of-the-art indoor shooting range to Western North Carolina. Robert explains how the original vision for Mountain West was never limited to retail— the goal was always to create a complete experience where shooters could train, practice, and learn in a modern, comfortable, and safe environment.

Listeners get an inside look at the business realities behind the project, from finding the perfect location near I-40 and U.S. 74A, to performing geotechnical studies, developing concept designs, and structuring an $8 million investment plan through private equity offerings. Robert details the painstaking due diligence process, legal requirements for SEC-compliant private offerings, and the efforts to include both large and community-based investors.

However, just as plans were coming together, Mountain West Firearms received notice of a competing offer on the property that forced an impossible decision. The seller shared contract terms with the new bidder, effectively undercutting Mountain West’s option. Unable to commit $125,000 in non-refundable earnest money on short notice, Robert and his team had to walk away from the site—losing months of work and investment in the process.

Despite the setback, Robert emphasizes that this is far from the end of the project. Mountain West Firearms remains fully committed to building a world-class range that serves everyone—from beginners to seasoned shooters, from men and women to families and law enforcement. He discusses what’s next, including exploring new sites along U.S. 74A, Hendersonville Road, or possibly outside Buncombe County to better serve the region.

The episode closes on an optimistic note: Mountain West Firearms isn’t going anywhere. The retail store continues to thrive, partnerships with major firearm brands are growing, and the dream of a high-quality, accessible indoor range for Western North Carolina is still very much alive.

Key Themes:

  • Business and investment challenges in launching a firearms facility
  • The importance of safe, inclusive range environments
  • Commitment to community and education
  • Overcoming setbacks in pursuit of a long-term vision
  continue reading

Chapters

1. What about The Range (00:00:00)

2. Welcome And Store Update (00:00:02)

3. Inventory Limits And Security Measures (00:01:41)

4. Why A Modern Indoor Range (00:03:23)

5. Location Hunt And Option Agreement (00:05:39)

6. Financing, Legal Prep, And Investor Plans (00:08:16)

7. The Competing Offer And Lost Site (00:10:53)

8. Commitment To The Project And New Search (00:13:11)

9. Community Outreach And Next Steps (00:15:04)

3 episodes

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