Listing Number: 52941-134409
Description
Step into a world where imagination meets technology! This cutting-edge virtual reality arcade business is poised to revolutionize the entertainment industry in Dallas. Using the latest in virtual reality equipment along with the best gaming content available, this business is currently growing its revenue at a rate of 26.4% (YTD 10/2024 vs YTD 10/2025) with the expectation of continued growth.
The owners worked with the franchisor to bring this virtual reality concept to the Dallas area with the business opening in July 2022. Since then, the owners have seen the business steadily grow from $0 revenue at the beginning to the current $133k/yr (10 months ended 10/24, annualized).
The virtual reality industry is projected to double in size from CY 2022 to CY 2025 and projected to continue to grow at a 21.6% CAGR through CY 2031. This business is well positioned to take advantage of this growth as it has the superior product versus its competitors and is more affordable than its competitors.
Although the owners have successfully guided the business from inception to the fast-growing business that is poised for very healthy profits, the owners are needing to focus their attention on other opportunities. As such, they are looking for a buyer who can continue to grow the business.
Alternatively, the owners are willing to entertain an asset sale type of structure if a buyer would like to use the existing location for a different purpose and liquidate the assets which includes $95k in FF&E and $63k in LHI.
Listing Details
- Price: DH 70,000
- Down Payment: DH70,000
- Sellers Discretionary Earnings: DH 0
- Total Sales: DH 133,990
- Location: Collin County, Texas
- Inventory: DH 0
- FF&E: DH 95,156
- Employees:
- Year Established: 2022
- Reason for Selling: Pursue Other Opportunities
- Category: Recreation,Retail Miscellaneous,Video Related Biz
