Tourist Haven: Axe Throwing, Bar, & Rage Room Experience!

Business Overview:

Situated strategically in central Florida within a bustling tourism hub, this innovative axe throwing company offers a unique and comprehensive experience. Their offerings include a dedicated party room for special events and gatherings that has a bar area, along with a rage room. They have a customized build out for the axe throwing lanes equipped with full safety gear and all the necessary furniture, fixtures, and equipment (FF&E) required to ensure a safe and enjoyable experience. Catering to a diverse clientele, they provide exceptional and memorable experiences suitable for corporate functions, private gatherings, and local entertainment seekers. The surge in tourism and the availability of public event spaces for conventions has given the company the capability to form partnerships with local entities, expanding their customer base. Committed to delivering both safety and tailored experiences, they accommodate a wide spectrum of occasions, from celebratory gatherings to corporate team-building events. Their competitive advantage is reinforced by a robust digital presence and a prime location. Diversified revenue streams, encompassing merchandise sales and private events, offer substantial growth potential, especially through collaborations with local businesses and attractions. The current owners are now in search of an individual to maintain their esteemed brand as the foremost destination for unique events in the thriving central Florida market. This business operates out of a 3,400 square foot commercial facility including a beer, wine, and tobacco license and is located in high visibility area near all the major tourist attractions. The company has annual 2022 revenues of $249,937 with annual cash flow of $58,638. Existing FFE is detailed in the report below and is estimated at $35,000 with leasehold improvements of $75,000.

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Property Features and Assets:

3,400 square foot long-term leased commercial facility with a complete build out for the family entertainment center including axe throwing lanes, a rage room, designated party and private event and bar area, and storage room.

Market Competition and Expansion:

The axe throwing company secures a distinct advantage over its limited competitors in the niche indoor recreational sports industry in the area. With strategic placement near popular attractions, it stands as the foremost choice. A reported 25% surge in annual visitors adds to its appeal, driving not only interest in indoor recreational sports but increasing corporate events and conventions.

Reason for Selling:

Retirement

Additional Details:

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