Walter Bealer
Bath, PA (USA)
Role(s):
Founder/Owner/Principal
The Bearded Axe
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Startup
Location:
Allentown
Industry:
Entertainment
Year Founded:
2018
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Not Incorporated
Description:
There is currently a quickly growing market for Urban Hatchet or Axe throwing party venues. I have recently enjoyed time with friends and my wife at the closest Axe throwing company to our home town. 50 miles away. The Allentown, Bethlehem and Easton area has grown at staggering numbers in the recent years and the cities have embraced the art cultures of the youth.
With that being said I am looking to brand The Nearded Axe as the first Axe throwing party and event center in the area.
These events are BYOB the customers sign a full waiver which will be written by an attorney. Events usually run $50 a person for a small group. And can easily gather 20-50 person groups. Sessions are 2 hours long (longer for large groups). First year projected Net profit $75,000. Second year projected net Profit $250,000 plus.
Future goals to expand to other local areas as quickly as possible. Including a traveling Axe throwing competition.
Initial funding needed roughly $80,000. If space is rented
$600,000 if purchasing space.