CTRL V

Lodging & Leisure Party-Related Goods/Services

Franchise Summary

Description

CTRL V Partners LLC offers individual unit franchises for the development and operation of retail locations that provide retail customers with a premium immersive virtual reality experience.

Company Background

For the first time in history, consumers can experience what it's like to see and feel virtual worlds with a 360-degree immersive environment. CTRL V offers an individual unit franchise for entrepreneurs who want to get in on this newest tech trend and make money while helping people enjoy the future of entertainment. CTRL V is more than just a VR arcade. We offer our customers a high quality retail experience that includes not only VR, but also other interactive tech such as 3D printers, drones, robotics, and more! Our goal is to provide consumers with an unforgettable shopping experience that they won't be able to find anywhere else in town - or even online!

Franchise Opportunity

Virtual reality is becoming more and more popular, but there are very few places in the world where you can experience it. The technology behind virtual reality continues to improve, but most people don't have access to this amazing new way of experiencing things. CTRL V offers a franchise opportunity for entrepreneurs who want to own their own VR center. Our units come with all the equipment needed to run an immersive virtual reality business, including high-end computers that render graphics faster than any consumer-grade PC available on the market today. We also offer our customers a free trial period so they can try out our service before buying anything from us.

Corporate Structure

CTRL V Partners LLC is a Delaware limited liability company formed on November 2, 2016. Their principal place of business is 170 Columbia Street West, Suite 5, Waterloo, Ontario, Canada N2L 3L3. They conduct business under the name “CTRL V Partners LLC” and “CTRL V.” They commenced offering franchises for CTRL V® Businesses in May 2017.

Investment and Franchisee Fees

The total investment necessary to begin operation of a CTRL V® franchised business is from $139,870 to $227,900. This includes $25,105 to $25,450 that must be paid to the franchisor.

Employee Contact Database

#	Name	Position	Phone Number	Email Address

Distribution of CTRL V Franchisees

CTRL V Franchise System Development in 2018

FAQ

How much investment do I need to start my own CTRL V business?

Franchisees typically require at least $142 to $233 investment to get their CTRL V business started

What are the initial franchise fees for CTRL V?

Franchisees typically need to pay at least $25 in fees directly to CTRL V in order to earn the right to launch their business

How much money can I make with a CTRL V franchise? What are the average revenues for a typical CTRL V business?

We haven’t done the math on how much revenue a typical CTRL V brings in each year. We estimate that other franchisees in the Lodging & Leisure industry generate $882,894 revenue, so we would expect CTRL V to generate a similar amount

How long do I need to commit to running a CTRL V unit? What is my contractual commitment?

CTRL V franchisees are typically required to sign up to a 5 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

10 /10

The Franchisor's investment costs ranges from $66,820 to $81,070 which is Much Lower than the $0 to $0 average in the Party-Related Goods/Services industry

What determines the investment cost?

Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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