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Thread: anyone here make money casting boolits??

  1. #21
    Boolit Master Adam10mm's Avatar
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    Yup. Been a commercial bullet caster and ammunition manufacturer for 3 years now.

    The money is in the volume. In reality to be competitive you are going to make maybe 1-3 cents per bullet gross profit.

    You certainly won't be rich and you won't even make much of a living at it.

    The thought of the economy of making your own bullets triggers one to think they can make a lot of money selling them. I was a victim of that thought process too.

    Let's take the hand caster with a Star sizer and Lar's lube into the picture. Foundry lead by the pallet is maybe $1.50/lb for 6/2 alloy. Let's cast some nominal 200gr SWC for the .45 ACP, H&G 68 type. 1,000 bullets is 28.57 or 29lbs for easy numbers. That will run a cost of $43.50/K. Figure 2 sticks of lube will run about $2, so our cost is up to $45.50/K. A guy with two Lee 6 bangers can do about 1,000 bullets an hour casting from 2 20lb Lee pots. Then sizing is about another hour. So 2 hours to cast and size 1,000 bullets. Bullet boxes will run you about 60 cents each to box up 500 bullets per box. Cost is now $46.70. Then running a label so your name and bullet type are on there along with your logo, probably 2 cents each to amortize ink usage.

    OK, cost now is $46.72 for 1,000 bullets. Now you have to factor your labor. You check Missouri Bullet as they are one of the leading bullet makers on the Net. You decide to match their price, since the convenience of having them for sale locally with no shipping but sales tax might make them a bit more expensive in the long run, but the customers have their hands on it today.

    Cost per 500 is $23.36 and you list your retail for bullets at $34/500 or $68/K. Your gross profit is $10.64/500 or $21.28/K. Yup. You're making about $10 per hour at retail consumer direct or a whopping 2.128 cents per bullet gross profit. You need to make room for resellers, so you take 15% off your retail price for dealers. Now your price is $28.90/500 or $57.80/K, with gross profit being $5.54/500 and $11.08/K, respectively. Nice. You're making a gnat's hair more than minimum wage as a self employed bullet making machine!

    Now for the same price plus a bit of shipping they can get the same thing you make but from Missouri Bullet Company who cares if you're local?

    If you are going to make any money you need to make serious volume and get your costs under control. To do volume required to stay profitable you can't cast by hand. That means spending $10,000+ on a commercial machine and a cool $8,000 more on a commercial sizer.

    Even hand casting with a commercial sizer and collator will size faster than you can cast. If the machinery is idle, it's costing you money, not making you money.
    "A man may not care for golf and still be human, but the man who does not like to see, hunt, photograph, or otherwise outwit birds or animals is hardly normal. He is supercivilized, and I for one do not know how to deal with him." - Aldo Leopold

    Live generously.

  2. #22
    Boolit Master
    wallenba's Avatar
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    You might need a FFL to sell them. It might be 'legal' to sell the alloy at an inflated agreed upon price, and as a favor for someone, cast them into boolits.
    Dutch

    "The future ain't what it used to be".
    -Yogi Berra.

  3. #23
    Boolit Bub
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    ok, freakshow talked me out of that one in a hurry!!

  4. #24
    Boolit Master



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    Now add into that you decide to cast Big Lube Blackpowder bullets, so you need to put them in styrofoam trays, about a quarter each, so another 1.00/1000. The lube stick is only good for about 200 bullets, so 5 sticks/1000 bullets. Add in buying a vacuum sealer and the plastic bags, and also the styrofoam peanuts so the USPS doesn't bust apart your trays and you have BP bullets all over. That is one of the reasons I am trying to get out of the bullet business and expand the leather half of my business. Plus it is lots easier to buy leather than good bullet lead. Casting your own pays, casting for others generally doesn't.

  5. #25
    Boolit Master
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    Quote Originally Posted by 1911fan View Post
    ok, freakshow talked me out of that one in a hurry!!


    Yes I think the key to "making money" or at least more money is one of the casting machines and lubing machines. Or several.

    I do know one guy who makes a pretty decent "supplemental" income selling bullets that are hand cast.

    He does mix his own alloy and gets a lot of it back from an indoor range.

  6. #26
    Boolit Master Adam10mm's Avatar
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    I mix my own alloy too. Consistency is hard plus the additional labor involved. I only cast from March to October, so I take 3 months off per year. The only thing that keeps me going is I serve the oddball/overpriced market so the money is there and I can beat the competition on price. Guys that price a lot cheaper than competition sink themselves in a few short months and close up shop. I'm nothing in this market but I've seen many bullet casters come and go since I've been in business. Pricing is an art as much a science. In manufacturing, the "lazy scheme" is double your cost and take 15-20% off for wholesale orders. Then let it ride.
    "A man may not care for golf and still be human, but the man who does not like to see, hunt, photograph, or otherwise outwit birds or animals is hardly normal. He is supercivilized, and I for one do not know how to deal with him." - Aldo Leopold

    Live generously.

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Abbreviations used in Reloading

BP Bronze Point IMR Improved Military Rifle PTD Pointed
BR Bench Rest M Magnum RN Round Nose
BT Boat Tail PL Power-Lokt SP Soft Point
C Compressed Charge PR Primer SPCL Soft Point "Core-Lokt"
HP Hollow Point PSPCL Pointed Soft Point "Core Lokt" C.O.L. Cartridge Overall Length
PSP Pointed Soft Point Spz Spitzer Point SBT Spitzer Boat Tail
LRN Lead Round Nose LWC Lead Wad Cutter LSWC Lead Semi Wad Cutter
GC Gas Check