Franchising since 2017 · 2 locations
The total investment to open a Craft Axe Throwing Franchise, LLC Craft Axe Throwing franchise ranges from $220,583 - $554,877. The initial franchise fee is $42,500. Ongoing royalties are 6% plus a 2% advertising fee. Craft Axe Throwing Franchise, LLC Craft Axe Throwing currently operates 2 locations (2 franchised). PeerSense FPI health score: 58/100.
$220,583 - $554,877
$42,500
2
2 franchised
Proprietary PeerSense metric
ModerateActive capital sources verified for Craft Axe Throwing Franchise, LLC Craft Axe Throwing financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
Emerging (3-9 loans)
SBA Default Rate
0.0%
0 of 3 loans charged off
SBA Loans
3
Total Volume
$0.5M
Active Lenders
2
States
2
Should you stake real capital on an axe-throwing venue in a strip mall or entertainment district? That question — equal parts exciting and sobering — sits at the heart of every conversation prospective investors have when they encounter the Craft Axe Throwing Franchise, LLC Craft Axe Throwing opportunity. The brand was conceived in 2015 by Jake Jensen, Travis Cornelius, Alan Dipple, TJ Cornelius, Zach Nuttleman, and Joel Johnson, a team whose prior entrepreneurial DNA came from operating escape room concepts in the Southeast United States. That immersive-entertainment pedigree mattered enormously: rather than simply importing a trend, the founding group understood the psychology of experience-driven commerce and built around it deliberately. The first Craft Axe Throwing location opened in March 2018 in Greenville, South Carolina, in a partnership with Birds Fly South Brewing Company — a founding decision that embedded craft beverages into the brand's DNA from day one and separated it structurally from pure-play axe-throwing competitors. Corporate headquarters are anchored at 220 Jenkins Bridge Rd., Fountain Inn, SC 29644, with the flagship venue remaining in Greenville. The mission statement — "to bring people together through fun, friendly competition, and a shared love of craft beverages" — is not marketing language but a genuine operating thesis that shapes everything from lane layout to staffing to revenue diversification. Since opening, the company has served over 300,000 guests across 174 throwing lanes, a data point that quantifies real consumer demand rather than aspirational projections. The brand operates within the rapidly expanding "eatertainment" and immersive entertainment sectors, competing for a slice of the $372 billion U.S. arts, entertainment, and recreation market tracked by IBISWorld. With 15 reported locations as of late 2025, Craft Axe Throwing Franchise, LLC Craft Axe Throwing occupies a niche but growth-oriented position — small enough to offer genuine territory opportunity, established enough to have a multi-year operating track record investors can interrogate. This analysis, produced independently by PeerSense, is built entirely from disclosed financial data and public records — not from the franchisor's own marketing materials.
The market backdrop for the Craft Axe Throwing franchise opportunity is among the most compelling in the entire franchising landscape right now. The immersive entertainment market — the precise segment where axe throwing, escape rooms, rage rooms, and similar experience concepts live — was valued at $144.17 billion globally in 2025 and is projected to reach $412.69 billion by 2030, representing a compound annual growth rate of 23.41% over that five-year window. For context, that growth rate is roughly six times faster than the overall U.S. recreation sector, which is forecast to expand to $2,194.09 billion by 2027 at a comparatively modest CAGR of 3.7%. Within the axe-throwing subcategory specifically, market size increased an average of 3.7% annually between 2018 and 2023, and expected U.S. axe-throwing sales are projected to hit $300 million in 2025 across approximately 360 venues operating in North America. Year-over-year industry growth within axe throwing is estimated at a robust 10% to 30% or higher depending on the market cohort measured. The secular tailwinds driving all of this are well documented and durable: consumers — particularly millennials and Gen Z — are structurally shifting spending away from physical goods toward unique, shared, hands-on, social, and memorable experiences. Survey data indicates that 57% of axe-throwing participants reported engaging with the activity for two to four years, suggesting meaningful repeat customer behavior rather than a one-time novelty spike. Consumer spending on axe-throwing experiences has already exceeded $6 million in tracked categories, and that figure undercounts the total market because it excludes the significant beverage and event-rental revenue that venues like Craft Axe Throwing generate alongside the core activity. The competitive landscape within organized axe throwing remains relatively fragmented — approximately 360 North American venues sharing a $300 million revenue pool implies an average venue revenue well below saturation-level intensity — which means early-mover franchise operators in underpenetrated markets carry structural upside that consolidating categories typically eliminate. The eatertainment fusion model, which Craft Axe Throwing pioneered at opening by integrating Birds Fly South craft beer into the guest experience, creates a compound revenue architecture that pure-activity venues cannot replicate.
Understanding the Craft Axe Throwing Franchise, LLC Craft Axe Throwing franchise cost requires working through a range of figures that vary depending on the vintage of the Franchise Disclosure Document being reviewed. The initial franchise fee is reported at $42,500 as of late 2025 disclosures, while more recent 2026 FDD data lists it at $29,500 — a meaningful reduction that lowers the upfront cash threshold and may reflect a deliberate franchisee-recruitment strategy during an active expansion phase. For reference, the $29,500 to $42,500 fee range sits at or below the median franchise fee across the broader amusement and recreation category, making this a relatively accessible entry point for the sector. The total Craft Axe Throwing Franchise, LLC Craft Axe Throwing franchise investment range tells a wider story: 2025 data shows a range of $220,583 to $554,877, while 2026 sources report a floor as low as $116,967 and a ceiling as high as $528,500, with one source narrowing the upper band to $388,500. The spread within these ranges is driven by variables familiar to entertainment venue investors — whether a location involves ground-up buildout versus a conversion of an existing entertainment space, local construction costs, equipment packages, initial inventory, lease deposits, and working capital reserves. Liquid capital requirements are cited across sources at figures ranging from $29,500 to $100,000, with $50,000 to $75,000 representing the most frequently cited threshold. Minimum net worth requirements of $150,000 appear in at least one source, providing a useful financial-health benchmark for prospective candidates. On an ongoing basis, franchisees pay a royalty of 6% of gross revenue per month, which is in line with the industry standard for experience-based entertainment franchises. An additional 2% of gross revenue per month is contributed to the marketing fund, which the franchisor uses to develop advertising campaigns across the network and assist individual franchisees with consumer marketing materials. The total ongoing fee burden of 8% of gross revenue is a critical figure in any payback period calculation. Craft Axe Throwing does not provide direct in-house financing, though third-party and SBA-eligible financing pathways exist for qualified candidates, and the franchisor offers cooperative advertising support that amplifies the marketing fund's reach beyond what individual operators could achieve independently.
The Craft Axe Throwing Franchise, LLC Craft Axe Throwing operating model is structured to minimize complexity while maximizing revenue throughput per square foot. A typical location runs on a lean staffing model of three to five employees on average — a deliberate design choice that reduces labor cost as a percentage of revenue and eliminates the management overhead that plagues larger-format entertainment venues. The brand's trained "axeperts" staff each throwing session, providing safety coaching and instruction that transforms axe throwing from a potentially intimidating activity into an accessible, coached experience suitable for corporate groups, birthday parties, date nights, and team-building events. Ideal venue locations are described by the franchisor as entertainment districts or industrial-aesthetic spaces with high foot traffic and vibrant nightlife — a site selection thesis that aligns the brand with consumer behavior patterns rather than fighting them. Site selection and lease negotiation assistance is provided by the corporate team, which is a material support benefit given that real estate decisions are among the highest-leverage variables in entertainment venue success. Initial training consists of a 3 to 5 day seminar at the corporate headquarters in Fountain Inn, South Carolina, combined with hands-on in-store training at the Greenville flagship location, followed by an additional week of on-site grand opening support at the franchisee's new venue. Ongoing corporate support covers unit operations, maintenance protocols, customer-service techniques, product ordering, pricing guidelines, and administrative procedures — essentially the full operational stack. The franchisor also provides recruiting assistance, a support element that many franchise systems relegate to the franchisee entirely and whose inclusion here reduces one of the most time-intensive pre-opening burdens. Flexible ownership structures — including single-unit, multi-unit, investor-model, and semi-absentee arrangements — are explicitly welcomed by the franchisor, making this opportunity accessible to both hands-on operators and portfolio-style investors. The brand has expanded its format options to include multi-blade throwing and mobile axe trailers, the latter of which creates an off-site revenue channel that fixed-venue concepts cannot access. Additional revenue streams beyond the core throwing experience include group events, meeting and presentation space rentals, full-facility rentals for weddings and private celebrations, branded merchandise, and a curated selection of craft beers, wines, and non-alcoholic beverages. A proprietary revenue channel called "Axevertising" — where local companies purchase advertising space on throwing lanes — adds a B2B income stream with effectively zero incremental operating cost.
Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document available to PeerSense at the time of this analysis — a material gap that prospective investors must weigh carefully before executing a franchise agreement. The absence of Item 19 disclosure means the franchisor is not providing audited or systematically verified revenue and profit figures within the FDD itself, which shifts the due diligence burden significantly onto the prospective franchisee. However, publicly available data from prior FDD vintages and company disclosures provides meaningful signal. The company has reported an average gross revenue of $379,607 across its operating locations as of December 2025 — a figure that, when measured against the total investment range of $116,967 to $554,877, implies a revenue-to-investment ratio that ranges from roughly 0.68x to 3.25x depending on how capital-efficiently the specific location was built out. For the 2022 performance year, the top half of Craft Axe Throwing locations averaged over $160,000 in EBITDA — a figure the company presents in the context of full-facility economics including beverage revenue and event bookings. It is important to note that the company explicitly acknowledges in its disclosures that COVID-19 pandemic-related factors — including shelter-in-place orders, mandated closures, operational capacity limits, and shifts in consumer sentiment — materially depressed 2020 and 2021 results and were expected to continue influencing 2022 performance. When evaluating the $160,000 average EBITDA figure for the top half of locations, investors should apply appropriate caution given that this cohort excludes lower-performing units and was measured during a period of pandemic-influenced operations. The franchise is positioned by its franchisor as offering high profit margins, low overhead, multiple revenue streams, and an impressive ROI potential — language that must be validated through franchisee validation calls and independent accountant review before capital is committed. The $379,607 average gross revenue figure, paired with the 8% combined fee burden, implies a combined royalty and marketing contribution of approximately $30,369 per year per average-revenue unit, which is a calculable fixed cost that can be stress-tested against various margin scenarios.
Craft Axe Throwing's unit count growth trajectory reflects a brand that expanded aggressively during its first several years and then navigated the operational realities of a pandemic-era entertainment market. The company opened its first location in March 2018, added a third location in Lincoln, Nebraska, shortly after Christmas of the same year, opened three more stores in 2019, added two additional locations in 2020 despite pandemic headwinds, and added two more in 2021. By the specific 2022 location data captured in public records, the system included active venues in Albany, Georgia; Chattanooga, Tennessee; Columbia, South Carolina; Fort Mill, South Carolina; Greenville, South Carolina; Lexington, South Carolina; Lincoln, Nebraska; Memphis, Tennessee; Omaha, Nebraska; Rock Hill, South Carolina; Spartanburg, South Carolina; Springfield, Missouri; and West Knoxville, Tennessee — representing geographic diversification across Alabama, Arkansas, Florida, Georgia, Kentucky, North Carolina, Ohio, South Carolina, and Tennessee. Upcoming locations at that time included Jacksonville, Florida; Mebane, North Carolina; Simpsonville, South Carolina; and Gainesville, Georgia. As of December 2025, total reported locations stand at 15, with 2026 data indicating 11 operational units. The company began franchising in 2020, with some sources noting 2021 as the formal franchising launch year. The brand's competitive moat is built on several reinforcing advantages: its eatertainment positioning that bundles craft beverages with the core activity creates a higher average transaction value than pure axe-throwing venues; its 174-lane network and 300,000-guest service history provide proven operational data that early-stage concepts lack; the "Axevertising" B2B channel creates a revenue stream with no parallel in most competitor formats; and the mobile axe trailer format allows franchisees to generate revenue outside their fixed venue footprint at festivals, corporate events, and private parties — an innovation with no obvious ceiling.
The ideal Craft Axe Throwing Franchise, LLC Craft Axe Throwing franchisee is someone who combines entrepreneurial energy with community orientation — someone who genuinely enjoys creating social experiences and has the management aptitude to run a lean, event-driven operation. Prior experience in food and beverage, hospitality, entertainment, or event management is advantageous but not mandatory given the depth of the 3-to-5-day initial training program combined with the grand opening week of on-site support. The franchisor explicitly welcomes semi-absentee and investor-model ownership structures, which broadens the candidate profile to include multi-unit operators who may be adding a Craft Axe Throwing Franchise, LLC Craft Axe Throwing location to an existing franchise portfolio. Available territories remain concentrated in urban and suburban markets with active nightlife and strong demand for group event venues — characteristics most prevalent in mid-size to large MSAs across the Southeast, Mid-Atlantic, Midwest, and Sun Belt. The brand has no international presence, with all current and planned locations confined to the United States, which means domestic territory white space is the primary growth vector. The franchise is actively expanding nationwide, and given the reported 15 locations against approximately 360 total North American axe-throwing venues, the system's current market share implies significant runway in underpenetrated metros. Liquid capital of at least $50,000 to $75,000 and a net worth threshold near $150,000 position this as a mid-tier accessibility investment — below the capital requirements of food-service or fitness franchise categories but above the entry level of service-based concepts. The full-facility rental model, which encompasses weddings and private celebrations alongside corporate events, means franchisees benefit most in markets with a demonstrable density of social celebration occasions — college towns, growing suburban communities, and mid-market metros with active event cultures.
The investment thesis for the Craft Axe Throwing Franchise, LLC Craft Axe Throwing franchise opportunity rests on three durable pillars: a structurally growing immersive entertainment market projected to reach $412.69 billion by 2030, a differentiated eatertainment model that generates revenue across five or more distinct streams simultaneously, and a lean operating structure requiring only three to five employees that keeps labor costs manageable relative to venue revenue. The $379,607 average gross revenue figure paired with the $160,000 average EBITDA for the top-performing half of the system — measured against a total investment range that can begin as low as $116,967 — presents a unit-economics narrative that warrants serious financial modeling. The FPI Score of 58, rated Moderate by independent analysts, reflects both the genuine opportunity and the real risks embedded in an early-stage franchise system operating in a niche activity category that remains sensitive to economic cycles and consumer discretionary spending patterns. Investors conducting due diligence on the Craft Axe Throwing Franchise, LLC Craft Axe Throwing franchise should prioritize franchisee validation calls with existing operators, independent review of the current FDD by a franchise attorney, and market feasibility analysis specific to their target territory. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to benchmark Craft Axe Throwing against comparable eatertainment and immersive experience franchise concepts within the same investment range. The combination of low overhead, multiple revenue channels, a proven 300,000-guest service history, and an industry growing at a 23.41% CAGR creates a franchise opportunity that rewards disciplined operators who select the right market and execute the eatertainment model with consistency. Explore the complete Craft Axe Throwing Franchise, LLC Craft Axe Throwing franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
58/100
SBA Default Rate
0.0%
Active Lenders
2
Key performance metrics for Craft Axe Throwing Franchise, LLC Craft Axe Throwing based on SBA lending data
SBA Default Rate
0.0%
0 of 3 loans charged off
SBA Loan Volume
3 loans
Across 2 lenders
Lender Diversity
2 lenders
Avg 1.5 loans per lender
Investment Tier
Significant investment
$220,583 – $554,877 total
Estimated Monthly Payment
$2,283
Principal & Interest only
Craft Axe Throwing Franchise, LLC Craft Axe Throwing — unit breakdown
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