The company is a multi-location axe throwing bar located in the Northeast US. The company offers several types of axe throwing events, all of which are accompanied by trained instructors that guide customers through structured tournaments.

Key Aspects

From 2019 to 2021, revenue grew at a compound annual growth rate (CAGR) of 7.5%, with gross profit (GP) margins averaging 73.0% during that same period
Strong brand recognition throughout its current state of operation
Three prime locations in its current state of operation
Established mobile axe throwing events, allowing the company to travel to customers throughout the state
Seasonal league memberships are available at two of the three locations.

Opportunities

Expand geographically throughout the current state of operation and other areas of the US
Focus on developing additional axe throwing events to the company’s current catalogue
Capitalize on the success and brand recognition the company currently has via franchising the model for further growth

Headquartered

Northeast US

Current Markets

The company serves customers throughout its current state of operation.

Real Estate

The company operates from three locations totaling 7,700 sq. ft. Each facility is leased from an unrelated third party.

Shareholder Objectives

The company is owned by three shareholders with a 75/15/10 split. The minority shareholder that owns 10% of the company is not active in the day-to-day operations of the company. The active shareholders are seeking possible exit strategies to facilitate growth of the company via new ownership. Both are willing to remain with the company for a transition period to new ownership.

Benchmark International

Benchmarks Exclusive Opportunities

Multi-Location Axe Throwing Bar – BN000039762

Multi-Location Axe Throwing Bar – BN000039762

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