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What is the difference between a Type 1 and Type 2 FFL?

A type 1 is also used by gunsmiths, and cerakote/duracoat companies to receive firearms. Type 02 \u2013 An FFL type 2 is identical to an FFL type 1 except for one small detail. A Type 2 FFL allows the dealer to be a pawnbroker of firearms. As a Pawnbroker a Type 2 FFL can hold a firearm as security for a loan.

Who fills out Form 4473?

A Firearms Transaction Record, or ATF Form 4473, is a six-page form prescribed by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) required to be completed when a person proposes to purchase a firearm from a Federal Firearms License (FFL) holder, such as a gun dealer.

Can you print out 4473?

If using an older version of Windows, to print a completed ATF Form 4473, you must save the PDF file to your computer first. Then, open the saved file and print the form. For more information, please view Printing e4473 PDF Using Older Windows Operating System.

How does an FFL make money?

The FFL either collects a flat fee from the distributor for handling the transaction or charges the buyer a fee for the transfer. Either way, since you don't have to purchase and hold inventory, this is a great way to make money with your FFL.

What can a Type 7 FFL do?

The Type 07 FFL is by far the most useful and versatile FFL for most people. Not only can you buy, sell and repair guns, you can also manufacture guns and ammo, plus sell NFA items like silencers, and with a Class 03 SOT, manufacture NFA items!

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How much does it cost to get a FFL license in Arkansas?

FFL Cost in Arkansas An FFL in Arkansas costs between $30-$200 for the first 3 years that you are licensed. When you fill out an FFL application with the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF), you choose from several license types.

What can a Type 7 FFL do?

The Type 07 FFL is by far the most useful and versatile FFL for most people. Not only can you buy, sell and repair guns, you can also manufacture guns and ammo, plus sell NFA items like silencers, and with a Class 03 SOT, manufacture NFA items!

Is being an FFL profitable?

Since all online sales other than antiques require an FFL to do a background check, those required transfers are a lucrative way to make money with an FFL. Otherwise, the same basic rules for inventory apply. New guns have lower margins than used guns, and accessories and ammo can be a good source of profit.

Is being an FFL profitable?

Since all online sales other than antiques require an FFL to do a background check, those required transfers are a lucrative way to make money with an FFL. Otherwise, the same basic rules for inventory apply. New guns have lower margins than used guns, and accessories and ammo can be a good source of profit.

Where can I get a ATF Form 4473?

ATF Forms 4473 are available free of charge from the ATF Distribution Center. Forms may be ordered online at www.atf.gov/distribution-center-order-form. Please order a quantity of forms estimated for 6 months use.

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