Paringa Archery Club president Ray Denton said the thieves smashed through three doors to get inside a locked cage where the archery gear was stored.
"Obviously they knew what they were after because they only took the compound bows and long arrows," Mr Denton said.
The stolen bows were worth about $500 each and the arrows up to $600.
The offenders left behind just one compound bow and the cheaper recurve bows.
Mr Denton said it was the third time the club had been burgled and estimated it would cost up to $10,000 to repair the damaged building.
"It's going to be quite devastating for the club to have to replace the stolen gear and repair the building," he said. "It's just heartbreaking for the club members."
Mr Denton said it was a shame the club would have to suspend its weekly public open days.
"I doubt very much we will replace the compound bows this time if that's what they're after," he said.
"We're the cheapest thing for a family to do in town. You can't go to the pictures for $10 and have fun for three hours."
The club could not be insured for theft because of its remote location and lack of power for an alarm system.
"We will look at installing a solar powered alarm, but that's another expense," Mr Denton said.
Police are investigating the robbery and have asked for anyone who noticed any suspicious activity in the area to contact them.
Anyone with any information about the burglary should call Crime Stoppers on 1800 005 555 or Launceston police on 6336 3701.