2 Axe Throwing Business Success Stories [2024]
Throwing axes is a great way to relieve stress, bond with friends and coworkers, and even make some money.
Axe throwing is a new and exciting activity that is growing in popularity, especially for corporate or business events.
In this list, you'll find real-world axe throwing business success stories and very profitable examples of starting a axe throwing business that makes money.
1. Forged Axe Throwing ($1.32M/year)
James, the founder of Forged Axe Throwing, came up with the idea after attending a white water rafting trip where they used an axe for creative beverage punishments. Upon returning, James and his business partner, Brett, researched axe throwing and discovered it was a niche market with only one person in Canada offering the activity. They invested $60,000 of their own money into the business and launched with a successful grand opening party, attracting hundreds of people and generating significant interest. Since then, they have utilized both traditional and online marketing strategies to attract and retain customers, and have increased their prices twice to meet demand.
How much money it makes: $1.32M/year
How many people on the team: 9
Forged Axe Throwing is a successful axe throwing venue that teaches people the art of axe throwing while hosting tournaments, generating $960k of revenue per year and hosting over 30k people in their venue in a year.
2. Stumpy’s Hatchet House ($960K/year)
Kelly Josberger, one of the founders of Stumpy's Hatchet House, came up with the idea during a backyard barbecue. After a casual game of throwing axes, they realized the potential and decided to create an indoor hatchet-throwing venue. Since opening in 2016, Stumpy's has expanded to 15 locations and gained popularity through media coverage and positive customer experiences.
How much money it makes: $960K/year
How many people on the team: 5
Stumpy's Hatchet House is an indoor hatchet-throwing venue that has grown from one to 15 locations in less than three years since opening, and expects to operating 40 locations by the end of 2020, incorporating innovative solutions, strategic franchising, and effective PR exposure to be an industry leader in indoor hatchet-throwing recreation.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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