- 2023 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.
About Blue Ox Axe Throwing
|Franchising Since||2019 (4 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
|$94,442 - $174,500|
Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
|$100,000 - $200,000|
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
|$75,000 - $150,000|
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
|$5,000 off franchise fee|
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
Term of Agreement
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
|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|
Meetings & Conventions
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
|Is absentee ownership allowed?||Yes|
Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
|# of employees required to run||4-7|
Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in ownership opportunities like Blue Ox Axe Throwing? Request a free consultation with a Franchise Advisor now.
Are you eager to see what else is out there? Browse franchises that are similar to Blue Ox Axe Throwing.
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