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LAST UPDATED: November 20, 2023 FRANCHISE WEBSITE:<a href="https://www.coffeebeanery.com/pages/franchising-opportunities?utm_source=1851franchise.com&amp%3Butm_medium=article&amp%3Butm_campaign=franchise-deep-dive-coffee-beanerys-franchise-costs-fees-profit-and-data-2723874&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">&nbsp;</a><a href="https://www.virtualrealityfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">https://www.virtualrealityfranchise.com/</a> NUMBER OF LOCATIONS:&nbsp;6+ REPORTED COST TO GET IN:&nbsp;$288,000 to $311,000 REPORTED ROI (Item 19):&nbsp;N/A<a href="https://www.virtualrealityfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">Ctrl V</a> is North America’s first virtual reality (VR) arcade and is currently the largest virtual reality arcade franchise brand in the world. Ctrl V offers an immersive gaming experience where customers can explore virtual worlds and compete in multiplayer games all within virtual reality.Ctrl V was founded by<a href="https://www.linkedin.com/in/robertbruski/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">&nbsp;Robert Bruski</a>, who opened the first store in June 2016 in Waterloo, Ontario. Ctrl V started offering franchise opportunities shortly after.<figure class="media"><div data-oembed-url="https://www.youtube.com/watch?v=4qCkZjvTqsA&amp;list=TLGGFKFXzRDJLn8yMDExMjAyMw"><div class="iframely-embed"><div class="iframely-responsive"><iframe src="//cdn.iframe.ly/api/iframe?app=1&amp;api_key=fd3b6b3731f34f55ba1fe3&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3D4qCkZjvTqsA%26list%3DTLGGFKFXzRDJLn8yMDExMjAyMw" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen=""></iframe></div></div></div></figure><h2>How Many Ctrl V Locations Are There?</h2>As of November 2023, Ctrl V is currently active in Canada and the U.S., and has more than six open locations. In an<a href="https://www.youtube.com/watch?v=abu5R2A7PQA&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">&nbsp;interview with 1851 Franchise</a>, CEO Robert Bruski said the brand is aiming to open between two to five new locations in 2024.<h2>What Is Ctrl V’s Business Model?</h2>At its core, Ctrl V’s business model is centered around introducing virtual reality to the masses at an affordable price with “unsurpassed customer service.”“By offering VR experiences, games, education, and a myriad of other services, we hope to further immersion and global adoption of groundbreaking tech, all while helping people become business owners with us alongside them — they aren’t in it alone,” the brand wrote on its site.Users pre-book their time slots and then arrive at the Ctrl V location for their scheduled time so they can play the newest games without having to spend thousands of dollars to purchase their own virtual reality device.Each Ctrl V location has about 16 VR devices and sits at about 4,000 square feet. Each location is designed to be a family-friendly environment that fosters enjoyment for everyone. As such, the ideal Ctrl V franchise owner is “fun, hard-working” and is fully focused on the customer experience. Interested candidates are not required to have previous industry experience as Ctrl V provides ample training to get new owners up and running. New operators are expected to participate in a two-week training program at the flagship location in Waterloo, where they will learn everything from software, hardware, gaming, marketing, franchise operations, accounting, customer service and floor operations.<figure class="media"><div data-oembed-url="https://www.youtube.com/watch?v=3FufS2eGPWo"><div class="iframely-embed"><div class="iframely-responsive"><iframe src="//cdn.iframe.ly/api/iframe?app=1&amp;api_key=fd3b6b3731f34f55ba1fe3&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3D3FufS2eGPWo" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen=""></iframe></div></div></div></figure><h2>How Much Can Ctrl V Franchise Owners Make?</h2>Ctrl V does not have a publicly available Item 19. To learn more,<a href="https://www.virtualrealityfranchise.com/contact-us/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">&nbsp;contact the team</a> about reading the Franchise Disclosure Document (FDD), which will state the total earnings of any company or franchise-owned unit as a reference.<h2>How Much Does It Cost To Open a Ctrl V Franchise?</h2>As of the publishing of this story, the initial investment required to open a Ctrl V franchise ranges between $288K and $311K. This investment is broken down into the following costs:<ul><li>Station Costs: $110,000</li><li>General Arcade Costs: $6,000 to $20,000</li><li>Branding Materials: $6,000 to $15,000</li><li>Legal Costs: $7,000</li><li>Insurance Costs: $3,000</li><li>Facility Deposits: $13,000</li><li>Franchise Fee: $60,000</li><li>Opening Day Marketing: $20,000</li><li>Working Capital: $63,000</li></ul>These costs can vary based on shipping, FX rates, real estate costs and a number of other factors.<h2>What Is the Franchise Fee for Ctrl V?</h2>The franchise fee required to open a Ctrl V arcade is $60K. Franchise owners must also contribute 1.5% of revenue to Ctrl V as an equal component to the national marketing fund.<h2>Who’s On Ctrl V’s Leadership Team?</h2><ul><li><a href="https://www.linkedin.com/in/robertbruski/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">Robert Bruski — CEO and Co-Founder</a></li><li><a href="https://www.linkedin.com/in/james-elligson-189b22a5/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">James Elligson — COO and Co-Founder</a></li><li><a href="https://www.linkedin.com/in/joshbrookscinefile/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">Josh Brooks — Support Center Manager</a></li><li><a href="https://www.linkedin.com/in/justinkyryliuk/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">Justin Kyryliuk — Director of Technology</a></li><li><a href="https://www.linkedin.com/in/jason-brooks-268718231/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">Jason Brooks — Communications Manager</a></li><li><a href="https://www.linkedin.com/in/angelacoteinc/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">Angela Cote — Executive Franchise Advisor</a></li><li><a href="https://www.linkedin.com/in/brecon-gage-4aa85a45/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">Brecon Gage — Franchise Growth Advisor</a></li></ul><h2>What Helpful Articles Can I Read to Learn More About Ctrl V?</h2><ul><li><a href="https://www.virtualrealityfranchise.com/ctrl-v-recognized-for-franchise-excellence-at-cfa-national-convention/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">Ctrl V Recognized for Franchise Excellence at CFA National Convention</a></li><li><a href="https://www.virtualrealityfranchise.com/ctrl-v-ranked-as-top-franchise-for-2021/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">Ctrl V Ranked as Top Franchise for 2021</a></li><li><a href="https://www.virtualrealityfranchise.com/ctrl-v-receives-franchisees-choice-designation-from-the-canadian-franchise-association-cfa-2/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">Ctrl V Receives Franchisees’ Choice Designation From the Canadian Franchise Association (CFA)</a></li><li><a href="https://www.youtube.com/watch?v=rmO1brOW6tQ&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-ctrl-v-franchise-costs-fees-profit-and-data-2724322" target="_blank" rel="nofollow">Shawn &amp; Beth | Testimonial | Ctrl V Virtual Reality</a></li></ul>Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.&nbsp;&nbsp; &nbsp;

Franchise Deep Dive: Ctrl V Franchise Costs, Fees, Profit and Data

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