Another way that these businesses make money is by hosting weekly axe throwing leagues sponsored by the National Axe Throwing League (NATL). Most axe-throwing companies make money by charging a per-hour or flat fee for axe-throwing, either at the business’s location, at a mobile range set up at a customer’s home or business, or at at an amusement park or fair. How does an axe-throwing party business make money? Axe-throwing also appeals to a wide range of other audiences, some of which include the vape community, cigar community, and firearms enthusiasts. Preferred customers are those who are gaming enthusiasts. These costs may amount to between $3,000 and $20,000 per month, depending on how expensive your insurance is and how much abuse your equipment suffers during normal use. Periodic replacement of safety gear is also recommended. Ongoing expenses include insurance, utilities, and maintenance on the equipment (axes and related gear). What are the ongoing expenses for an axe-throwing party business? Unless you are leasing an existing (or old) range, expect to pay between $50,000 and $150,000 to remodel a building for your business. A typical range needs safety cages, wooden stand-up targets, a treated floor to prevent slips and falls, proper lighting, and safety equipment for customers. In addition to the insurance and equipment, there’s the range itself. This can add anywhere between $25,000 to $50,000 to the initial startup cost. If you run a mobile axe-throwing range, then you will need to factor in the cost of a truck or van and a trailer to haul equipment to venues and events. Other expenses include the cost of throwing axes, which retail from $20 up to $150 per axe. As a result, some ranges pay between $10,000 and $25,000 in premium per month for liability coverage. Many insurers don’t understand the business model. The most expensive aspect of starting this business is getting an insurance company to agree to insure the activity. What are the costs involved in opening an axe-throwing party business?Ĭosts can be rather high.

Luckily we have done a lot of this research for you.

What are the startup and ongoing costs?.

It will help you map out the specifics of your business and discover some unknowns. STEP 1: Plan your businessĪ clear plan is essential for success as an entrepreneur. Check out our How to Start a Business page. These steps will ensure that your new business is well planned out, registered properly and legally compliant. We have put together this simple guide to starting your axe-throwing party business. There is more to starting a business than just registering it with the state. You have found the perfect business idea, and now you are ready to take the next step. Start an axe-throwing party business by following these 10 steps:

Axe throwing board plans