Outdoor Holding Company, the owner of GunBroker.com, the online marketplace, has relocated its corporate headquarters from Scottsdale, AZ, to Atlanta, GA, effective October 1. This move is reportedly part of management’s efforts to reduce corporate overhead and control indirect costs.
The Scottsdale facility will be decommissioned.
“We are returning to our roots by relocating our headquarters to Atlanta, home of our GunBroker operations,” explained company Chairman and CEO Steve Urvan. “This necessary action is part of my previously announced efforts to reduce redundancies, lower indirect costs, and improve corporate efficiencies as we strive to grow Adjusted EBITDA over the next 12-18 months.
Urban also suggested that relocating the company’s headquarters to the primary operating site will “improve cultural cohesion while lowering corporate costs.”
“This is another step in sharpening our focus to remain the largest pure-play online marketplace for firearms and outdoor enthusiasts,” he added.
The headquarters relocation will result in a modest reduction in headcount, but no relocation expenses are expected, as the remaining Arizona-based team members will transition to working remotely.
Aside from merchandise bearing its logo, GunBroker does not sell any of the items listed on its website. Third-party sellers list items on the site, and Federal and state laws govern the sale of firearms and other restricted items. Ownership policies and regulations are followed using licensed firearms dealers as transfer agents.
Image courtesy Gunbroker
