The sale is NOT (from what I was told) in preparation for the demise of AF. The guy running the place told me they're clearing out all the guns, and some of the accessories to make shelf space for NEWER guns for restocking their inventory. When Jeff was running things he had a high markup on nearly all of his guns, and it was tough for them to clear stock & make way for new firearms... This sale is REALLY clearing up shelf/rack space in the shop, and they're getting in new shipments of new firearms sometime in the near future if I understand correctly.
Seems like they don't want the range to "die-out" anytime soon so they're trying to free up inventory by dropping all the prices a LOT. Some guns are selling for dirt cheap. Some great deals on what revolvers were still there yesterday. If I recall correctly during this sale they're selling about 14 to 15 guns per day... If you want to see what they've got on sale, get out there, because I'm not sure how much longer they'll have such guns in stock.
Actually, there is another man running the show these days, but I'm not sure what his name is... Technically it's still owned by Jeff, but someone else is heading the operations at present. (from what I understand)
To clarify, I ended up getting a Colt
Mk. IV, Series 80, 1911A1 "C.C.O." (Concealed Carry Officer's Model) I got ONE HECK of a fantastic deal on it as well!