Robert Miller
Jacksonville , NC (USA)
Role(s):
Founder/Owner/Principal
The Flip'n Axe
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Startup
Location:
Jacksonville
Industry:
Sports/Recreation
Year Founded:
2018
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Limited Liability Company
Description:
A USMC Veteran Owned and Operated. The Flip'n Axe is the first Indoor Axe Throwing Arena to arrive in Eastern NC. Axe Throwing is rapidly becoming America's favorite recreational activity for friends, family, team building & private parties. We offer lane rentals at an hourly rate for walk-in and reservation use. Currently have 4 pits with a total of 8 targets that can accommodate up to 6 guests per target. Lanes are monitored by experienced "Axeperts" (coaches) that offer 1 on 1 coaching and ensure all guests are enjoying thier time. Axe Throwing is highly addictive due to the thrill, and instant satisfaction of sticking an axe in the target. We are a BYOB facility that has partnered with a local nightclubs, bars, and numerous pizzerias, offering great food and an affordable price point to further make it a more enjoyable experience.
Very low overheads and High profit margins due to the business model, wood targets, lease, marketing, labor make up the bulk of our expenses.
Our revenue streams include entry fees, leagues, private rentals, merchandise, food & drinks. Every week we are setting records for sales. This area is seeing astronomical growth as we're are in a great location to capitalize on it. Due to its relatively low start-up cost we want to expand into the Wilmington NC market, which has shown tremendous growth and a sustainable market that will ensure our success.
The company is very manageable and scalable to grow into a franchise within a few years time.