Virtual & Augmented Reality Business Investment Opportunity in Bengaluru, India
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 81 thousand |
Run Rate Sales | USD 110 thousand |
EBITDA Margin | 30 - 40 % |
Industries | Entertainment Centers + 1 more |
Locations | Bengaluru |
Local Time | 1:58 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- 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.
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.
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Earlier than 15 daysSenior Development Manager, Banking, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysSenior Executive, Technology, Bengaluru, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director & CEO, Web & Mobile Application Development, Bengaluru, Individual Investor / Buyer connected with the Business