Axe Throwing Venue Startup Cost Comparison

Chicago, IL vs Miami, FL

Chicago, IL

$52,000 - $298,000

COL Index: 107.8

VS

Miami, FL

$53,000 - $301,000

COL Index: 128.3

Detailed Cost Comparison

Expense Chicago, IL Miami, FL Difference
Business Registration & Licenses
$500 - $3,000 $500 - $3,000 Same
Commercial Lease & Build-Out
$19,600 - $156,500 $19,600 - $156,500 Same
Throwing Lanes & Targets
$11,500 - $46,000 $10,800 - $43,200 +6%
Bar & Lounge Area
$5,000 - $30,000 $5,000 - $30,000 Same
Business Insurance (Annual)
$5,000 - $20,000 $5,000 - $20,000 Same
Marketing & Launch
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$8,600 - $32,300 $10,300 - $38,500 -16%
Total Estimated Cost $52,000 - $298,000 $53,000 - $301,000 -1%

Local Market Factors

Factor Chicago Miami
Cost of Living Index 107.8 128.3
Commercial Rent ($/sqft/yr) $25 - $65 $25 - $65
Labor Rate Index 1.15 1.08
Sales Tax 10.25% 7%
Minimum Wage $15.80/hr $13.00/hr
LLC Filing Fee $150 $125

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