Franchise Information
Franchise Industry
Professional Services
Started Franchising
2016
Headquarters (City, State)
Waterloo, Ontario
Number of Locations
Total U.S. Locations
2
U.S. Franchised Units
5
U.S. Corporate Units
1
Investment Information
Investment Range
$250,000 - $499,999
Franchise Fee
$60,000
Royalty and Marketing Fees
7% and 1.5%
Gross Revenue
-
ABOUT CTRL V
Founded in 2016, Ctrl V is North America’s (and maybe the world’s) first Virtual Reality Arcade. Our mission is to elevate everyday experiences through immersive adventures that bring joy to our customers while elevating the lives of entrepreneurs through successful business ownership. 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.
- Investment
Franchise Highlights
80% Gross Profit Margins & 40% Return Customer Rate
Extremely low competition with room for growth
Weekly Business Coaching and robust support systems & training
75% lower wage expense and 3X lower CoGS than the competition
Frequently asked questions
Top performing franchisees operate at a 60-70% utilization rate