Axe throwing & rage room biz in TN

Rutherford County, TN

Seller Financing Available

listing image
Asking Price:$160,000
Inventory:$4,000
EBITDA:$190,000
Established Year:2000
Gross Revenue:$360,000
Rent:$5,200/Month
FF&E:$95,000
BUSINESS DESCRIPTION

Cash flowing, semi-absentee entertainment biz for sale.

We are one of only 6 rage rooms in the State of TN. We offer customers an array of activities such as axe throwing, rage rooms, table games, darts, pool, nintendo switch, and more. We have age appropriate entertainment for young kids to keep them occupied as well. We have a beer permit and sell an array of bottled drinks such as beer, margaritas, daiquiris, and various other options. We offer light bar food such as snacks, hot dogs, etc. We cater for events that want more food.
We are in a good location and poised for continued growth. A full staff is currently place including a manager and event coordinator. As the owner, I go in once every 1-2 weeks mainly to pickup inventory for the rage room (glass from thrift shops). That could be automated as well to make a fully absentee owned business.
Our facility is uniquely setup to host parties of up to 150 people. We have a strong focus on both walkin customers as well as parties. One thing that sets us apart from other axe throwing shops is that we use an interactive system for our axe games. Most places just draw a target on the boards. We have a PC, projector, and IR camera on each lane. You interact with the lane system much like bowling. You enter your name. You can use the mouse and keyboard to choose from 10 games and the projector will display the game board. The IR camera can detect where your axe landed and score for you, again like bowling. Our selection of games range from a standard target to zombie hunter, or from tic tac tow to asteroids. We even have one lane setup where the customer can upload a picture and throw an axe at it. It's a great hit on Valentine's Day,,,,, we call it Axe Your Ex.
The rage room is simple. Gear up with the protective gear (coveralls, gloves, hardhat, glasses), choose your tool (sledge, crow bar, bat) and just destroy the TV, glassware, PC, etc. It's really cheap therapy and a ton of fun. We don't have disappointed customers. There's no such thing as a disappointed customer when you let them smash a TV and then handle the cleanup.


DETAILED INFORMATION
Location
Rutherford County, TN
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,200
Lease Expiration
01/11/2025
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
TVs, bar equipment, axe lane hardware including projectors and PCs, rage room hardware, general business misc items.
Competition
There is one other axe throwing venue in the city. There are only six rage rooms in the State of TN. The nearest three are 45 minutes, 1.5 hours, and 2 hours away. Our facility is far superior to other rage rooms. We routinely have customers drive 1-2 hours to visit our venue. Our facility is better suited for parties or corporate events than any other competitors venue.
Growth & Expansion
The axe throwing market is growing both locally and nationally. Interactive entertain is growing in general. We have a growing market trend and almost no competition.
Financing
May be open to some type of seller carry back with a strong down payment.
Support & Training
Seller will provide the buyer with up to 30 days of support after date of purchase.
Reason for Selling
Health concerns and refocusing my time on family.
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Ken Jackson
Ken Jackson