VR Galaxy

Area Requirement 250 - 1000 Sq.ft
Investment Size INR 10 Lac - 20 Lac
Franchise Outlets Less than 10

Business Detail

About Us:

VR Galaxy, A virtual reality gaming lounge from Chennai. Virtual reality gaming industry is expanding its space and it is the right time to invest in the VR game. Down the line this will be the best industry in the gaming with good return on investment.

If you have the passion to succeed, this virtual reality gaming industry will be the best opportunity for you to work with Freedom and lot of fun interacting with the gamers

Investment Detail

Commenced Operations

Operations Commenced On 2017

Franchising / Distribution Commenced On 2017

Franchise Details

UNITS

Location Store wise

Investment INR 10lakh - 20lakh

Franchise/Brand Fee INR 75000

Royalty/Commission 8 %

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

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 70%

Payback Period 0-11 Months

Any Other Requirements Interiors

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 250 - 1000 Sq.ft

Preferred location of unit franchise outlet Food court, Multiplex, Shopping zone

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location At your place

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? 3 Years

Is term renewable? Yes