Originally Posted by
Dave_L
So an extra 2 hours (open and close) for at least one employee to take them out and put them back away every business day (about 260 days). If you're paying roughly $12/hour to that employee, that would cost about $8,000 per year (I rounded up to $30/day expense because of payroll taxes and stuff makes that 12/hour actually more). So an extra $8,000 per year paid out, which means really you need to gross about 12,000 each year extra to pay for that. Not to mention, the cost of all the extra safes they'll have to buy, install, etc.
Or they just maintain their insurance premiums, pay their $1,000 deductible and move on *if* it happens to their shop. Again, insurance companies will dictate what the shops are willing to do. Gun shops have to watch the bottom line like any other business and why add cost if insurance will make you whole again?
I don't know all the exact numbers in the real formula but I'd assume what I presented is why more isn't done at some of these shops.