Franchise trueVRsystems - Virtual Reality Entertainment Centre

trueVRsystems logo

Description of the Virtual Reality Entertainment Centre
"trueVRsystems"


Want to shape the future of Location Based Entertainment? We are building a future proofed business that grows with the community, creates a positive social environment and promotes a healthy balance between the tech & entertainment lifestyle… From the second your guests step inside and teleport to a world they are filled with adrenaline, adventure and unfathomable fun.

Our approach is friendly, social and team orientated. Children, tweens and adults can explore together, while improving their physical fitness and mental agility. trueVRsystems is the most advanced unavailable@home centerpiece, VR entertainment platform yet. We are rapidly expanding our toolbox VR experiences to remain at the cutting edge and our goal is to be a global brand.

Size of arena

From 100 m2 arena floor space. Actual venue size larger to accommodate other facilities, e.g., bar area. Recommend min. 450 m2 total venue size.

franchise trueVRsystems

Franchise offer

trueVRsystems Franchise Offer is unlike other franchise offerings. Instead of trying to fit a square peg in a round hole we work with successful applicants to tailor make a solution specific to your market. The common denominator is the trueVRsystem. It is a proprietary, customized VR entertainment platform which forms the centerpiece attraction for your VR Centre / Arcade business concept or an add on profit center to your existing entertainment facility.

Investments

Initial investments: from $300,000

Total CAPEX for the trueVRsystems, your VR “box of tricks”

  • All needed Hardware (Server-Command Station, incl. pre-installed Software)
  • Proprietary trueVRsystem 2.0 Software
  • The Diamond Skull and The Pathogen VR Experiences
  • Wifi connection
  • Switch 24 Ports
  • Motion capture cameras (Optitrack 17 V tVRs, 13 W V. tVRs, Slim 13 V. tVR)
  • Customised VR headsets (HMD)
  • Backpack computers, batteries
  • Backpack secondary Charger Station
  • Hand and feet tracking overlays
  • Striker VR weapons with recoil, incl. Charger Station and batteries)
  • Calibration Square and Wand Kit
  • Cables and Clamps
  • Replacement face covers

Does not include budget for theming, branding, flat screen TV’s, etc. Is for the system only.

Payback period: from 12 months
Average turnover per month: $53,280 @40% customer occupancy, excluding revenue from drinks / food, etc.
Franchise fees: 10% income from user experiences only.

All software licenses, 24/7 system support, standard, updates, 20 km exclusive area.

Other current payments: none

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Additional information

Master Agency (country) – $150,000 upfront. Min. 5 arenas (150 m2) opened per year.
Area Developer (county) – $50,000 upfront. Min. 2 arenas (150 m2) opened in 1st year.

Terms negotiable, depending on country and area.

Single Centre - no upfront. Reserve 20 km radius - $15,000. Must open within 9 months, deposit deducted from CAPEX. (Terms and Conditions Apply)

Success story

“trueVRsystems is the best career move I’ve ever made; a game-changer. Being in the VR space is amazing. If you’ve got the energy, drive and you love flexing your creative muscle, the rewards are awesome. I’m watching the industry boom and playing my part in it.”
Joerg Hauri, Franchisee, VR Centre Basel, Switzerland

“From the moment I first put on the goggles I was convinced that I had discovered a unicorn and I wanted to be part of the VR growth story. Our trueVRsystem will be the only one operating in a 30 km radius and we have the population density to open another in our area and to grow”
Dariusz Kaleta, Arcade Lounge, Franchisee, Germany

“After visiting many other VR centres, we came to see the R&D centre. It blew me away. We set up a fundraising page on fundedbyme.com and the response was fantastic. We reached our target of SEK3,000,000.00 in a matter of days and bought the Swedish Master Agency. Our first site opens in February 2018.”
Micha Velasco, VREX, Master Franchisee, Sweden

Business model

Franchise for Sale - trueVRsystems
Requirements to buy the franchise
  • Professional work ethic;
  • Financial acumen;
  • Leadership qualities;
  • Computer savvy / Technical know-how;
  • Customer service orientated;
  • Sufficient capital;
  • Follows best practices;
  • Good communication skills.
Requirements for the arena
  • Minimum 450 m2, including arena floorspace (150 m2)
Requirements for the venue
  • trueVRsystems offers standard and bespoke centre set-up. The difference always comes down to cost versus complexity.
There are very few constraints and as long as your available site can tick the below boxes as a minimum then we are certain we can create the best solution:
  • Standard arena footprint (bespoke available) ~12m x ~12m (150 m2)
  • Min. ceiling height 3 m, ideally 4 m
  • Good access to power sockets
  • Adjacent entry /exit for footfall
  • Storage (equipment and spares)
  • Strong wifi connection (min. 5 mb up and down)
  • No direct sunlight
Suggest an additional 300 m2. I.e., space for bar / food, other VR activities, etc.

    Franchise advantages

    • Established and proven VR entertainment platform
    • Support Business planning (financial and business planning)
    • Professional business consultancy service available
    • Full staff training
    • The ability to earn recurring income
    • 24/7 system support
    • Access to the latest innovation, systems and improvements
    • A dynamic and growing VR content offering
    • Flexible, localised theming for every arena (alongside trueVRsystems core brand elements)
    • First to market advantage for operators

    Franchise opportunities - trueVRsystems
    • Starting investments from:
      300 000 $
    • Company type:
      Entertainment centre
    • Year company was founded:
      2016
    • Year of launching franchise:
      2018
    • Franchised companies:
      3
    • Owned companies:
      2
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    Information provided: RedCube GmbH
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