Virtual Reality Motion Ride and Retail Business

Los Angeles County, CA

Virtual Reality Motion Ride and Retail Business
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Asking Price: Get Financing: $20,000

Cash Flow: $30,000

Gross Revenue: $140,000

EBITDA: N/A

FF&E: $26,000

Inventory: N/A

Lease Rate: $2,650 /Month

Established: 2017

Virtual Reality Motion Ride and Retail Business

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Business Description

9D Virtual Reality Experiences as well as Virtual Reality Retail.

We are a Virtual Reality kiosk company that specializes in giving patrons an experience par none. We are the only ones that are completely certified with the state of California to operate the motion VR rides. We offer over 100 experiences and cater to all ages. The 9D experience will give you motion in every direction, vibration, air, leg effects as well as the virtual reality 360 visual that come with our state of the art goggles that customers put on for every experience. We offer both interactive rides where you get to be a first person shooter or rides to just sit back and enjoy. We also sell take home mobile goggles for all phone devices. We have two location one at the Del Amo Fashion Center in Torrance CA, as well as a second location in the Brea mall. We have great relationships with multiple management groups and have been asked to expand extremely fast to other locations do to our popularity and operations as whole.

Detailed Information

Real Estate:
Leased
Building SF:
200
Lease Expiration:
1/15/2019
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
In the sale you receive 13 amazing employees. All of our training manuals and documents pertaining to operation and sales tactics. Two of the double Virtual Reality motion chairs. You will receive all of our certificates with the state. The structures for both locations as well as all our design work. All the mats and display cases (1 case at Del Amo and 3 big display cases at the Brea location). The touch screen operation system. The cash registers and POS systems. 500 units of the goggles for inventory as well as option to add more if you see fit.
Competition:
We have a lions share of the market. We have 2 competitors that we are aware of, but have never felt threatened about territory or sales. We have the best relationships with malls. The best product that we offer and the best employees and operations in this business.
Growth & Expansion:
There is endless amount of opportunity in the emerging industry. The most recent survey stated that less that 20% of people have tried VR. The technology is constantly evolving and its exciting to be apart of a billion dollar industry.
Support & Training:
We will provide 1 week of 40 hours of training to completely train you in all the nuances of the business.
Reason for Selling:
Both Partners work full time and do this on the side.
Business Website:
http://VRislife.com
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Business Listed By:
Kevin Kelly

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