HIT THE TARGET: Invest In An Established Axe Throw

Business Overview:

This Business is an exciting and unique venue offering both axe-throwing and archery experiences for individuals and groups of all skill levels. Whether you're looking to unleash your inner warrior or try something new with friends and family. A safe, friendly, and professional environment provides the perfect setting for fun and friendly competition. This Business offers expert instruction, themed events, and private bookings for parties, corporate outings, and special occasions.

Rhyno’s was founded in August 2021. Things seemed pretty bleak during the pandemic, so we wanted to make a place where people could get out and have fun again. There were no axe-throwing or archery places in Orem, so we seized the opportunity to create something new. We built the entire place ourselves without any contractors. It was back-breaking work, but within two weeks, we had done it all. At first, business was of course slow, but word quickly got out, and by the next year, we were already profitable. The rest is history!

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Property Features and Assets:

1. Furniture
Seating: Seating for customers waiting or resting between sessions. This could include lounge chairs, benches, or stools.
Tables: Small tables for customers to place personal items or food and drink while they’re waiting. Additionally, having a check-in or reception table to handle payments and registration.

2. Fixtures
Axe-Throwing Targets: High-quality, durable wooden or synthetic targets.
Archery Targets: Similarly, archery targets are designed for durability
Safety Barriers: Protective barriers around the throwing area to ensure that no one is at risk of being struck by a thrown axe or arrow. This could include netting, walls, or Plexiglass.

3. Equipment
Axe-Throwing Equipment: A range of throwing axes suitable for different skill levels and comfortable grips. These could include standard hatchets, throwing knives, and specialty axes.
Archery Equipment: Bows (recurve, compound, or longbows) and arrows for different skill levels. You'll also need accessories such as quivers, arm guards, and finger tabs.
Staff Equipment: For staff, having tools to handle repairs and maintenance of equipment.

Market Competition and Expansion:

This business is locates in a growing community with a diverse population, including students from 2 of the most influential universities, young professionals, and families. There is increasing demand for alternative recreational experiences that provide both excitement and social interaction. Axe throwing and archery fit this trend perfectly, offering group activities that are engaging, fun, and a bit different from traditional indoor entertainment like bowling or movie-going.In this area there are no businesses offering both axe throwing and archery in a single location.

The growth for this axe throwing and archery business will depend on a combination of innovative marketing, strong partnerships, exceptional customer service, and a unique, engaging experience. Focusing on creating memorable, fun experiences and developing loyalty programs will encourage repeat business. Adding seasonal events, like using the axe throwing trailer to cater some local or corporate events, diversifying offerings, and expanding the marketing reach will also help boost the growth of the business.

Reason for Selling:

Additional Details:

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