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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 super powers
80% gross profit margins
3X lower CoGS
75% lower labour expense
40% return customer rate
Proactive business coaching
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 fund1.5% of total Gross Revenue
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Technology industry:
Technology franchises include IT support, computer repair, and digital marketing. As technology becomes integral to daily life, this sector offers opportunities for tech-savvy entrepreneurs.
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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. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Ctrl V's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Ctrl V, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Ctrl V franchise, including startup costs and working capital estimates. | |
| 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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