- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$94K - $175K
- Units as of 2022
-
4 100.0% over 3 years
Founded in 2018, Blue Ox Axe Throwing strives to provide an engaging social atmosphere, with the focal point being axe throwing. The national company is based in Wallingford, Connecticut, and it has several locations throughout the United States. Blue Ox Axe Throwing may offer an opportunity to connect with other people in a relaxing environment through the medium of a social activity that is open to people of all backgrounds.
Blue Ox Axe Throwing encourages social interaction and provides a unique activity for customers as part of their visit. Blue Ox Axe Throwing sells a unique experience emphasizing social connectivity, relieving stress, and providing a great time for all their customers.
Blue Ox Axe Throwing began franchising in 2019 and is seeking to expand its reach.
Why You May Want to Start a Blue Ox Axe Throwing Franchise
Potential Blue Ox Axe Throwing franchisees should have a good work ethic, determination, and a love of new opportunities. Having experience in the social activities industry isn't necessary, but some business experience can be highly beneficial.
Blue Ox Axe Throwing franchisees are responsible for hiring and training staff and coordinating operations of the business. Blue Ox Axe Throwing provides exclusive territories that may help your franchise thrive.
Opening a Blue Ox Axe Throwing franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
What Might Make a Face Blue Ox Axe Throwing Franchise a Good Choice?
Blue Ox Axe Throwing is a company that is looking to expand while priding itself on a high degree of customer satisfaction. The company works to provide people with the benefits of an enjoyable social occasion, and they endeavor to create a place of fun, safety, and support.
To be part of the Blue Ox Throwing team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How To Open a Blue Ox Axe Throwing Franchise
Make sure to research the brand and your local area to see if Blue Ox Axe Throwing would do well in your community. Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Blue Ox Axe Throwing franchising team questions.
If awarded a franchise, franchisees may receive a great deal of support from the Blue Ox Axe Throwing team throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and construction. They also receive hands-on training and continued support after their venue has opened.
Company Overview
About Blue Ox Axe Throwing
| Industry | Recreation |
|---|---|
| Related Categories | Miscellaneous Recreation Businesses, Miscellaneous Services, Ax Throwing |
| Founded | 2018 |
| Leadership | Gerald Ferraro, Founder and CEO |
| Corporate Address |
21 N. Plains Industrial Rd. Wallingford, CT 06492 |
| Social | Facebook, Twitter, Instagram |
Business Overview
| Franchising Since | 2019 (5 years) |
|---|---|
| # of employees at HQ | 10 |
| # of Units | 4 (as of 2022) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Blue Ox Axe Throwing franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$30,000 |
|---|---|
|
Initial Investment
|
$94,442 - $174,500 |
|
Net Worth Requirement
|
$100,000 - $200,000 |
|
Cash Requirement
|
$75,000 - $150,000 |
|
Veteran Incentives
|
$5,000 off franchise fee |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
1% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 27 hours |
|---|---|
| Classroom Training | 20 hours |
| Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 4-7 |
|
Are exclusive territories available?
|
Yes |
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