Should you buy an existing axe throwing venue or start one?

Both routes can work, and neither is a safe choice by itself. An existing venue comes with history, good or bad. A new one starts clean but with nothing in the diary. The same weighing applies to other leisure venues, as in buying an existing escape room or building your own.

The space and the landlord

Not every landlord wants thrown axes in the building. A new venue needs a space that accepts the use, has enough room and height for the lanes, and will give a lease long enough to pay back the fit-out. An existing venue has already cleared that hurdle, though you must confirm the lease can pass to you. Ask your lawyer to read it either way.

Fit-out and time to open

Building lanes, cages, a counter and a waiting area takes planning, trades and approvals, and things often run late. Rent usually starts before the doors open. A purchase lets you open sooner, but you may spend on repairs and updates the seller put off. Ask a contractor or an experienced operator to look at an existing venue before you decide.

Customers, leagues and events

Leagues and corporate bookings take time to build. A new venue has to earn its reputation, its reviews and its regular groups. An existing one may bring these with it, but check that they stay when the owner leaves. Ask which groups book because of the owner or a particular coach, and speak with some of them if the seller will allow it.

Insurance and the first season

Insurers look at experience, training and claims history. A new operator with no record may find fewer options. An existing venue brings a history that you will inherit in part. Talk to an insurance broker before you decide, and ask the lender what it needs to see for either route. See what financing may be available for the usual options.