Daytona Beach, FL – SCCY Industries, once a controversial star in the American handgun market for what many had called “copies” of competing handgun models, has officially filed for Chapter 11 bankruptcy protection in the Middle District of Florida.
The filing comes after the company abruptly shut down operations earlier this year and had its Daytona Beach factory seized by the Volusia County Tax Office over unpaid taxes.
Shutdown and Seizure
Founded in 2003 by mechanical engineer and tool-and-die maker Joe Roebuck, SCCY made a name for itself with affordable, American-made pistols like the CPX series. By 2022, the company was among the Top 10 domestic pistol manufacturers by volume, according to Shooting Illustrated. But by March 2025, SCCY’s facility at 1800 Concept Court was shuttered and posted with a notice of seizure for unpaid tangible personal property taxes totaling nearly $250,000.
“All equipment, furniture, and fixtures located inside this location regardless of status (owned, leased, loaned, or borrowed,) are subjected to taxation and are now under pending levy and seizure,” the Volusia County Tax Office posted at the time.
SCCY Industries, LLC Files Chapter 11 Bankruptcy
BANKRUPTCY FILING ALERT
SCCY Industries, LLC
Chapter 11 – Middle District of Florida
Filed: August 1, 2025
Case No. 25-04877Assets: $1M-$10M | Liabilities: $1M-$10M | Total Creditors: 1-49 | Industry: Firearms… pic.twitter.com/KmOFUJe5ds
— RK | Consultants (@_RKConsultants) August 1, 2025
Bankruptcy Details
On August 1, SCCY Industries, LLC (Case No. 6:25-bk-04877-GER) filed its voluntary petition for Chapter 11 reorganization. The company reported both assets and liabilities in the $1 million to $10 million range, with fewer than 50 creditors.
The filing lists major debts, including:
- $599,676 to Center Point Business Park (its landlord)
- $406,332 to the County of Volusia
- $283,096 to BFB, LLC
The petition was filed by attorney Justin M. Luna of Latham, Luna, Eden & Beaudine LLP. Judge Grace E. Robson is overseeing the case. As of this writing, the court has authorized the company to continue limited business operations as a debtor-in-possession.
A full Chapter 11 plan and disclosure statement are due by December 1, 2025.
Just saw today that SCCY Industries had filed Bankruptcy.
GOOD! When your business model is stealing other people’s ideas, you deserve to vanish.
Never once had an original idea.
— Golden Age Matt (@MattFromDeltona) August 2, 2025
No Online Presence Remains
SCCY’s website and all official social media accounts have either been deleted or suspended. There has been no public statement from founder Joe Roebuck or any company representative.
Industry-Wide Struggles
SCCY’s bankruptcy highlights a broader downturn in the U.S. firearms market. According to RetailBI, firearm sales dropped 9.6% year-over-year in Q1 2025, with handguns falling 9%, rifles 12.3%, and shotguns 7.5%. Rising inflation, higher interest rates, and shifting consumer priorities have hit many manufacturers hard.
While some companies have weathered the storm or downsized quietly, SCCY now joins a growing list of gun makers that have either shuttered or turned to the courts for financial restructuring.
What Comes Next?
With its assets seized and its reputation tarnished by months of silence, the future of SCCY Industries remains uncertain. Whether a reorganization is even possible will likely depend on whether the company has any recoverable assets left to rebuild from.
SCCY Industries handguns are still available on the market, so keep an eye out for coming bargains.
Live Inventory Price Checker
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SCCY CPX-1RD 9mm Pistol, FDE - CPX-1TTDERD | Palmetto State Armory | $ 449.99 $ 349.99 |
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SCCY CPX-1RD 9mm Pistol, FDE - CPX-1TTDERD | Palmetto State Armory | $ 519.39 $ 349.99 |
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SCCY CPX-2RD 9mm Pistol, Gray/Black - CPX-2CBSGRDE | Palmetto State Armory | $ 421.99 $ 328.99 |
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SCCY CPX-2RD 9mm Pistol, Black/Stainless - CPX-2TTRDDE | Palmetto State Armory | $ 405.99 $ 315.99 |
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Not defending, but aside from one post on X that was linked in the article, please provide more information about the alleged “stealing others ideas” or creating “copies.” The CPX lines of pistols are not really copies anything out there, at least not in aesthetics. Maybe the mechanism, although one could argue that most handguns are copies that use hammers or strikers, triggers, etc.
“Many” appears to be one guy on X from 4 days ago…
Great little $150 pistols. Damned shame our various layers of government taxing entities are insatiable, unethical, immorql predators. Even when taxing our constitutional rights. It’s time to start dumping tea in the harbor again
I bought one of their first pistols for a few reasons. First, as a then-Florida resident I wanted to support gun manufacturing in my state. Second, both the size and price were right. Third, it felt good in my hand. Three months later I got rid of it in a trade for an abused S&W .38 Special 6″ revolver with rust and pitting issues and I still felt like I was getting the better of the deal. Several reasons but among the more important, trigger pull was long and heavy. Accuracy was meh. Finally, it jammed so badly I needed… Read more »
Sccy couldn’t get a real following. Reminding me of Kahr, their guns always feel unreliable in my hands and I never had an interest because they were competing with some really good firearms in the price range. Kahr has a small but rabid following but Sccy is “MEH”. Sure, they shoot and run. I haven’t actually seen a bad one but the name and colors put me off. I am the wrong demographic, I guess. I want all gun companies to thrive. Variety and competition are good for consumers.
I had one of the first models. Accuracy meh. Nothing to write home about. I did not have FTF FTE, really no problems. I DID have issues with the safety lever. I would engage the safety when firing. The last straw, when loading a mag, the weld gave way! Ten rounds to the face! SCCY replaced the mag. Then my other mag did the quick unload. SCCY replaced it. Then I sold the pistol!
If a firearms company could not make a profit in some of the hottest firearms market.
In the last 20 years they were doing something wrong.
SCCY. When you name your company where it could be pronounced ‘sucky’.
I used to see Sccy pistols all the time at gun shows here in TX. I thought they were OK although I never bought one since they were .380’s. The reports on them seemed to say they were OK. As for the ammo prices, I saw 9mm hollow point for about $.27/each and FMJ as low as $.19/each for reman stuff. That’s almost getting back to pre-Covid prices. I haven’t bought any since I roll my own using Xtreme bullets on my Square Deal B which turns out about 500/hr using Xtreme bullets (much better bullets than Berry’s). And small… Read more »
I can’t say that the downturn is industry wide.
This article on X would suggest otherwise.
https://x.com/DonaldJTrumpJr/status/1953092050242453510
The market is about to be FLOODED with cheap(er than they used to be) firearms!