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Ctrl V
Founded in 2016, Ctrl V is North America's (and maybe the world's) first Virtual Reality Arcade. Our mission is to bring the wonderful experience of virtual reality to mass adoption while helping entrepreneurs find that "thing" that they've always been looking for when starting their own business with franchising. We are the gold standard in virtual reality entertainment with numerous accolades and awards to our name, coupled with an all-star industry reputation. Ctrl V is a brick-and-mortar virtual reality facility where people of all types can come and experience all different kinds of virtual reality content. This includes entertainment (if you like shooting zombies), education (where school groups can learn astronomy, chemistry, biology, etc. all in VR), corporate team building (escape/locked rooms in VR), date nights, birthday parties, senior/retirement home visits, wedding proposals, etc. The limit is really within your imagination.
Your franchise match score
Technology
Brand highlights
- CEORyan Brooks
- Headquarters
- Year founded2016
- Year started franchising2016
- IndustryTechnology
- Locations open1 (+1 last three years)
Statistics & metrics
- Investment range$142,850 - $233,300
- Franchise fee$60,000
- Royalty7% total of Gross Revenue
- Brand fund
- Required Liquid CapitalN/A
- Required Net WorthN/A
Brand superpowers
80% gross profit margins
3X lower CoGS
75% lower labour expense
40% return customer rate
Proactive business coaching
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Ideal candidate profile
No Industry Experience Required
Community Centric
Business Acumen
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2019-04-29
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Ctrl V, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Ctrl V franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Ctrl V franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Ctrl V franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Ctrl V. | |
| Financial Performance Representations | Review any financial performance information Ctrl V provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 1 |
| Franchise locations | 1 |
| Corporate locations | 0 |
System growth over time
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