Start a Stumpy's Hatchet House Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $314K - $451K

Units as of 2022: 32 190.9% over 3 years

Stumpy’s Hatchet House was founded in 2015 and began franchising in 2017. The company is an indoor ax-throwing adventure franchise with more than 25 locations across the United States.

Stumpy’s Hatchet House offers a safe and controlled environment for adults to let loose and throw hatchets.

Why You May Want To Start a Stumpy’s Hatchet House Franchise

Stumpy’s Hatchet House believes it offers more than just a hatchet-throwing experience. A franchise should provide a space for friends to come together and make fun memories. With their focus on safety first, Stumpy’s Hatchet House ax-throwing experience may be renowned and could offer a great form of cathartic relief for people around the U.S.

Stumpy’s Hatchet House is one of the first indoor hatchet-throwing venues in the United States, making it a part of a huge indoor recreation market. Opening a Stumpy’s Hatchet House franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.

What Might Make a Stumpy’s Hatchet House Franchise a Good Choice?

The perfect candidate for a Stumpy’s Hatchet House franchisee is someone with a passion for business and creating an environment that lets others let loose while experiencing something new. On top of offering a fun and relaxed work atmosphere, Stumpy’s Hatchet House provides its franchisees with continuous marketing and sales support. Franchisees with Stumpy’s Hatchet House receive a protected territory, mentoring, and ongoing training that may enable them to effectively run a successful franchise.

To be part of Stumpy’s Hatchet House team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.

How To Open a Stumpy’s Hatchet House Franchise

As you decide if opening a Stumpy’s Hatchet House franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Stumpy’s Hatchet House franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Before making any financial commitment or signing an agreement with Stumpy’s Hatchet House, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Stumpy’s Hatchet House franchising team questions.

If awarded a franchise, franchisees receive support from the Stumpy’s Hatchet House brand throughout the franchising process. In addition to pre-opening training, franchisees with Stumpy’s Hatchet House receive support through brand awareness, marketing, research, and construction. They also receive hands-on training and continued support after their Stumpy’s Hatchet House franchise location has opened.

It may be a good idea to speak with a financial advisor or attorney to ensure that you have the necessary financial standing to own and operate a Stumpy’s Hatchet House franchise.

Company Overview

About Stumpy's Hatchet House

Industry	Recreation
Related Categories	Miscellaneous Recreation Businesses, Miscellaneous Services, Ax Throwing
Founded	2015
Parent Company	Woody's Backyard FranGroup LLC
Leadership	Carl Gould, CEO
Corporate Address	140 Ethel Rd. W. Piscataway, NJ 08854
Social	Facebook, Twitter, Instagram

Business Overview

Franchising Since	2017 (7 years)
# of employees at HQ	15
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises worldwide.
# of Units	32 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a Stumpy's Hatchet House franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$50,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$313,958 - $451,380
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$500,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$100,000
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	1%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Stumpy's Hatchet House has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	20 hours
Classroom Training	20 hours
Ongoing Support	Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates National Media Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes