Univrse Virtual Reality Arcade Franchise Opportunity

Business Detail

About Us:

Univrse is the next level entertainment destination featuring world-class top-rated Virtual Reality experiences, games and more. With more than 25 exciting titles for all age groups, the arcades are a fun place for everyone to spend great times with their friends and families.

Univrse, as the name suggests VR and Universe, takes you to a different virtual world whereyou can do things that are not really possible in reality. As they say, why play whenyou can live it! The top-notch hardware at the arcade allows the users to feel and get inside the games and experiences using VR headset, interact and play using controllers, move around, jump, dodge and thusforget the real world. Users can be in the game instead of just looking at it!

Univrse tends to be a social fun a place where the customers can come, enjoy experience next-levelVR entertainment.

Investment Detail

Commenced Operations

Operations Commenced On 2016

Franchising / Distribution Commenced On 2018

Franchise Details

UNITS

Location Store wise

Investment INR 20lakh - 30lakh

Franchise/Brand Fee INR 350000

Royalty/Commission 15 %

Expansion Locations

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

UNION TERRITORIES

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details

Anticipated percentage return on investment 80%

Payback Period 1-2 Years

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 200 - 700 Sq.ft

Preferred location of unit franchise outlet High street, Premium malls, Gamming Zone, Airport

TRAINING DETAILS

Franchisee training location Nagpur or At Store location

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is term renewable? Yes