Franchise Deep Dive: Craft Axe Throwing Franchise Costs, Fees, Profit and Data

The axe throwing, craft beer serving franchise feels franchisees offer the necessary link between the brand and the community.

By Erica InmanStaff Writer

10:10AM • 11/22/23

LAST UPDATED: October 2023

FRANCHISE WEBSITE: https://franchise.craftaxethrowing.com/

NUMBER OF LOCATIONS: 13

REPORTED COST TO GET IN: $220,583 to $554,877

REPORTED ROI (Item 19): N/A

Craft Axe Throwing combines craft beers and axe throwing to create an all-around entertaining experience. The idea for the brand was born when a group of thrill-seeking friends who loved craft beverages got together and discussed their vision for a place where they could combine their interests.

CEO Jake Jenson had previous experience in the entertainment industry with an escape room business and, alongside his team, realized there was potential for more innovative means of entertainment. After opening multiple Craft Axe Throwing corporate locations, the corporate team felt something was missing: corporate, employee run locations were lacking a connection to the community. This inspired the Craft Axe Throwing team to franchise the business in hopes that franchisees would feel more invested in the brand and bridge the connection between the brand and the community.

How Many Craft Axe Throwing Locations Are There?

Craft Axe Throwing currently has 13 locations in operation in Georgia, Missouri, Nebraska, South Carolina and Tennessee.

What Is Craft Axe Throwing’s Business Model?

Each Craft Axe Throwing facility features individual axe throwing lanes, along with a TV-filled sports bar environment that is fully stocked with craft beers, wine and non-alcoholic beverage options.

Each location also has expert coaches onsite to train customers at the start of their visit. The coaches are trained to work with people of all ages and help ensure the safety of guests.

In addition to axe throwing, each location offers alternative multi-blade throwing items and is equipped for group events such as birthday parties, bachelor or bachelorette parties, company events, fundraisers, and team-building activities.

Franchisees can expect to benefit from operational support training sessions, marketing support and ongoing business development support. Craft Axe Throwing also offers a semi-absentee ownership model option.

How Much Can Craft Axe Throwing Franchise Owners Make?

Craft Axe Throwing does not have a publicly available Item 19. To learn more, contact the team about reading the Franchise Disclosure Document (FDD), which will state the total earnings of any company or franchise-owned unit as a reference.

How Much Does It Cost To Open a Craft Axe Throwing Franchise?

The reported investment required to open a Craft Axe Throwing franchise ranges from $220,583 to $554,877, including the franchise fee of $42,500.

Potential franchisees must have at least $75,000 in liquid capital to get started with the brand. Franchise owners are also required to pay an ongoing 6% royalty fee.

What Is the Franchise Fee for Craft Axe Throwing?

The franchise fee to open a Craft Axe Throwing location is $42,500.

Who’s On Craft Axe Throwing’s Leadership Team?

What Helpful Articles Can I Read to Learn More About Craft Axe Throwing?

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