↩ Go Back
Need help?

Entertainment Center Investment Opportunity in Bangalore, India

Complete AR/VR gaming solution with 9 entertainment centers in malls across Bangalore serving 16,000 customers/monthly.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 80 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 30 - 40 %
Industries Entertainment Centers + 1 more
Locations  Bangalore
Local Time 11:59 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 70 thousand for 20.0% stake (Native Currency: INR 6,000,000)
Reason: Require funds for the following reasons: business expansion, product certification for an upcoming g... View More
Includes physical assets worth USD 240 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- AR/VR enabled gaming and entertainment centers at 9 prominent mall locations throughout Bangalore. Also involved in hardware and software development of games for the brand.

- Have served more than 5 lakh customers till date. Serve 16,000 customers on a monthly basis. Expected ROI for the investment is 1 year.

- We have 30-40 simulations and games available across all the locations. Each location has 1-2 attendant.

- Charge INR 150 per experience on average. Each experience lasts for 7-8 minutes.

- Have started providing 3D virtual tour services recently for different businesses like real estate companies. Serving 3 major B2B businesses currently.

- Have developed 2 games internally (Cricket and free roam shooter) for the brand. Besides that, we have also developed 5 simulators. We have the exclusive distributorship rights of 2 unique games.

- Pre COVID-19, we were also engaged in corporate and college events. We conducted 1-2 events on a monthly basis.

- We undertake digital and social media marketing to promote the business. Additionally, we were recognized by Silicon India as a top 10 entertainment center in Bangalore.

- Promoter has 5 years of experience in this particular domain.

Products & Services Overview

Some services provided by the business include: VR gaming kiosks setup, VR simulators assembly and production, VR gaming events management, 3D 360 virtual tour service end to end and hashtag event software service.

Assets Overview

The VR gaming kiosks and machinery that are worth INR 2 crore are the primary physical assets of the business.

Facilities Overview

We are present at 9 locations in malls across Bangalore.

Each location has an area that varies between 100 - 300 square feet.

All the locations are taken on rent. Prior to the pandemic, we paid INR 6.5 lakh/monthly however this amount has been reduced by 70 percent to INR 1.95 lakh/monthly after negotiating.

Capitalization Overview
Not Disclosed
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

1 Investor viewed this Business this week.
Register below to connect now!

Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more