Do you want to start a virtual reality business by buying a franchise? If YES, here are the top 10 virtual reality franchise opportunities for sale and their cost.
Virtual reality (VR) is a term and technology that has received a lot of attention in recent years. While VR is a term most are familiar with, this ubiquity hasn’t really taken off, despite some notable improvements to make it more accessible.
The good news is that those who have tried virtual reality can attest to its potential. It just needs to be developed by those who believe in it. And while the stereotype might suggest otherwise, virtual reality is as much a business opportunity as it is new to gamers.
VR is a term that probably conjures up images of teenagers donning an expensive pair of glasses to play arcade games, but it has a much broader scope. Just as we have moved from radio to television to the Internet, virtual reality is a medium that will bring together education, travel and many other areas.
On almost all new platforms, the perception of virtual reality as a young technology makes some consumers reluctant to use it. The typical beginner might call virtual reality a passing fad, but it’s actually a technology that’s been in development since the 2060s.
Coupled with serious concerns about its novelty, those in no rush to embrace VR also worry about the physical side effects of the technology, particularly motion sickness. This is an issue worth raising, but only for poorly designed RVs. With the use of location-based virtual reality to track the movements of users’ hands and feet, harmful effects become less likely.
Ever-increasing improvements in VR hardware since 2014 have made VR a profitable prospect in the business world. Just as cell phones no longer cost thousands of dollars, manufacturers are selling VR hardware at affordable prices to expand their audience. Very importantly, VR is still in the early stages of adoption, which means other new users still don’t know if it’s here for the long haul.
Also note that no matter how confident and tech-savvy you are, you will encounter a few hiccups when implementing VR technology. VR isn’t going anywhere, but it still needs time to perfect. You should also consider making a business plan, as it will help you assess its long-term prospects. Major VR hardware manufacturers are taking a slow approach to the market, putting pressure on companies to anticipate what’s next.
Virtual reality is the new goldmine on the block, relatively speaking, and it’s also full of commercial promise. Consider the following best franchises if you are ready to invest in this industry.
Top 10 Virtual Reality Franchise Selling Opportunities and Their Costs
- Altair VR
At Altair Digitals, all you have to do is set up a session with the school administration, then come to school and hand out virtual information. Reality headset for kids, press the button on the tablet and start a mind-blowing quality synchronous planetarium session.
Collect the fees and go to the next school! Content from Moscow, Novosibirsk and other planetariums is at your disposal, dubbed in Russian and suitable for children’s age. The quality of a virtual planetarium session is several times better than that of mobile planetariums and many stationary ones.
Financial requirements
- Franchise fee: $8,200
- Initial investment: $9,200.
- AnvioVR
with a Facebook rating of 4.8 to 5.0 stars; Trip Advisor rating 4.5 stars; With a Google rating of 4.7 stars, Anvio VR is making leaps and bounds and gaining a foothold in the industry. According to the company’s website, well-established business processes, step-by-step instructions, and support enable partners to recover their full investment within 14 to 16 months.
Anvio is known for releasing at least 2 unique games a year, developing them in its own studio. According to reports, most Anvio partners open more than one location. The average time to open a second location is 6 months from the date of the first signed contract.
Financial requirements
- Franchise fee: $92,000
- Initial investment: $97,000
- TrueVR Systems
The TrueVRsystems franchise offer is different from other franchise offers. Instead of trying to insert a square peg into a round hole, this company will work with you to tailor a solution specific to your market. TrueVRsystem is a proprietary and customizable virtual reality entertainment platform that is the central attraction of your VR Center / Arcade business concept or an additional profit center for your existing entertainment center.
Financial requirements
- Initial investment: $300,000
- SANDBOXVR
The company combines the latest VR hardware, video-grade real-time video capture, and AAA-grade content experiences to create the best virtual reality experience on the planet. It’s the perfect event for team building, corporate events and parties.
Sandbox VR is the world’s first hyper-realistic virtual reality franchise with a casual virtual reality experience in theaters, haptic technology and exclusive content. Sandbox VR provides excellent retail stores, world-class deployment and support for your business so you can guide guests and their friends to fantastical new worlds and Escape Together.
Financial requirements
- Initial investment: $497,500
- Cash requirement: $250,000
- Total investment: $497,500, $700,500
- Ctrl-V
Ctrl V delivers a superior VR experience using proprietary software, hardware, and other advanced technologies. Customers can rent virtual reality stations by the hour, which can be used for gaming, education, training, software development, testing, or other interactive activities.
Known as the first virtual reality arcade in North America, it is currently the largest virtual reality arcade chain in the world. Ctrl V is a global brand with partnerships that span all required components of franchise infrastructure to deliver a business model that promotes longevity and creates the conditions for growth.
Financial requirements
- Cash requirement: $50,000
- Total investment: $150,000, $250,000
- Starscape International
You can comfortably start a fun and exciting SPACE business today by ordering your StarScapes® Professional StarBiz business in a box. This franchise will blow your mind and book jobs before you even start your business. You can even get their deposits and get them paid for your business right away! All inclusive. No upsells, no franchise fees, no royalties.
Financial requirements
- Initial investment: $1,995
- Net worth: $1,995
- Total investment: $1,995
- Golf X
Financial requirements
- Initial investment: $400,000
- Net worth: $250,000
- Cash requirement: $100,000
- Total investment: $400,000 $900,000
- ARENA SPACE
Known as an amusement park chain with interactive AR/VR and projection technology, Space Arena provides absolutely unique quality service with rich background, positive emotions, wide product range, modularity and efficiency, and income per unit area. Arena Space was founded at the end of 2015 with the idea of creating an ARENA VR integration platform for total immersion in virtual reality.
The company was the first in Russia to develop the system. Three game scenes were successfully presented in May 2016 at the Devgamm16 conference. In mid-2016, Arena Space was the first in Russia to create virtual mini amusement parks, and in September Arena Space Park was opened in VDNKh.
Financial requirements
- Initial investment: $3,350, $17,650
- Total investment: $26,800, $200,000
- LOCK
Bolt opened its Bentonville, Arkansas location in October 2015 and has grown significantly in its short opening time. Bolt is proud to introduce a relatively new concept of fun and entertainment to the franchise world. This device has become a cornerstone and business model for franchise development worldwide.
If you join the Bolt team, you have the choice of starting a new start-up business or you can convert your current side room business to be under the Bolt umbrella. When you join Team Bolt, you get an exclusive territory of around 200,000 or a 15 mile radius (whichever is less).
Financial requirements
- Initial investment: $46,000
- Total investment: $46,000: $110,933
- PanIQ room .
With over a hundred locations, live escape games have become the number one tourist attraction in the Hungarian capital. The first PanIQ room opened in March 2012 in Hungary and is one of the first quest rooms in the world.
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Entering the US market in 2014, PanIQ Room Hollywood opened as one of the first US lounges with two themes. After great success and feedback, PanIQ Room quickly expanded to San Francisco, Miami, Phoenix, Chicago and Washington DC.
Financial requirements
- Initial investment: $164,900
- Cash requirement: $24,900
- Total investment: $164,900 $264,900
Virtual reality is a unique market, waiting for a visionary to make it happen. You just have to decide if and how you want to do it.
